Hybrid Auctions Are Now the Norm. Will Galleries Follow Suit?

One of the surprises following last year’s global lockdown was how well the art market seemed to function in a state of semi-suspended animation. There’s a variety of explanations for the industry’s unexpected ability to survive. There are macroeconomic factors involving stimulus packages and governments further easing already lax monetary policies. There are also technological ones based upon the existence of platforms for displaying art. (Many of these platforms already exist