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Michael's Blog
Sotheby’s ‘middle market’

The Antiques Trade Gazette is reporting that Sotheby’s plans to expand to include the so-called middle market in an effort to repair its wobbly income statement. For those of you who don’t know, within our ambit, the middle market would be antiques and artwork with a value of about $5,000 to about $50,000. Or, put another way, the typical stock in trade of most members of the accredited trade in art and antiques. Sotheby’s has for many years eschewed smaller consignments, preferring to focus on individual items or collections with …

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