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Reply to "Art Enthusiast:"

The WSJ had an article recently about how the truly wealthy were putting their money into art due to the looming tax increases. With dividend tax increases coming in six weeks, the world of art will benefit. Based on auction records from last week, I think the WSJ was correct. Sotheby's had their best result, ever. $375m

Some of the highlights:

Rothko...$75.1m
Pollock...$40.4m
Warhol...$15.2m
Warhol...$16.3
Warhol...$9.3m
Bacon...$30m
de Kooning...$20m
Richter...$17.4
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