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The fine art market just turned over $1 billion in 48 hours

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Boom times for auction houses as Sotheby’s sale realizes $380 million (and that’s not including the jewellery). It wasn’t quite as dramatic as the record-busting sale at its rival Christie’s on Monday, but the Contemporary Art Evening at auction-house Sotheby’s  BID 0.77% Tuesday still managed to drop a few jaws….

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