How virtual auctions are driving record art sales amid the pandemic
CGTN Europe • 2m 50s
It's said the art market experiences a crisis every 10 years.
You might imagine the pandemic has been the most demanding crisis yet, as it grounds planes, closes art galleries and drains the wallets of millions of people around the world.
However, the European president of the esteemed auction house Christie's says sales are continuing to soar and sales are "breaking records weekly."
Dirk Boll told CGTN Europe that unlike in other financial crises, people have still been putting their hands in their pockets during the pandemic, and it's "left the money in the hands of private clients."
📲 Follow CGTN Europe on social media and other platforms👇🏼
https://stories.cgtneurope.tv/follow-cgtn-europe/index.html
Up Next in CGTN Europe
-
France to tighten COVID-19 controls a...
After introducing a new partial lockdown, French police will increase checks on travelers to ensure they don’t flout new rules on travel between areas with high numbers of cases 🇫🇷 🚙
Read more👇
https://newseu.cgtn.com/news/2021-03-27/France-to-tighten-COVID-19-controls-at-stations-airports-and-o... -
UK foreign students call for fees refund
An online petition has been set up in the UK by international students who want the government to refund some of their tuition fees.
The petition, which has already received more 32,000 signatures, says “lockdowns have had a massive impact on quality of teaching and student experience”. It's cal...
-
German cities likely to lose $600m in...
On the banks of the Rhine river in northeastern Germany, Monheim-am-Rhein has a small-town feel with the deep pockets of a big city. The town of 43,000 is full of quaint alleyways and small shops. Neighbors tend to greet each other by name.
But the charm is only half of the appeal. Midway betwe...
