Recently My eyes got stuck when I read the following artical while searching of the Art. Now a days Art is not only just for display, it is a huge investment going on round the world. Go through the following if you really want to see its power.
Hedge-Fund Experts Put Art in the Deal
RealEstateJournal.com
Earlier this year, hedge-fund millionaire Daniel Loeb made a sweet trade. The 43-year-old partner at Third Point LLC had purchased a rare asset in 2003. He found a buyer in January and sold it for a 500% profit, making a quick $1 million. He wasn't trading stocks or bonds. He was selling "UNO-Gebaude Haus per la pax," a 1984 painting by the German artist Martin Kippenberger. Adding to Mr. Loeb's delight, the buyer was the London gallery owned by Charles Saatchi, the famed British collector and businessman. Mr. Loeb declined to comment on the sale. A spokeswoman for Mr. Saatchi confirmed only that the gallery had purchased the painting.
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