In 2024, global art and antiques sales reached $57.5 billion, down 12% year-on-year, while transaction volume rose 3% to about 40.5 million transactions and roughly 85% of dealer sales were for works under $50,000. Two leading houses Sotheby’s and Christie’s together accounted for about 49% of global fine-art auction turnover in 2023 (roughly $7.3B of…
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