Legendary Auctioneer Jussi Pylkkänen on How to Decode Auction Numbers
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The art market is in a period of transition. 2024 was a difficult year for auction houses, followed by a slow but sure recovery in 2025. Collectors with works to sell have gradually begun to readjust their expectations, but the auction houses are under pressure to deliver results. As a consequence, all buyers at auction need to think smartly about the value of the works being sold at auction and carefully review sources such as estimates quoted by auction houses. Here, I share some notes to keep
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