Does the De la Cruz collection sale mark the end of an era?The international art market in May was lackluster due to a short supply of prestigious single-owner collections, raising concerns about contemporary art investments.
Auction houses expect this month's New York sales to bring in as much as $1.6bnNew York auction houses expect $1.2bn to $1.6bn from autumn sales, indicating a softening art market.
Does the De la Cruz collection sale mark the end of an era?The international art market in May was lackluster due to a short supply of prestigious single-owner collections, raising concerns about contemporary art investments.
Auction houses expect this month's New York sales to bring in as much as $1.6bnNew York auction houses expect $1.2bn to $1.6bn from autumn sales, indicating a softening art market.