Extremely Expensive
Are collectibles for collecting or investing? Advisors weigh in
Interest in collectibles is hitting new heights. “Rabbit,” a 1986 stainless steel sculpture by the artist Jeff Koons, sold to Robert E. Mnuchin, father of Treasury Secretary Steve Mnuchin, this May for $91.1 million, making it the most expensive work ever by a still-living artist. And a pearl pendant once…
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