Auction houses like Sotheby's and Christie's are letting customers make bids online. Platforms like Artsy or Artnet are online only. How digitalization is changing the art world.
A painting by Italian artist Amedeo Modigliani has become the most valuable work ever sold at Sotheby's. Sales have spiked in recent months as private buyers and new galleries enhance their collections.
The Italian painter's recently discovered portrait of Christ, "Salvator Mundi," has sold for a record-breaking $450.3 million (€382 million). The artwork, which went missing for several years, was once traded for $60.
The recent Neymar football transfer was emblematic of the obscene games of the ultra-rich. With the record auction of Leonardo da Vinci's "Salvator Mundi," the art world now has its own symbol, says Torsten Landsberg.
Once the face of Formula One, Michael Schumacher drove the F2001 to victory in the 2001 Monaco Grand Prix. At auction, his iconic racing car has set a new record.
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