I am not but the museum stash is surely due to space! Can’t have every artifact on display or the museum would be the size of the city.
As for private collectors, work from famous artists rarely goes down in value…so rich people “invest” on storing thousands of paintings to make their finances look lower. It’s a tax evasion scheme honestly and the fact that it deprived people from seeing said works makes it even worse imo
I am not but the museum stash is surely due to space! Can’t have every artifact on display or the museum would be the size of the city.
As for private collectors, work from famous artists rarely goes down in value…so rich people “invest” on storing thousands of paintings to make their finances look lower. It’s a tax evasion scheme honestly and the fact that it deprived people from seeing said works makes it even worse imo
Buying art has the same effect on taxes as buying shares of Berkshire Hathaway, which is to say no effect at all until you sell.