Christie’s 20th/21st century sale in London pulled in an underwhelming $81 million, signaling a market correction:
20th/21st Century London Evening Sale at Christies, London, June 28, 2023. Courtesy Christie's.
“It shows that the market participants are much more cautious and careful,” London-based art advisor Olga Ovenden told Artnet News. “There are still some stars—Caroline Walker and Louis Fratino—but other young artists who were ‘hot’ just recently did not manage to sell.”
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