How has the pandemic affected the value of art?
Auction Sales Analysis: Spring/Summer 2020
Authored by: Jamie LaFleur, Michael Mackail, and Kelly Wright
ARTBnk is the first and only completely objective, data-driven art valuation service. With so much hyperbole about up / down liquidity of late and many requests for a reality check, we’ve prepared an in-depth look at the pandemic and its effect on the auction markets.
By reviewing 22 Evening and Day Sales occurring between June 29th – July 30th 2020 at Sotheby’s, Christie’s and Phillips we answer the question everyone is asking: how has the pandemic affected the value ofart.