A Peek Behind the Curtain at Auction Houses
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Curious about what's been going on with the art market? Auction results in the first half of 2023 paint a picture of a market undergoing a correction of some kind, but all may not be as it seems in the secretive world of auctions. In this midyear review episode ...
Last month, Andy Warhol's "Shot Sage Blue Marilyn" sold for $195mn, making it the second most expensive piece of art to sell at auction, ever. And as prices keep going up, the art market — auction houses, gallerists, dealers, collectors — want to keep it that way. On the heels ...