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The works of great artists buoyed the art market last year and none did more than Leonardo da Vinci, whose "Salvator Mundi" sold to great fanfare for $450 million in New York in November. Global art sales grew 12 percent to an estimated $63.7 billion after two years of falling sales, a report published by UBS and Art Basel said Tuesday. That still fell short of the record of over $68 billion set in 2014 and below $66 billion achieved in 2007 before the art market plummeted during the financial crisis.Purchases of ultraexpensive artworks soared in value, with the study finding a 148 percent increase in total sales value of works sold for over $10 million at auction over the last 10 years, and a 125 percent increase over just one year.
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