Art world’s new normal
Covid-19 has led to a different approach to auctions, writes Mary Corrigall
Art might not be considered an "essential" item in the context of a global pandemic and lockdown. Yet the art auction market and sale of high-priced artworks has, surprisingly, continued.
Ordinarily it would be cause for concern that few expensive artworks are exceeding the maximum estimates assigned by the auction house. But in tough trading times such as these it has been comforting to note that works around the R10m mark are still finding buyers...