Pi-eX's Blog

Undoubtedly, this year’s art market downturn is unique. Caused by the shutdown of auction houses in March 2020, the crisis led to a rapid and unprecedented switch to online and live-streamed sales. Wh … read more

The Geneva Spring auctions at Christie's, Sotheby's and Phillips have historically been focused on jewels, watches and wine.  This year was not exception despite the main May Live auctions being … read more

Pi-eX's latest 12 month rolling report issued end of May 2020 shows that combined revenue at Christie's, Sotheby's and Phillips public auctions over the past 12 months was 41% less than the reven … read more

While March 2020 will most likely be remembered as the month when Covid-19 started to seriously impact the auction business, it should also be remembered as the first month when combined Online sales … read more

With 15 auctions cancelled or postponed at Christie's, Sotheby's and Phillips in March 2020, more than 2,200 lots catalogued for these sales could not be auctioned in live auctions.  What happene … read more