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There Were More Contemporary Art Transactions in 2024-But Far Fewer Lots Sold for Above $1 M.In the 2023–24 financial year, as global art sales returned to pre-pandemic levels, there were fewer auction records but far more lower-priced transactions, according to a new report ...
The contemporary art market is bouncing back, but big-money sales are slowing down. According to Artprice’s latest report, more people are buying affordable pieces, while expensive artworks are ...
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