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Exploring the Distinctions in the Art Market and Blue Chip Artists
The chapter delves into the distinctions between the secondary market and the blue chip segment in the art market, highlighting the stability and returns of blue chip artists like Picasso and Warhol. It discusses the effects of decreasing artwork supplies on pricing and the varying returns and interests observed across different segments of the art market.
Stig and Preston talk to the founder of Masterworks, Scott Lynn. Scott is the creator of a company that allows investors to purchase a share of a fine piece of artwork from legendary artists like Monet, Picasso, or Andy Warhol.
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