The Value of Art Collecting
Art can fetch unfathomable amounts from avid art collectors who want to acquire certain pieces. Leonardo da Vinci’s ‘Salvator Mundi’ sold in 2017 for over $450 million. Fine art collections require a collector to be a billionaire since a single painting sells over $100 million at auction.
Collecting Rare Coins
Rare coins are valuable collectibles that enable exploring history across the globe. Older coins are more valuable as more minerals were used to make them. Novice collectors should start with items needing a low investment that are still worth money, like records.
Valuable Collectibles
Fine art is one of the most valuable things to collect. A single painting can sell for more than $100 million at auction. Rare coins are also very valuable collectibles that enable exploring history across the globe. As coins get older, they tend to become more valuable as more minerals were used to make them in the past.
The Broad Museum in Los Angeles displays over 2,000 pieces from the greatest contemporary art collection amassed by Eli Broad.
In 2004, 50 Fabergé eggs were sold for an estimated $50 million to billionaire Victor Vekselberg who considers them a national treasure.