by Annick Colonna-Césari
There is talk of a crisis. But what crisis, precisely? It is true that in 2020, following the pandemic, the global business volume of auctions, estimated at $17 billion by Clare McAndrew’s report , dropped 30% compared with the previous year. In France, losses ranged from 20% to 40%, depending on the auction houses, and were counterbalanced to a certain degree by private sales. In any event, 2021 got off to a roaring start. In January, Drouot recorded… read more
