NYSE:BID 21 June 2025 - 20 June 2026

Market Size and Sales: The global art market has shown resilience but is navigating a downturn in value. In 2024, total art and antiques sales were estimated at $57.5 billion, a 12% decline year-on-year artsy.net. This marked the second consecutive annual drop artsy.net. Despite lower sales value, transaction volumes have actually risen – the number of artworks changing hands grew by 3% in 2024 to roughly 40.5 million transactions artsy.net. This indicates robust activity at lower price points even as the high end of the market cooled. Notably, works priced under $50,000 now make up the vast majority of transactions artsy.net, reflecting a broad base of buyers driving the market’s dynamism.