Collectors flock to Sotheby’s, Christie’s and Phillips each auction season to take their chances bidding on some of the world’s most coveted works, but many equally exciting deals can be found at smaller auction houses around the globe. From historic to newly established... More
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TODAY'S FEATURED VIDEO
Los Angeles Modern Auctions’ Director of Modern Design & Fine Art, Peter Loughrey joins CCTV to discuss the shifting demand of art to China. Loughrey explains the new reach of auction houses, which were introduced to the growing wealthy classes in Chinese cities like Shanghai only in the past 20 years. Loughrey also discusses how the demand for art by a particular country can heavily influence an auction house, just as Sotheby’s has become associated with the American market despite its British origin. More about LAMA