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1.Market Observations, 8.Was Sticky

18 May 2017 (AFR) – Art auctions: Clearance rates climb as buyers pile back in – Auction houses clear $25m in past fortnight

(18 May 2017, AFR, p14, by Peter Fish)

‘Two major art auctions on consecutive days in Sydney last week reported more than 80 per cent of lots sold and 90 per cent by value, indicating a general pick-up in the art market after a long hiatus. The Deutscher and Hackett sale on May 10 raised $4.85 million, bringing its total tally for the year so far to…’

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