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href="/2024/11/21/luxury-buyers-are-changing-art-we-know-it"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/eba2998306f04ed30b7d879f5bb57654be8b4fae-2249x1500.jpg?rect=125,0,2000,1500&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/eba2998306f04ed30b7d879f5bb57654be8b4fae-2249x1500.jpg?rect=125,0,2000,1500&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/eba2998306f04ed30b7d879f5bb57654be8b4fae-2249x1500.jpg?rect=125,0,2000,1500&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/11/21/luxury-buyers-are-changing-art-we-know-it" href="/2024/11/21/luxury-buyers-are-changing-art-we-know-it"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">How luxury buyers are changing art as we know it</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The trade is increasingly reliant on an ultra-wealthy international clientele that lives what may be termed a ‘luxury lifestyle’</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/11/12/high-street-art-galleries-achieving-serious-sales-success" 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href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/11/12/high-street-art-galleries-achieving-serious-sales-success" href="/2024/11/12/high-street-art-galleries-achieving-serious-sales-success"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">How ‘high street’ art galleries are achieving serious sales success</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">They might not be hailed by the critics, but the likes of Opera and Halcyon are forging ahead</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/10/11/luxury-goods-art-market-salvation" 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50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/10/11/luxury-goods-art-market-salvation" href="/2024/10/11/luxury-goods-art-market-salvation"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">What if luxury is art sellers’ salvation, and not their sin</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">New moves by Gagosian, Sotheby’s and others aim to boost the art trade via high-end retail</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" 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market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/09/02/global-turmoil-and-rising-taxes-tilt-art-trade-towards-new-era" href="/2024/09/02/global-turmoil-and-rising-taxes-tilt-art-trade-towards-new-era"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Global turmoil and rising taxes tilt art trade towards new era</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Increasingly unsettled elites are making a struggling market even less predictable</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/07/22/as-collectors-tastes-for-ornate-interiors-ebbs-challenges-to-the-trade-rise" href="/2024/07/22/as-collectors-tastes-for-ornate-interiors-ebbs-challenges-to-the-trade-rise"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/d05d2049aeb29fbd86bac0ec6c15c5e100b193eb-2738x1825.jpg?rect=152,0,2433,1825&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/d05d2049aeb29fbd86bac0ec6c15c5e100b193eb-2738x1825.jpg?rect=152,0,2433,1825&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/d05d2049aeb29fbd86bac0ec6c15c5e100b193eb-2738x1825.jpg?rect=152,0,2433,1825&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; 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width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/07/22/as-collectors-tastes-for-ornate-interiors-ebbs-challenges-to-the-trade-rise" href="/2024/07/22/as-collectors-tastes-for-ornate-interiors-ebbs-challenges-to-the-trade-rise"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">As collectors’ tastes for ornate interiors ebbs, challenges to the trade rise</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The popularity of the ‘less is more’ look is putting art and antiques dealers under pressure</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" 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href=&#x27;data:image/png;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/auctions">Auctions</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">news</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/07/04/muted-old-master-evening-sales-in-london-provided-plenty-of-bargains-but-few-fireworks" href="/2024/07/04/muted-old-master-evening-sales-in-london-provided-plenty-of-bargains-but-few-fireworks"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Muted Old Master evening sales in London provide relative bargains but no fireworks</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Slim auctions at Christie&#x27;s and Sotheby&#x27;s saw a rediscovered Quentin Metsys and a modestly priced Botticelli come to the block</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/06/10/does-the-de-la-cruz-collection-sale-mark-the-end-of-an-era" href="/2024/06/10/does-the-de-la-cruz-collection-sale-mark-the-end-of-an-era"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/da54a7e13845e1efac2539a3407530a116bb0ed4-1248x864.jpg?rect=48,0,1152,864&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/da54a7e13845e1efac2539a3407530a116bb0ed4-1248x864.jpg?rect=48,0,1152,864&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/da54a7e13845e1efac2539a3407530a116bb0ed4-1248x864.jpg?rect=48,0,1152,864&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/06/10/does-the-de-la-cruz-collection-sale-mark-the-end-of-an-era" href="/2024/06/10/does-the-de-la-cruz-collection-sale-mark-the-end-of-an-era"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Does the De la Cruz collection sale mark the end of an era?</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Reduced value, mixed results dent idea of contemporary art as investable asset</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/05/03/have-artist-run-shows-lost-their-market-making-power" href="/2024/05/03/have-artist-run-shows-lost-their-market-making-power"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/fc6955f88565c12879a81a91c4c4b2b262142610-1240x827.jpg?rect=69,0,1103,827&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/fc6955f88565c12879a81a91c4c4b2b262142610-1240x827.jpg?rect=69,0,1103,827&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/fc6955f88565c12879a81a91c4c4b2b262142610-1240x827.jpg?rect=69,0,1103,827&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,/9j/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj/wAARCAANABQDASIAAhEBAxEB/8QAFwABAQEBAAAAAAAAAAAAAAAABgAEBf/EACEQAAICAQMFAQAAAAAAAAAAAAECAAMEERIxBQYTIVFB/8QAFgEBAQEAAAAAAAAAAAAAAAAABQMH/8QAGxEAAQUBAQAAAAAAAAAAAAAAAQACAwQRMlH/2gAMAwEAAhEDEQA/ABWCm+suttSkchjoROpTn9PzGKYOZTqiDyBm4b9hS9ttLNpwDCvbFzHqV/xvcLbGHMJ8Wg2bckViJgPWp5lXDzvsYOoPpvspi3SkcSokIGav/9k=&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/05/03/have-artist-run-shows-lost-their-market-making-power" href="/2024/05/03/have-artist-run-shows-lost-their-market-making-power"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Have artist-run shows lost their market-making power?</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The current focus on biennials obscures a past when artists reset the agenda</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/04/03/sothebys-new-fee-structure-a-highwire-act-of-risk-and-reward" href="/2024/04/03/sothebys-new-fee-structure-a-highwire-act-of-risk-and-reward"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/8b8779ee0184920eae4bc6856c45d5f2042b0f5b-1975x1322.jpg?rect=106,0,1763,1322&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/8b8779ee0184920eae4bc6856c45d5f2042b0f5b-1975x1322.jpg?rect=106,0,1763,1322&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/8b8779ee0184920eae4bc6856c45d5f2042b0f5b-1975x1322.jpg?rect=106,0,1763,1322&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/04/03/sothebys-new-fee-structure-a-highwire-act-of-risk-and-reward" href="/2024/04/03/sothebys-new-fee-structure-a-highwire-act-of-risk-and-reward"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Sotheby’s new fee structure is a highwire act of risk and reward</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Auction house’s bold changes that favour buyers could bolster profits—or they could backfire</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/03/19/is-the-art-trade-choosing-to-ignore-a-wider-world-in-crisis" href="/2024/03/19/is-the-art-trade-choosing-to-ignore-a-wider-world-in-crisis"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/a04325a1f87113ed920bde67c78c714218174bd3-1920x1280.jpg?rect=107,0,1707,1280&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/a04325a1f87113ed920bde67c78c714218174bd3-1920x1280.jpg?rect=107,0,1707,1280&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/a04325a1f87113ed920bde67c78c714218174bd3-1920x1280.jpg?rect=107,0,1707,1280&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,/9j/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj/wAARCAANABQDASIAAhEBAxEB/8QAGAAAAwEBAAAAAAAAAAAAAAAAAAUHAwb/xAAiEAABAwQBBQEAAAAAAAAAAAABAgMEAAUREgYTFSExQVH/xAAVAQEBAAAAAAAAAAAAAAAAAAAEBf/EAB0RAAEFAAMBAAAAAAAAAAAAAAEAAgMREgQTMdH/2gAMAwEAAhEDEQA/AIRxfiIvMJL6ZrSHNsFo+wP2uquXGYUyNBjWuVHC2V6rCzgqI9mptFu82KSY7xbynU6+PFZdwlb7dZW2Sc5+mgyQTPfrdAeKpFy+PHFjrsn0/E15W1Bj3p5qHlTaMAqByCfuKKRKcUokk5JopbGZaASp8km3F1Va/9k=&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/03/19/is-the-art-trade-choosing-to-ignore-a-wider-world-in-crisis" href="/2024/03/19/is-the-art-trade-choosing-to-ignore-a-wider-world-in-crisis"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Is the art trade choosing to ignore a wider world in crisis?</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Amid threats to freedom, career moves and censorship become hard to tell apart</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/03/07/maastrichts-historic-tefaf-fair-bets-on-new-attractions" href="/2024/03/07/maastrichts-historic-tefaf-fair-bets-on-new-attractions"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/654f83d3d73a0e9dc446bdc55c492c9d5d4c7499-1364x1592.jpg?rect=0,284,1364,1023&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/654f83d3d73a0e9dc446bdc55c492c9d5d4c7499-1364x1592.jpg?rect=0,284,1364,1023&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/654f83d3d73a0e9dc446bdc55c492c9d5d4c7499-1364x1592.jpg?rect=0,284,1364,1023&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/tefaf-maastricht">Tefaf Maastricht</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">feature</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/03/07/maastrichts-historic-tefaf-fair-bets-on-new-attractions" href="/2024/03/07/maastrichts-historic-tefaf-fair-bets-on-new-attractions"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Maastricht’s historic Tefaf fair bets on new attractions</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">With contemporary works, fresh initiatives and a shorter runtime, Tefaf hopes to extend its appeal while keeping its special magic alive</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/02/07/will-the-art-market-rebound-that-might-not-be-the-right-question" href="/2024/02/07/will-the-art-market-rebound-that-might-not-be-the-right-question"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/87f7fae09562b94f84e8f5313ec11559abb59bdb-1860x1242.jpg?rect=102,0,1656,1242&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/87f7fae09562b94f84e8f5313ec11559abb59bdb-1860x1242.jpg?rect=102,0,1656,1242&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/87f7fae09562b94f84e8f5313ec11559abb59bdb-1860x1242.jpg?rect=102,0,1656,1242&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/02/07/will-the-art-market-rebound-that-might-not-be-the-right-question" href="/2024/02/07/will-the-art-market-rebound-that-might-not-be-the-right-question"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Will the art market rebound? That might not be the right question</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">A resurgence in top-end spending would only reprise the recent status quo</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2024/01/22/the-old-master-trade-is-still-seeking-new-ways-to-restore-it-to-life" href="/2024/01/22/the-old-master-trade-is-still-seeking-new-ways-to-restore-it-to-life"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/f65e9628d68aa0781502a59f64280c937d5f0770-1199x1600.jpg?rect=0,158,1199,899&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/f65e9628d68aa0781502a59f64280c937d5f0770-1199x1600.jpg?rect=0,158,1199,899&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/f65e9628d68aa0781502a59f64280c937d5f0770-1199x1600.jpg?rect=0,158,1199,899&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2024/01/22/the-old-master-trade-is-still-seeking-new-ways-to-restore-it-to-life" href="/2024/01/22/the-old-master-trade-is-still-seeking-new-ways-to-restore-it-to-life"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">The Old Master trade is still seeking new ways to restore it to life</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The category’s extraordinary works sell well, but the middle and lower ends of the market are in need of new ideas</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/12/11/neglected-middle-class-may-be-key-to-growing-stagnant-art-market" href="/2023/12/11/neglected-middle-class-may-be-key-to-growing-stagnant-art-market"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/0cdb1e88ac109035c9910f5796825569b2c41656-2953x2173.jpg?rect=33,0,2897,2173&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/0cdb1e88ac109035c9910f5796825569b2c41656-2953x2173.jpg?rect=33,0,2897,2173&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/0cdb1e88ac109035c9910f5796825569b2c41656-2953x2173.jpg?rect=33,0,2897,2173&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,/9j/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj/wAARCAAPABQDASIAAhEBAxEB/8QAGgAAAQUBAAAAAAAAAAAAAAAAAAEDBAUGB//EACAQAAICAgEFAQAAAAAAAAAAAAECAAMEEQUGEiExMiP/xAAVAQEBAAAAAAAAAAAAAAAAAAADBf/EABkRAQEBAAMAAAAAAAAAAAAAAAEAAgMRMf/aAAwDAQACEQMRAD8A6X071Hj2o1eWjUWp9Kw9TVYuXRkH8mDLrYYHwZCp4PAatlNAHf8ARHsxW4gVXVLihUpUa7YfGaPa1np0mmtkQMoIOwYRypSiBfA1CJEt/9k=&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/12/11/neglected-middle-class-may-be-key-to-growing-stagnant-art-market" href="/2023/12/11/neglected-middle-class-may-be-key-to-growing-stagnant-art-market"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Neglected middle class may be key to growing stagnant art market</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The spotlight tends to fall on big spenders, but what of “professional class” buyers, who often feel intimidated by the art world? </p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/12/08/rediscovered-paintings-by-rembrandt-and-canaletto-fail-to-turbocharge-london-old-master-sales" href="/2023/12/08/rediscovered-paintings-by-rembrandt-and-canaletto-fail-to-turbocharge-london-old-master-sales"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/defa029395174e1029ea72b4407ca39d0b65c7c4-4494x2761.jpg?rect=406,0,3681,2761&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/defa029395174e1029ea72b4407ca39d0b65c7c4-4494x2761.jpg?rect=406,0,3681,2761&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/defa029395174e1029ea72b4407ca39d0b65c7c4-4494x2761.jpg?rect=406,0,3681,2761&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/auctions">Auctions</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/12/08/rediscovered-paintings-by-rembrandt-and-canaletto-fail-to-turbocharge-london-old-master-sales" href="/2023/12/08/rediscovered-paintings-by-rembrandt-and-canaletto-fail-to-turbocharge-london-old-master-sales"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Rediscovered paintings by Rembrandt and Canaletto fail to turbocharge London Old Master auctions</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Evening sales at Sotheby&#x27;s and Christie&#x27;s drew in £19.4m and £21.3m, respectively </p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/11/06/what-makes-a-masterpiece-it-depends-who-is-selling" href="/2023/11/06/what-makes-a-masterpiece-it-depends-who-is-selling"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/8121be2bb8ba69f4965f85fc347a68ea1abdb17e-2000x1333.jpg?rect=111,0,1777,1333&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/8121be2bb8ba69f4965f85fc347a68ea1abdb17e-2000x1333.jpg?rect=111,0,1777,1333&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/8121be2bb8ba69f4965f85fc347a68ea1abdb17e-2000x1333.jpg?rect=111,0,1777,1333&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/11/06/what-makes-a-masterpiece-it-depends-who-is-selling" href="/2023/11/06/what-makes-a-masterpiece-it-depends-who-is-selling"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">What makes a masterpiece? It depends who is selling…</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Traditionally reserved for an artist’s greatest works, the term “masterpiece” now appears routinely in auction catalogues, and may just mean a work is good, novel—or expensive</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/10/13/sothebys-freddie-mercury-auction-behind-the-scenes" href="/2023/10/13/sothebys-freddie-mercury-auction-behind-the-scenes"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/335b0de35f2fbf349e9c1a169830eddb8ffc39d4-1642x1092.jpg?rect=93,0,1456,1092&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/335b0de35f2fbf349e9c1a169830eddb8ffc39d4-1642x1092.jpg?rect=93,0,1456,1092&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/335b0de35f2fbf349e9c1a169830eddb8ffc39d4-1642x1092.jpg?rect=93,0,1456,1092&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/10/13/sothebys-freddie-mercury-auction-behind-the-scenes" href="/2023/10/13/sothebys-freddie-mercury-auction-behind-the-scenes"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">The magic behind Sotheby&#x27;s Freddie Mercury sale</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">There was a certain degree of sleight of hand at play by the auction house to achieve 100% of lots sold </p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/10/06/paris-art-market-gaining-on-london-brexit-frieze-art-basel" href="/2023/10/06/paris-art-market-gaining-on-london-brexit-frieze-art-basel"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/5450f70992b7f15bc0b3f6b602a37b4e1ee908fe-1843x1382.jpg?w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/5450f70992b7f15bc0b3f6b602a37b4e1ee908fe-1843x1382.jpg?w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/5450f70992b7f15bc0b3f6b602a37b4e1ee908fe-1843x1382.jpg?w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/10/06/paris-art-market-gaining-on-london-brexit-frieze-art-basel" href="/2023/10/06/paris-art-market-gaining-on-london-brexit-frieze-art-basel"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Mind the (shrinking) gap: Paris gains on leading London</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The debate over Europe’s art capital intensifies as post-Brexit red tape complicates business for UK art sellers and more major galleries set up shop in the French capital</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/09/19/private-sector-uk-government-cuts-art-education-funding" href="/2023/09/19/private-sector-uk-government-cuts-art-education-funding"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/dd317942a2d2afaf911bd04c9d054168db3c6ddd-1931x1288.jpg?rect=107,0,1717,1288&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/dd317942a2d2afaf911bd04c9d054168db3c6ddd-1931x1288.jpg?rect=107,0,1717,1288&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/dd317942a2d2afaf911bd04c9d054168db3c6ddd-1931x1288.jpg?rect=107,0,1717,1288&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/arts-funding">Arts funding</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/09/19/private-sector-uk-government-cuts-art-education-funding" href="/2023/09/19/private-sector-uk-government-cuts-art-education-funding"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Private sector picks up the pieces as UK government cuts art education funding</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">While university arts departments are being dismantled, dealers and auction houses provide learning programmes</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a> and <a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/anny-shaw">Anny Shaw</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/09/08/art-market-bumpy-ride-2023-luxury-brands-consolidation" href="/2023/09/08/art-market-bumpy-ride-2023-luxury-brands-consolidation"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/95bb866f9f955185dc2cb78333f0a221ea2d101b-2480x1653.jpg?rect=138,0,2204,1653&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/95bb866f9f955185dc2cb78333f0a221ea2d101b-2480x1653.jpg?rect=138,0,2204,1653&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/95bb866f9f955185dc2cb78333f0a221ea2d101b-2480x1653.jpg?rect=138,0,2204,1653&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/09/08/art-market-bumpy-ride-2023-luxury-brands-consolidation" href="/2023/09/08/art-market-bumpy-ride-2023-luxury-brands-consolidation"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">The art market is on a bumpy ride in 2023</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Major auction houses have posted steep falls in turnover for the year so far—but some categories, such as luxury goods, are booming</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/07/14/what-goes-around-comes-around-the-art-of-finance" href="/2023/07/14/what-goes-around-comes-around-the-art-of-finance"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/ea00933cc2daf7d807015a18b0b4982e468f65e0-1124x1500.jpg?rect=0,328,1124,843&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/ea00933cc2daf7d807015a18b0b4982e468f65e0-1124x1500.jpg?rect=0,328,1124,843&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/ea00933cc2daf7d807015a18b0b4982e468f65e0-1124x1500.jpg?rect=0,328,1124,843&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/07/14/what-goes-around-comes-around-the-art-of-finance" href="/2023/07/14/what-goes-around-comes-around-the-art-of-finance"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">What goes around comes around: the art of finance</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">As a show at the Monnaie de Paris explores how money and creativity have been intertwined since the early 19th century, Sotheby’s is set to move into the Whitney’s former home</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/07/07/long-lost-canvas-flemish-painter-michael-sweerts-christies-old-master-sale-london" href="/2023/07/07/long-lost-canvas-flemish-painter-michael-sweerts-christies-old-master-sale-london"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/a4acd75d0aced22f01459be3d523fcf7814837f2-2819x2116.jpg?rect=0,0,2819,2114&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/a4acd75d0aced22f01459be3d523fcf7814837f2-2819x2116.jpg?rect=0,0,2819,2114&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/a4acd75d0aced22f01459be3d523fcf7814837f2-2819x2116.jpg?rect=0,0,2819,2114&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/auctions">Auctions</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/07/07/long-lost-canvas-flemish-painter-michael-sweerts-christies-old-master-sale-london" href="/2023/07/07/long-lost-canvas-flemish-painter-michael-sweerts-christies-old-master-sale-london"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Long-lost canvas by Flemish painter Michael Sweerts propels Christie&#x27;s Old Master sale in London to its best result in seven years</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The auction house made £53.9m (with fees) from 38 lots, and saw a new record established for Fra Angelico</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/07/06/sothebys-old-master-sale-london-baroncelli-hogarth" href="/2023/07/06/sothebys-old-master-sale-london-baroncelli-hogarth"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/e178126698ff647883f66e105883c1a7711f70eb-6117x5310.jpg?rect=0,361,6117,4588&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/e178126698ff647883f66e105883c1a7711f70eb-6117x5310.jpg?rect=0,361,6117,4588&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/e178126698ff647883f66e105883c1a7711f70eb-6117x5310.jpg?rect=0,361,6117,4588&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/auctions">Auctions</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/07/06/sothebys-old-master-sale-london-baroncelli-hogarth" href="/2023/07/06/sothebys-old-master-sale-london-baroncelli-hogarth"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Selective buying leaves 35% of lots unsold at Sotheby&#x27;s Old Master sale in London</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The £39.4m auction was led by a 15th-century painting by the Master of the Baroncelli Portraits at £7.9m, while a new record was set for a work by William Hogarth—albeit sold to a single bid</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/06/09/optimistic-art-market-salary-report-gives-only-half-the-story" href="/2023/06/09/optimistic-art-market-salary-report-gives-only-half-the-story"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/7b422b16e7f038d6433f2f7fe35e9c68dd4fe7dc-1949x1300.jpg?rect=108,0,1733,1300&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/7b422b16e7f038d6433f2f7fe35e9c68dd4fe7dc-1949x1300.jpg?rect=108,0,1733,1300&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/7b422b16e7f038d6433f2f7fe35e9c68dd4fe7dc-1949x1300.jpg?rect=108,0,1733,1300&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,/9j/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj/wAARCAANABQDASIAAhEBAxEB/8QAGAAAAgMAAAAAAAAAAAAAAAAAAAUEBgf/xAAgEAACAAcAAwEAAAAAAAAAAAABAgADBAUGESESMVFh/8QAFAEBAAAAAAAAAAAAAAAAAAAABP/EABoRAAIDAQEAAAAAAAAAAAAAAAARAQITBBL/2gAMAwEAAhEDEQA/ANuyDLKOxKVmsGnAAlSda39hZh2dU10qBQvyodmYHexr8hhesdtt9lEV1OC5GvNeNC+34JarZUS5tCZspk9EHsFvHTo4SEUw8KWy4tN7BEJ3IOvkENDH/9k=&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/reality-bites">Reality Bites</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">news</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/06/09/optimistic-art-market-salary-report-gives-only-half-the-story" href="/2023/06/09/optimistic-art-market-salary-report-gives-only-half-the-story"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">&#x27;The prestigious places are the worst&#x27;: low pay still dogs the art industry, despite optimistic salary survey</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The art market salary report offers insights into salaried employment but the impact of low wages—and having children—in a time of rapid inflation are missing</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/anny-shaw">Anny Shaw</a> and <a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 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data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">news</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/06/01/sothebys-whitney-museum-breuer-building-100m-new-york" href="/2023/06/01/sothebys-whitney-museum-breuer-building-100m-new-york"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Sotheby’s will pay $100m for the Whitney Museum’s Marcel Breuer building</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The auction house expects to move into the Madison Avenue building in 2025, vacating its current York Avenue headquarters</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"> <a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/carlie-porterfield">Carlie Porterfield</a>. <!-- -->, with additional reporting by<!-- --> <a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/05/24/dafs-charitable-scheme-is-proving-a-big-hit-with-donors" href="/2023/05/24/dafs-charitable-scheme-is-proving-a-big-hit-with-donors"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/692ac7c666fb6d6666a931a4abde04d117fbd094-2995x2425.jpg?rect=0,89,2995,2246&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/692ac7c666fb6d6666a931a4abde04d117fbd094-2995x2425.jpg?rect=0,89,2995,2246&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/692ac7c666fb6d6666a931a4abde04d117fbd094-2995x2425.jpg?rect=0,89,2995,2246&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/05/24/dafs-charitable-scheme-is-proving-a-big-hit-with-donors" href="/2023/05/24/dafs-charitable-scheme-is-proving-a-big-hit-with-donors"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Wealthy American art collectors capitalise on tax-efficient gift scheme</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Donor Advised Funds allow individuals to claim tax relief while they are still alive through making gifts of art and other assets—without obligation to pay out money to charity straight away</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a> and <a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/anny-shaw">Anny Shaw</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 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class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,/9j/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj/wAARCAANABQDASIAAhEBAxEB/8QAGAAAAwEBAAAAAAAAAAAAAAAAAAUGBAf/xAAgEAABBAIBBQAAAAAAAAAAAAABAAIDBAUSIRQjMlFh/8QAFQEBAQAAAAAAAAAAAAAAAAAAAAL/xAAaEQADAAMBAAAAAAAAAAAAAAAAAQIDERMh/9oADAMBAAIRAxEAPwC1wdeFlZmhIATCSauJunL+45u2vxc8wOYtnHRuL/Icrcb8rZBMOZGt1BPpOdJlLJLQyyNSu604nlCg8pnbguPG6FeqHh//2Q==&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">news</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/05/16/artists-reveal-woeful-pay-for-public-art-work" href="/2023/05/16/artists-reveal-woeful-pay-for-public-art-work"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Artists paid less than £3 an hour for public art commissions, report finds</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The Structurally F–cked survey looked at artists&#x27; pay and conditions, and found a &quot;culture of low fees, unpaid labour, and systemic exploitation&quot; </p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" 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style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/conferences">Conferences</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/05/03/art-for-tomorrow-conference-is-art-a-way-outor-should-it-be-a-way-in" href="/2023/05/03/art-for-tomorrow-conference-is-art-a-way-outor-should-it-be-a-way-in"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Art for Tomorrow conference | What can art do for our democratically depleted, digitally distracted societies?</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The role of art in a time of crisis was the subject of a three-day discussion between leading cultural figures in Florence last week</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" 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loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/04/13/is-art-once-again-becoming-a-lifestyle-choice-rather-than-an-asset" href="/2023/04/13/is-art-once-again-becoming-a-lifestyle-choice-rather-than-an-asset"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">Is art once again becoming a lifestyle choice rather than an asset? </h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">Results from the recent auction season, where young, “red-chip” artists surpassed expectations, while big names of Modern art went unsold, point to a shift in how collectors think</p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div><div class="relative w-full max-w-col-5 before:hidden before:absolute before:top-0 before:left-0 before:w-full before:h-px mb-2xl self-start sm:max-w-col-1 sm:mb-lg sm:last:mb-0"><div class="w-full mb-md"><a class="cursor-pointer" data-tracking-role="front-material-image" data-tracking-value="2023/03/14/what-lies-behind-the-demise-of-british-art-and-antiques-fairs" href="/2023/03/14/what-lies-behind-the-demise-of-british-art-and-antiques-fairs"><div class="overflow-hidden pointer-events-none"><img alt="" srcSet="https://cdn.sanity.io/images/cxgd3urn/production/5388252fb9f1d5ab39112619aa05be8eef2409c5-1860x1240.jpg?rect=103,0,1653,1240&amp;w=256&amp;h=192&amp;fit=crop&amp;auto=format 1x, https://cdn.sanity.io/images/cxgd3urn/production/5388252fb9f1d5ab39112619aa05be8eef2409c5-1860x1240.jpg?rect=103,0,1653,1240&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format 2x" src="https://cdn.sanity.io/images/cxgd3urn/production/5388252fb9f1d5ab39112619aa05be8eef2409c5-1860x1240.jpg?rect=103,0,1653,1240&amp;w=640&amp;h=480&amp;fit=crop&amp;auto=format" width="208" height="156" decoding="async" data-nimg="1" class="transform-gpu transition-transform hover:scale-110 duration-1000 ease-out pointer-events-auto" loading="lazy" style="color:transparent;height:auto;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image/svg+xml;charset=utf-8,%3Csvg xmlns=&#x27;http%3A//www.w3.org/2000/svg&#x27; viewBox=&#x27;0 0 208 156&#x27;%3E%3Cfilter id=&#x27;b&#x27; color-interpolation-filters=&#x27;sRGB&#x27;%3E%3CfeGaussianBlur stdDeviation=&#x27;20&#x27;/%3E%3CfeComponentTransfer%3E%3CfeFuncA type=&#x27;discrete&#x27; tableValues=&#x27;1 1&#x27;/%3E%3C/feComponentTransfer%3E%%3C/filter%3E%3Cimage preserveAspectRatio=&#x27;none&#x27; filter=&#x27;url(%23b)&#x27; x=&#x27;0&#x27; y=&#x27;0&#x27; height=&#x27;100%25&#x27; width=&#x27;100%25&#x27; href=&#x27;data:image/jpeg;base64,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&#x27;/%3E%3C/svg%3E&quot;)"/></div></a></div><div class="mb-sm col-span-2 col-start-1 row-start-2"><div class="text-red-900 font-sans-bold text-sm sm:text-xs leading-tighter tracking-wide select-none"><div class="empty:hidden"><span class="mr-xs"><a class="hover:underline" data-tracking-role="front-topic" href="/keywords/art-market">Art market</a></span><span class="w-2 mr-xs inline-block mb-[-3px]"><svg class="" height="100%" width="100%" fill="currentColor" preserveAspectRatio="xMinYMin meet" viewBox="0 0 8 12" x="0px" y="0px"><g><path d="M1 10.168H1.336L3.88 1H3.556L1 10.168Z"></path><path d="M4.71484 10.168H5.05084L7.59484 1H7.27084L4.71484 10.168Z"></path></g></svg></span><span class="font-sans-regular capitalize">analysis</span></div></div></div><a class="block text-gray-800 hover:text-red-900 transition-colors duration-default cursor-pointer mb-md" data-tracking-role="front-material-headline" data-tracking-value="2023/03/14/what-lies-behind-the-demise-of-british-art-and-antiques-fairs" href="/2023/03/14/what-lies-behind-the-demise-of-british-art-and-antiques-fairs"><h4 class="w-full max-w-col-2-xl font-text-narrow-medium text-xl sm:text-lg leading-tighter tracking-wide">What lies behind the demise of British art and antiques fairs?</h4></a><div class="w-full max-w-col-2-xl last:mb-0 mb-base md:mb-lg col-span-2 col-start-1 row-start-4"><div class="w-full max-w-col-2-xl empty:hidden last:mb-0 mb-base"><p class="font-sans-regular text-base sm:text-sm leading-snug text-gray-700 w-full max-w-col-2-xl">The problematic trend could reflect a wider international problem for the art market </p></div><div class="leading-none mb-sm last:mb-0"><span class="text-gray-700 font-sans-regular text-sm sm:text-xs leading-tight whitespace-nowrap"><span class="whitespace-normal"><a class="font-sans-bold shadow-link transition-all duration-default hover:shadow-internalLink hover:text-red-900" data-tracking-role="front-byline-author" href="/authors/scott-reyburn">Scott Reyburn</a></span></span></div></div></div></div><div class="mt-4xl"><div class="pt-base flex items-baseline justify-end border-t border-gray-300"><a class="text-base leading-normal ltr:ml-sm rtl:mr-sm ltr:first:ml-0 rtl:first:mr-0 px-sm rounded-sm cursor-pointer transition-colors duration-default hover:bg-gray-100 font-sans-bold text-white bg-gray-800 cursor-default hover:bg-gray-800" href="/authors/scott-reyburn?page=1"><span class="mt-[2px] block">1</span></a><a class="text-base leading-normal ltr:ml-sm rtl:mr-sm ltr:first:ml-0 rtl:first:mr-0 px-sm rounded-sm cursor-pointer transition-colors duration-default hover:bg-gray-100 font-sans-regular" href="/authors/scott-reyburn?page=2"><span class="mt-[2px] block">2</span></a><a class="text-base leading-normal ltr:ml-sm rtl:mr-sm ltr:first:ml-0 rtl:first:mr-0 px-sm rounded-sm cursor-pointer transition-colors duration-default hover:bg-gray-100 font-sans-regular" href="/authors/scott-reyburn?page=3"><span class="mt-[2px] block">3</span></a></div></div></div></div></main></div><div class="print-hidden"><div style="height:auto"><div class="ad-container" id="bottom" style="min-height:170px"></div></div><footer class="text-red-900 w-full mt-5xl bg-gray-50"><div class="container"><div><div class="pt-2xl sm:flex gap-gutter xl:gap-gutter-xl sm:justify-between"><div class="w-full max-w-col-2 xl:max-w-col-2-xl mb-xl sm:mb-0"><div class="font-sans-light text-lg 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