The Art of Art Collecting

Art prices are soaring, driven upward by new buyers joining the search for rare classics or the next master. Last year, Sotheby's and Christie's each reported record sales, with about a third going to first-time buyers. And earlier this year, a Gauguin reportedly was sold privately for about $300 million, one of the highest prices ever paid for a painting. The art world is thriving. Galleries, online sales and the exclusive worldwide show circuit all attract a diverse and often elite clientele. Art collectors are often both savvy investors and passionate connoisseurs who appreciate the tradition of assembling unmatched troves. Join our panelists as they explore the reasons behind the record-shattering growth as well as the finer points of art collecting.