The value of art sold at auctions globally fell by a third last year compared to 2023, with the Chinese market crashing by 63 percent, auction data published on Monday showed.The overall number of auction sales increased last year — up five percent to 800,000, according to Artprice figures — with activity at the lower end of the market for works at $50,000 or under showing robust health.Read More
Global art market slumps as Chinese auction sales plummet: data
