26 February 2026
What Would Happen to Auction Houses If Luxury Sales Outstrip Art Sales?
Since I started reporting on the convergence of the art and luxury markets last year, I've been asking people in the auction game a simple, rational question: What happens if luxury sales overtake art at Christie's, Sotheby's, and Phillips? The answer tends to be an emphatic: No, that would never happen. Art is and always will be the houses' bread and butter, I'm usually told.
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