Investors Sound Alarm Bells After Sotheby’s Auction

“After 11 years of steep growth in the value of fine art, the drop in Sotheby’s stock by about 37% in the course of one day sounded alarm bells. Analysts were particularly struck by the fact that Vincent van Gogh’s landscape, Wheat Fields, possibly his last finished work, painted in 1890 two weeks before he committed suicide, was left unsold; Sotheby’s had valued it at up to $35m (£17.5m).”