Christie's CEO Cerutti Says 'No Discounts' for Online Auctions

The video discusses the impact of the pandemic on the auction market, highlighting strong demand from collectors despite supply challenges. It explores the shift to online auctions and private sales, noting no discounts in online transactions. The video also covers market trends, forecasting a return to normalcy by next year, and emphasizes the resilience of the market for masterpieces. It concludes with a focus on the importance of accurate estimates in auctions.

What are the expectations for the auction market's return to normalcy?

How has the market for masterpieces performed during the pandemic?

What types of artworks are collectors currently looking to buy?