Art Market & Auctions — 2026-07-07
London's Classics Week auctions revealed a sharply bifurcated Old Masters market, with Sotheby's posting $50.2 million in solid sales while highlighting selective buyer demand: only top-tier works commanded premiums, while lesser pieces struggled to meet low estimates or failed to sell. Sotheby's also announced a partnership with the Virgil Abloh Foundation to auction rare prints for university scholarships—signaling renewed institutional philanthropy in the art world.
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