Sotheby’s May 21 sale of 55 Old Master works from the Saunders collection brought in $64.7 million, far below the $80-$120 million estimate. With nearly half the lots unsold and all works backed by guarantees,…
Even after a topline slowdown, healthy deal volume and a rush of new buyers keep the market’s engine humming.
Damien Hirst just mapped out 200 years of posthumous art releases, turning his legacy into a factory for future masterpieces. The strategy could upend long-held assumptions about scarcity and value in the art market; read the full story to see how.
Women claim a record share of gallery programs and collector spend. Museums racing to fill gaps lift prices for overlooked female modernists.
Works priced $100,000–$1 m hold firm as trophy lots falter. Millennials and Gen Z drive demand through transparent, hybrid sales.