London's art market sees record $560M auction week but post-Brexit challenges remain
By
Margaret Carrigan News Editor
Summary
London's art market showed signs of recovery during auction week, with Sotheby's smashing records by selling over half a billion dollars' worth of art across its Lewis Collection sale and modern and contemporary evening auction. However, despite this impressive single-night performance, the article notes that a decade of post-Brexit drift and market challenges cannot be erased in one evening, suggesting cautious optimism rather than full recovery for London's art market.
Source
Twitter / XLondon's art market sees record $560M auction week but post-Brexit challenges remainnews.artnet.comKey quotes
· 3 pulledThings are heating up in London!
records were smashed at Sotheby's on Wednesday night, when more than half a billion dollars' worth of art sold
a decade of post-Brexit drift isn't erased in a single night
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