The Easel

The Three Key Moments This Year That Changed the Art Market

Covid19 has forced big changes on the art market in 2020. It has “turbo-charged” online auction sales, which are now nearly four times greater than a year earlier. Sotheby’s boasts that discarding traditional marquee sales in favour of small, highly produced online auctions has been especially successful. Apparently, more is to come. “These adjustments are only the infancy of what we will come to know as the new face of the market.”