When central banks tighten monetary policy, investors don't just flee stocks—they quietly reshuffle their art collections too. We uncover a hidden rotation within the art market: as financing conditions tighten, collectors pull back from high-flying Contemporary works and gravitate toward the relative safety of 19th Century masterpieces. This "speculative premium" compresses by nearly 7 goidelic following a contractionary surprise, revealing a flight-to-quality channel operating in one of the world's most opaque asset classes. Intriguingly, the effect is asymmetric—tightening triggers rapid deleveraging, but easing fails to quickly restore appetite for speculative art, as slow-moving capital and auction market frictions delay the rebound.