2020

High Values for the Cherished Tiffany Table Lamp Reflects Growth in Online Art Auctions

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The global economy, depending on whom you talk to, is either in a recession or about to enter a recession. The art market is nonplussed. A number of recent auction values have well surpassed estimates. That was not the case during the last global recession in 2008–2009 when the value of art auctions plummeted. But since then, the profile of art buyers and how they buy has changed. With galleries and museums closed, more buyers are flocking to online auctions.…

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