With the announcement of Sotheby’s and Christie’s summer Impressionist and Modernist sales this month, analysts are noting that both auction houses have featured top lots from the collection of the Nahmad family, showing the family’s trademark approach of purchasing art in great quantity and reselling when the time is right. “It was once said that the Nahmads propped up this market with their buying when times were tough; now they appear to be propping it up with their selling.” Writes The Telegraph’s Colin Gleadell.
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