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There are never going to be any new old masters and because shit happens the supply is slowly shrinking over time as various works leave the market due to museu
by evgen 9y ago
There are never going to be any new old masters and because shit happens the supply is slowly shrinking over time as various works leave the market due to museum acquisition, accident, war, and theft. The demand side of the equation however is growing as various new money entrants to the art market compete for this diminishing supply. The demand side is also boosted by the fact that art like this has now become something of a financial tool for capital flight, corporations, investment funds and criminal interests.