Amedeo Modigliani, Nu couche (sur le cote gauche), 1917
Published in Spear's Magazine, 20 August 2018
A disappointing half-year at the auction house signals to the intensity of competition at the top, particularly with its biggest rival.
Sotheby’s announced their half-year results last week, curiously reporting a 23 per cent rise in consolidated sales alongside a 26 per cent dip in net income compared with 2017. While it might not signal trouble for the world’s second largest auction house, it does reveal the state of 2018's auction market.
