Paintings stay probably the most sought-after, adopted by sculptures and works on paper. However, there’s a decrease in collectors planning to sell their works, dropping from 39% in 2022 to 26% in 2024, as many anticipate a rise in the worth of their artists’ work. The event featured works obtainable for $200; many offered out earlier than the sale ended.

Today, Citi has a deep bench of skilled advisers, and makes loans from $5 million into the tons of of millions towards art with a minimum worth of $200,000 per work. A 2021 report from Deloitte indicated that almost $1.5 …