Art collecting

Art dealing

Art investing

Art speculation

To make money

To enjoy the art

To support artists

To educate the public

Art collectors buy art for personal enjoyment, while art dealers buy art to sell for profit.

Art collectors are typically more knowledgeable about art than art dealers.

Art collectors are typically wealthier than art dealers.

All of the above

To help art collectors find and purchase art

To help art collectors manage their collections

To help art collectors sell their art

All of the above

The price of the art

The quality of the art

The artist's reputation

The provenance of the art

The primary market is where art is sold for the first time, while the secondary market is where art is sold by subsequent owners.

The primary market is typically more expensive than the secondary market.

The primary market is more regulated than the secondary market.

All of the above

A public sale of art where buyers bid on items

A private sale of art between a buyer and a seller

A sale of art online

All of the above

To organize and conduct art auctions

To provide expert advice to buyers and sellers

To guarantee the authenticity of art

All of the above

The reserve price is the minimum price that the seller is willing to accept for the art, while the hammer price is the price at which the art is sold.

The reserve price is typically higher than the hammer price.

The reserve price is set by the auction house, while the hammer price is set by the highest bidder.

All of the above

Salvator Mundi by Leonardo da Vinci ($450.3 million)

The Scream by Edvard Munch ($119.9 million)

Les Femmes d'Alger by Pablo Picasso ($179.3 million)

Three Studies of Lucian Freud by Francis Bacon ($142.4 million)

L'Homme qui marche I by Alberto Giacometti ($104.3 million)

Balloon Dog (Orange) by Jeff Koons ($58.4 million)

Rabbit by Jeff Koons ($91.1 million)

La Tulipe by Jeff Koons ($33.7 million)

Rhein II by Andreas Gursky ($4.3 million)

Untitled #96 by Cindy Sherman ($3.89 million)

Untitled Film Still #48 by Cindy Sherman ($2.9 million)

The Pond-Moonlight by Edward Steichen ($2.9 million)

The Scream by Edvard Munch ($119.9 million)

Les Femmes d'Alger by Pablo Picasso ($179.3 million)

Three Studies of Lucian Freud by Francis Bacon ($142.4 million)

Marilyn Monroe by Andy Warhol ($105.4 million)

Head of a Bear by Leonardo da Vinci ($11.5 million)

Study for a Seated Nude by Michelangelo ($7.2 million)

The Card Players by Paul Cézanne ($25.9 million)

Three Studies for a Crucifixion by Francis Bacon ($14.6 million)