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$175 Million California Car Auctions Offer a Test Drive of the Art Market

Posted on | August 28, 2010 | Comments Off

$175 Million California Car Auctions Offer a Test Drive of the Art Market
For anyone looking to gauge the art market’s health as September approaches, California’s recent near-$175 million series of high-profile classic car auctions in Monterey and Pebble Beach provided a possible indicator, echoing trends in this year’s New York and London fine-art sales as buyers pursued rarity and provenance. The two fields also shared similar bidder demographics, with the latest …

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