Comments on: New Trends at Auction https://artbusinessnews.com/2015/10/new-trends-at-auction/ The art industry's news leader since 1977 Sun, 22 Nov 2015 01:25:53 +0000 hourly 1 By: Lewis J. Baer https://artbusinessnews.com/2015/10/new-trends-at-auction/#comment-1080 Sun, 22 Nov 2015 01:25:53 +0000 https://artbusinessnews.com/?p=9210#comment-1080 The state of the auction world since the conviction of the Sotheby’s/Christie’s duopoly has only resulted in more deception and manipulation in their practices. Their competition has bred more sophisticated methods than just “chandelier biding”.

Secret reserves and irrevocable bidding stain and deform the auction process. They have managed to inflate the mentality of 20th Century and earlier at the expense of every other style and period. Putting all their eggs in this basket doesn’t leave much room for error.

]]>