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The Art Market has its Worst Downturn in 2020

By Sybaris Collection

A few days ago Art Basel and USB released their annual report where they confirmed what we all suspected: the art market had a significant decline in 2020. In fact, their numbers are very similar to those of 2009. In 2020 the art market reported 50,000 million dollars, when last year they were around 64,000 million dollars.

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