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Bloomberg Businessweek Weekend - June 30th, 2023

Bloomberg Businessweek

00:00

How to Start a Collection

A lot of collectors realized that there is no point in spending $2 million in someone who's 35 and has had a career of five years, for example. Buy at galleries because you don't want to pay the premium of 25% that the auction houses are going to charge you. The thing that you have to do is build the relationships with the galleries and make sure that you are following what the artist is doing.

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