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Page 1: Rics toronto

Gerhard Richter!Abstraktes Bild (712)

Sotheby’s November 13, 2012 17,442,500 USD

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Gerhard Richter!Abstraktes Bild (712)

Christie’s May 13, 2014 Est. 22-28m USD

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Expected rise in value over18 months

26% or more

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Global Art Market Value vs Volume

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Value vs Volume (Detail)

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Global Population of UHNWI (>$30m)

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Financial Crisis

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Price of Gold Over 10 Years

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2011Arab Spring!

Tunisia Egypt Libya Syria

Greek Debt Crisis

US Debt Ceiling Fight!S & P Downgrade

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