fromThe Art Newspaper - International art news and events
1 week agoPicasso or Bitcoin? How art's status is changing among the super-rich
Christie's raised a projected $2.1bn in the first half of 2025-pretty much the same as last year. Sales in the 20th- and 21st-century art category were down 2%, but luxury, significantly, was up 29%. The headline numbers were almost identical at Sotheby's, whose first-half sales raised $2.2bn, just slightly down on the $2.3bn in the equivalent period last year.
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