2022 was a record year at the highest levels of the art market in terms of collections entering the market, expensive paintings and auction house sales.
However, some experts say the sell-off at the end of the market is starting to cool as fears of a US recession grow.
The most expensive work of art to sell at auction this year was Andy Warhol’s $195 million portrait of Marilyn Monroe, titled “Sage Blue Marilyn Shot,” sold in May to famed art dealer Larry Gagosian, of who works on behalf of billionaire collectors, although it remains unclear whether. . .
To read full NEWS and much more, Subscribe to our Premium Membership Plan. Already subscribed? Login Here
