This quote from Art Basel Miami via @puck.news !
"You also have to bear in mind that the cash has lost its value... Fifty years ago, a painting worth $100,000 was a lot of money. Today, with $100,000, you can spend one week in a luxury hotel.”
https://puck.news/young-collectors-brazilians-show-out-at-art-basel-miami-2024/
"You also have to bear in mind that the cash has lost its value... Fifty years ago, a painting worth $100,000 was a lot of money. Today, with $100,000, you can spend one week in a luxury hotel.”
https://puck.news/young-collectors-brazilians-show-out-at-art-basel-miami-2024/
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