On the BBC international site you can read an interesting article by Georgina adams explaining how the perceived logic of buying into the art market does not automatically generate the worth it is purported to for the buyer.
This month a Jeff Koons sculpture of a shiny, giant balloon dog is coming up for auction at Christie’s New York, carrying an eye-popping pre-sale estimate: $35m-$55m. It is one of five such pieces, each a different colour, that the artist made (or rather, had made) in stainless steel over six years, from 1994 to 2000. Each of the other four is already in a high-profile collection. While the artist and his galleries guard prices carefully, these collectors probably paid under $6m for the costly mutts when they first bought them.
Read the rest of the article on the international site here (sorry UK readers): http://www.bbc.com/culture/story/20131104-is-art-a-good-investment