The Most Expensive NFTs and What Happened to Them
Beeple sold for $69.3M and Pak's The Merge for $91.8M. We trace the record NFT sales, the 90%-plus collapse that followed, and what it teaches investors.
Deeply reported features from the Masterworks Research Team, published weekly.
Beeple sold for $69.3M and Pak's The Merge for $91.8M. We trace the record NFT sales, the 90%-plus collapse that followed, and what it teaches investors.
The great wealth transfer will move tens of trillions to heirs through 2045 to 2048. Here is the scale, who inherits, and what it means for allocation.
Why the classic 60/40 stock and bond portfolio broke in 2022, whether it is really dead, and the third bucket of real assets and alternatives that may replace it.
How tax-loss harvesting works in US taxable accounts: offsetting gains, the wash-sale rule, direct indexing, limits, and how art's 28% rate fits in.
The tax-efficiency toolkit for US high earners: asset location, account choice, long-term gains, loss harvesting, munis, charitable giving, and where art fits.
How Surrealism went from a 1920s avant-garde to the strongest segment of the high-end art market, and what drives its prices for investors.
How street art went from illegal subway tags to blue-chip auctions. We trace Haring, Basquiat, Banksy, and KAWS, the records, and what the market means for investors.
How private market secondaries work: LP-led and GP-led deals, pricing to NAV, the record $240B 2025 market, and how individuals access it.
Private equity vs venture capital compared across stage, control, holding period, and return shape, with a clear side-by-side for investors choosing between them.
Private banking vs. wealth management for HNW clients: services, lending, pricing, thresholds, and where an art allocation fits the relationship.
Art price tiers behave differently. Sell-through, value concentration, and bidding patterns across $100K, $1M, and $10M+ works, with data on 400,000+ lots.
Photorealism and Hyperrealism explained for investors: the movement's origins, the key-artist auction records, and how the category sits relative to broader contemporary art.