Spring 2024 auctions: The worst financial performance of the century 6 October 2024
According to a report published by two art market analysts, the spring 2024 auctions have had the worst financial performance of the current century. This season has seen a decline in prices and demand at auctions such as Christie’s, Sotheby’s, and Phillips. Analyses indicate that this downturn is a result of global economic factors and shifts in buyer preferences, which could...