The ‘most expensive in the world’ collection to liven up auction in New York

New York (AFP) – The exceptional Macklowe collection, reputed to be the most expensive in the world to market, will liven up the fall auctions in New York, which return to physical sales this week and hungry buyers after the pandemic.

At Christie’s or Sotheby’s, we advance the same speech: the art market is doing very well.

With a total of estimates of more than a billion dollars in a week of sales, from November 15, “we reach our most important season since 2015”, a record year, underlines the president of the department of fine arts at Sotheby’s, Brooke Lampley.

“During the pandemic, demand remained strong among buyers, but they no longer saw the level of supply to which they were used,” she told AFP.

According to experts, the global health crisis has not reduced the great fortunes, nor quenched the appetite of buyers, who are increasingly found in Asia, and who are increasingly young.

For the first half of 2021, where it saw its sales increase by 13% compared to 2019, Christie’s noted that 30% of its buyers were “new customers”, and among them 31% of “millennials” (“millennials” )…. Read the Full Article | https://www.world-today-news.com/the-most-expensive-in-the-world-collection-to-liven-up-auction-in-new-york/

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Larry Harb

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