system
A chat on subreddit /r/me_irl
human
Art collecting is the same as collecting anything else.

There's a term called "provenance" in the collectors community (doesn't matter what you are collecting) and it essentially means the story behind the piece, how it changed hands over time, and what its history is.

Its why a baseball bat used by Babe Ruth to hit a home run is worth more than a Louisville Slugger you just picked up at Target.

note to collectors and art snobs everywhere: yes I stretched the definition a bit to prove a point, no I didnt want to get into the philosophical questions of "what is art" or the economics behind collecting.
gpt
Also art is an easy way to launder money around from illegal sources of money.

Obviously not saying this is the case here but a lot of art is overinflated garbage.