Within the Artwork Global, Is $one hundred Million the New $10 Million?

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What’s the going price for a masterpiece? As Sotheby’s, Christie’s and Phillips kick off every week of spring auctions Monday, the marketplace for trophy artwork is in flux.

The ancient sale of a $450 million Leonardo da Vinci portray final fall keeps to shake up artwork values on the market’s top finish, as auctioneers are seeking for to regulate creditors’ expectancies and recalibrate worth ranges for dozens of alternative blue-chip artists.

Till…

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