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RE: A picture is worth thousand words: A curious curator.
For instance, the value of these paintings is often driven by the ego of the rich. They are unique pieces that cannot simply be acquired unless the owner chooses to sell them. As a result, competition through bidding pushes prices higher, and I suppose that is how these paintings retain their value.
Yes, this is the case. Other is these paintings, vintage wine bottles etc. are investing tools for them. They invest on them and sometimes use them for money laundering.