The high-end art market seems to be a great option for investment these days.On Tuesday, Vincent Van Gogh's painting, L'Allée des Alyscamps sold at a Sotheby's auction for $66.3 million to a private collector from Asia. This is roughly 6 times the price it drew in 2003 when the hammer fell at $11.8 million.
Sotheby's notes, "$66.3 million marks the highest auction price for Van Gogh since 1998, and an auction record for any landscape by the artist."
There were other big sellers at the Sotheby's Impressionist & Modern Art auction as well. One of Claude Monet's paintings sold for $54 million to an American collector.