Opinions & Explainers
Withdrawn Lots: What Removal Before Sale Tells You About Seller Confidence
A withdrawn lot is pulled from auction before bidding starts. Here is what removal signals about seller confidence, guarantees, and market conditions.
A withdrawn lot is pulled from auction before bidding starts. Here is what removal signals about seller confidence, guarantees, and market conditions.
Auction estimates are forecasts, not facts. Here is how presale ranges are set, why half of them miss, and what the direction of those misses signals about the art market.