Telegraph Notes Sotheby’s Aggressive Guarantee Strategies for Upcoming Auctions

February 22nd, 2017

Jean-Michel Basquiat, via TelegraphThe Telegraph has an early preview on the upcoming March auctions this week, noting high expectations for the Impressionist and Modern Sales, while the Contemporary category is likely to see a battle over market share continue with high guarantees and third-party bidders underwriting the proceedings.  Of particular note is the figure that Sotheby’s has guaranteed 43.5 percent of its estimated sales price.

Read more at Telegraph