How New York, London, Paris, and Hong Kong Competed in Major Auctions
The global art market is undergoing changes, and cities like New York, London, Paris, and Hong Kong have evolved as as major hubs for high-profile auctions over the past decade. These transformations are driven by economic, political, technological, and cultural factors, leading to the development of new approaches in art sales. Considering the impact of the COVID-19 pandemic and the competition among these cities, Paris and Hong Kong are increasing their market share, while New York continues to hold the leading position.
24 September 2024
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How New York, London, Paris, and Hong Kong Competed in Major Auctions 24 September 2024
The global art market is undergoing changes, and cities like New York, London, Paris, and Hong Kong have evolved as as major hubs for high-profile auctions over the past decade. These transformations are driven by economic, political, technological, and cultural factors, leading to the development of new approaches in art sales. Considering the impact of the COVID-19 pandemic and th...
Report: Modern and contemporary Middle East auction (including Nile treasures) 24 May 2022
"Modern and contemporary auction of the Middle East, including Nile treasures" was held at Bonams auction house on 3 Khordad 1401 (24 May 2022). 43 artists from Lebanon, Morocco, Egypt, Sudan, Iraq, Palestine, Algeria, Palestine, Syria and Iran participated in this event and a total of 73 works of art were sold in this auction.