Art Basel Miami 2024 News Article

Art Basel Miami 2024 News Article. The work sold for $120,000 at art basel miami beach in 2019. Auction sales in the first six months at christie's, sotheby's, phillips and bonhams fell 26% from 2023 and 36% from the market peak in 2021.


Art Basel Miami 2024 News Article

Auction sales in the first six months at christie’s, sotheby’s, phillips and bonhams fell 26% from 2023 and 36% from the market peak in 2021. The art market’s prolonged contraction combined with geopolitical events and a general sense of market fatigue to contribute, many participants said, to an opening day unlike any in recent memory.

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