Paris Steps Into New Role in International Art Market

December 29th, 2013

A number of deals and arrangements made this month have signaled that the centuries-old artistic bastion of Paris may have begun its rise to the highest levels of the international art market.  A classic Modigliani has sold for over €6.5 million, the highest price paid for a painting in France this year, and comes alongside news of a record €44 million tally for sales in France by Sotheby’s in 2013, while Christie’s showed similar success and a €56 million sales total for the year.

Read more at Forbes