Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration
On the cusp of 2026, optimism is returning to the art world, tempered by a growing recognition that its next chapter will demand structural reinvention.
Louise Riggio
News About Louise Riggio
How Third-Party Guarantees Are Quietly (But Significantly) Rewriting the Rules of the Art Auction
The adrenaline once tied to the unpredictability of a straight consignment has been displaced by the measured calm of a choreographed performance.
Despite Quiet Bidding, Christie’s Evening Sales Brought in $489M
The big three auction houses are playing it safer and smarter, leaning on strategy and heavy guarantees to offset risk and keep the spectacle alive.
