Wealth Preservation: Original Artwork
The world around us is slowly unraveling in a debt filled mess. Many of us that have awoken to the dire state of the world economy always look for alternatives when it comes to wealth preservation. The top three methods for the ultra-rich to preserve family wealth for generations has been done by acquiring:
- Hard Assets (such as Gold and Silver)
- Real-Estate
- Artwork
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Now everyone has heard of Van Gogh, Picasso, Warhol, and Rembrandt. They deserve to be in the top #3, but surprisingly enough other artists have taken the spot.
Presented to you are the KNOWN top 3 paintings sold in USD denomination:
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#3. Nafea Faa Ipoipa (When Will You Marry?)
This painting was created by Paul Gauguin in 1892 and was purchased by the state of Qatar for
$212,000,000
#2. The Card Players is a series of oil paintings by the French artist Paul Cezanne and was painted in 1892, It was sold April 11 2011 for a whopping $266,000,000 USD. Again purchased by the State Of Qatar.
#1. Interchange, also known as Interchanged, is painted by the Dutch-American painter Willem de Kooning in 1955.
This painting sold for a WHOPPING $303,000,000 USD in September 2015 by Kenneth C. Griffin who is an American Billionaire Investor.
Most individuals cannot purchase artwork as many are forged by very talented artists. I once knew a guy who used to purchase art from E-bay. Suffice it to say he no longer does, as certifying his acquisitions became more and more difficult. Many Art-Exhibits may even be selling forgeries unknowingly. So it looks like Artwork is not the BEST way to preserve wealth for us Minnows.
Hope you enjoyed my post,
BB613
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I saw your post in the #postpromotion channel on the WhaleShares discord. Thank you for being with us! It's crazy that those artworks had been sold for such a big amount of money.
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