2021 was a positively surprising year in the world of investments. The art market was no stranger to this, with major auction houses reporting record sales for the year.
a) Woman in front of a window, Pablo Picasso
b) Portrait of a Young Woman Holding a Medallion, Sandro Botticelli
c) Wooden cabins among olive trees and cypresses, Vincent Van Gogh
Answer:
a) Woman in front of a window. Picasso's work was auctioned at Christie's in New York in May last year for US$103.4 million. However, the surprise of the year was Everydays: the first 500 days, a high-resolution composition of digital images created by Beeple every day since May 2007. The work, which started the auction at US$100 and ended up selling for US$69.3 million, put NFTs, virtual works of art, in the spotlight. Everydays: the first 500 days was acquired by an NFT production studio and cryptocurrency fund Metapurse, based in Singapore.
