Edvard Munch's masterpiece 'The Scream' made $120m (£74m) when it went under the hammer last week, setting a new world record for a work of art sold at auction. Before the sale, the artwork was expected to make $80m. Art and investment have always been uneasy bedfellows but as prices smash records in the auction room and investors scour the globe for a safe place to ride out the economic storm of high inflation and sovereign default, there is growing momentum behind the 'art as an investment' school of thought.
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