Summer sales paint rosy picture for art auctions
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London
THE big contemporary art auctions in London at the end of June and the beginning of July have traditionally been the finale to a hectic few months in the international art market.
But how significant are they now that Christie's is no longer holding summer contemporary sales in the city, and that more multi-million-dollar business is being done at the Art Basel fair in Switzerland in mid-June? Have wealthy collectors' minds already left for the Hamptons or Tuscany?
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