Pricking the art market bubble?
Briefly

Christie's has a 56-lot evening sale with estimates of £73.4m to £110.7m, but the low guarantees indicate a selective market.
Sotheby's anticipates more guarantees to arrive before its sale, despite currently only having six, and cites a focus on personal preference among consignors.
Phillips' auction features 33 lots and no guarantees, signaling a shift toward realism in pricing and confidence in market performance among consignors.
Katherine Arnold from Christie's points to a more selective market, emphasizing the importance of realistic pricing and the introduction of fresh art into sales.
Read at The Art Newspaper - International art news and events
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