国内外普遍使用重复交易法来计算艺术品收益率。有研究表明,能够重复交易的艺术品在拍卖市场上只占5-10%,并非是投资者购买某一艺术品,收藏若干年就能坐享高收益。在2009-2011年,中国的艺术品投资曾经历一个“暴利”的年代,但这样的年代已一去不复返。当时艺术品的暴利是建立在艺术品市场突然拔地而起的基础上,一个行家可以在春拍上买下艺术品, Domestic and foreign common use of repeated transaction method to calculate the return on the art. Studies have shown that works that can be traded repeatedly account for only 5-10% of the auction market. It is not for investors to buy certain works of art and for a few years they can enjoy high returns. In 2009-2011, the art investment in China went through a period of “profiteering,” but such an era is gone forever. At that time, the huge profits of artwork were based on the sudden ups and downs of the artwork market. An expert could buy artwork in the spring auction,