The International Auction Market for Art

Auction houses make up an important part of the art market, helping to determine the ever changing value of art by directly confronting buyers in a public bidding exercise. Auction houses come in all shapes and sizes, and several are prominent across the globe. In this lecture, Samantha Koslow, Director of Business Development and Head of Museum Services at Christie’s in New York, describes the way an auction house works - how they staff and how they bring together both sellers and buyers in an open forum as well as the way they have adapted to the digital world.