How to Spend $1M on Art

How to Spend $1M on Art

Assessment

Interactive Video

Business, Arts

University

Hard

Created by

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The video discusses how to start an art collection with a $1,000,000 budget. It covers various art categories, including classical, contemporary, and thematic art, and suggests exploring different mediums like drawings. The video also touches on the investment potential of art and the importance of market timing. It highlights artists like Lorna Simpson and advises on building a collection that reflects personal interests and values.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some strategies suggested for building an art collection with a budget of $1,000,000?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How can one approach the purchase of old master artworks according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of contemporary art in the context of environmental issues as mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential investment value of drawings by famous artists compared to their paintings.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice is given regarding the valuation of art pieces over time?

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