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.
When an art dealer spent $15,000 (€12,350) on a bundle of unseen art held in a New Jersey storage locker, he never expected to find potential multi-million dollar works by the likes of abstract master Willem de Kooning.
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.
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