Ultra-Rich Collectors Help Keep Art Market Afloat

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Share:Elizabeth BlairLike most everything else, the price of waterlilies is going up. A painting from Claude Monet’s waterlily series auctioned off Tuesday night in London smashed the previous record for a work by the impressionist, fetching $80.5 million.The eye-popping sale illustrates that while most ordinary people are cutting out non-essential spending, wealthy art collectors aren’t. […]