What New York’s $2.5 Billion Auction Week Means for the Market
Artnet News’s “Art Market Minute,” hosted by Margaret Carrigan with Sonia Manalili, reviews New York’s marquee spring auction week, which totaled about $2.5 billion. The episode reports that major auction houses posted dramatic gains compared with last spring, driven by trophy works, major collections, and renewed high-end collector spending. It frames the results as a bellwether for what may come next in the art market.
From This Briefing
This story was covered in Auction Fever, Art’s Lost-and-Found Reckoning