Sold! And the Winning Bid Is…

In this exciting episode, the Yieldstreet x Athena Art Finance team covers a plethora of trending topics within the art market. Noah Kupferman, Director of Business Development, and Cynthia Sachs, MD/CIO of Art Finance, are joined by Sotheby’s Senior Vice President and Senior Specialist Leslie Prouty for a discussion about the results of Christie’s 21st Century Evening Sale and Sotheby’s Evening Auctions featuring pieces by Andy Warhol, Jean-Michel Basquiat, and Jeff Koons.Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260Key Takeaways:[2:31] A shift toward Marquee option sales and the latest test of resilience within the art market.[4:33] The wide variety of themes that are dominating the art market with record-breaking sales.[8:17] Details of the unsurpassed transformation of the art market over the past year. [13:45] Signs of a fully robust art market that investors need to be aware of. [17:39] Key aspects of the artists driving the renewal and regeneration of contemporary art.[22:05] Auction highlights and notable disappointments.[27:33] What is the difference between $5 million and $90 million pieces of art? Consider the context and idiosyncratic risk associated with art investments. [34:08] Is all art increasing in value at the same exponential rate?[38:39] Cryptocurrencies and NFTs from the art finance perspective.[44:43] What is causing the rapid increase in art pricing and is art an inflation hedge?Mentioned in This Episode:YieldstreetAthena Art Finance