21 Jun 2011 the man bought at Christie's a Picasso for $29 133 000 and 15 may 2017 there sold for $45 500 047

keep in mind: 45 million — is already with the Commission of the auction and without auction fee from the seller. That is, in the hands of the investor has obtained less than $40 000 000, plus what-то ate taxes. But still, the profit obtained in the region of $10 000 000 over 6 years of ownership beautiful. A little less.

In this example, the agreed risk, good judgment and luck. I suppose that this portrait of Dora Maar took investor, not a collector — painfully typical ownership period. The seller waited for the optimal minimum — for six years. Only advisees and from there went on sale. Bought at Christie's in London, , and resold at Christie's in new-Йорке. By the way, in 2011, people took a risk: he bought "the woman" almost triple excess estimeyta. The auction gave a maximum benchmark of $13 million, and the investor was not afraid to go up to $29 million as a whole the story is interesting as catching an example of successful investment in art is not in the best of market stress.

Sources: christies.com, christies.com, artinvestment.ru