Monthly picture sales reap rewards
“I think the secret to our success is that we now hold an art sale every four weeks.” A 90% sell-through rate from 400 lots was the latest bullish stat to come out of John Nicholson’s (24% buyer’s premium) monthly picture auctions, started this year by specialist Buffy Parker.
“If people want to sell within three months, they know they can come to us. Similarly, all the buy…