Auctions in London and a major art fair opening Thursday in New York could reveal where the art market is headed this season
The art market can be frustratingly opaque, but a series of telltale events—including auctions ongoing in London and a major art fair opening Thursday in New York—could help forecast the trajectory of art prices this year.
This past week, Sotheby’s and Christie’s held solid sales of impressionist and modern art that were marred by a few painful casualties, including an estimated $53 million Claude Monet that went unsold. Starting Tuesday, both houses are preparing to rally with contemporary art sales in London that will either...
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