Art auction sales in New York expected to top $1.4 billion
CNBC Televisionยท2025-11-14 17:15
More than $1.4% billion dollar worth of art coming up for auction next week in the big auction sales. The hope is that next week will finally end three years of decline. And if they reach that sales total, that will be up over 50% last year.The hope is that these rising stock markets, increased wealth creation, and lower interest rates will finally turn the tide and increase demand. Now, on that supply side, one of the big factors this season are some very big collections that are coming up, including two h ...