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London art market rides out Brexit
Buyers from Asia and US take advantage of the falling pound to set records for many artists
Published Fri, Jul 1, 2016 · 09:50 PM
New York
LONDON'S art market was whipsawed like the financial world during the two weeks of auctions surrounding Britain's historic vote to leave the European Union.
Uncertainty leading up to the June 23 referendum left some sellers hesitating to part with holdings. The political and economic volatility that followed voters' shock decision, with the pound plunging the next day and Prime Minister David Cameron resigning, disrupted some sales but spurred more.
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