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Benzinga
Benzinga
Business
Chris Katje

Paul Allen Art Collection Auction Will Bring Out High Rollers: What Does It Say About the Art Market?

An upcoming auction for more than 150 pieces of art from a notable technology mogul is drawing headlines in the art world and could show strength for the popular alternative investing category outside of stocks, bonds, gold and cryptocurrency.

What Happened: Auction house Christie’s is being tasked with selling art that belonged to Microsoft (NASDAQ:MSFT) co-founder Paul Allen, who passed away in 2018.

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