The Art Market Is Plunging And Sotheby’s Is Scrambling



Screenshot 26 9 2024 102628 www.wsj .com

Sotheby’s had been riding a rollicking art market wave in recent years, bringing in at least $7 billion in sales annually and setting record-level prices. Now, amid signs cash is running low, it is pushing off payments to its art shippers and conservators by as much as six months. – The Wall Street Journal



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