Art Market Explodes: Huge Surge in Art Sales as Records Cont

Art Market Explodes: Huge Surge in Art Sales as Records Continue to be Broken


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SOUTHFIELD, Mich., Feb. 1, 2021 /PRNewswire/ -- While the world economy continues to struggle due to the COVID-19 pandemic, there are still exciting signs of growth in the art world.
According to a report commissioned by the London-based international insurance group Hiscox, 2020 saw a tremendous explosion in the popularity of online art auctions with an over 524% increase in global sales from 2019 to 2020.
Park West Executive Vice President John Block auctions off an artwork by Miami artist David “Lebo” Le Batard.
Park West Executive Vice President John Block and Gallery Director Morris Shapiro appear alongside original art by Peter Nixon and Marcel Mouly.

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