The current market correction, which began in 2023 with global geopolitical unrest, high inflation and interest rates affecting collectors, has spilled into 2024. Less marquee estate property in the May sales potentially also dampened bidders' confidence and enthusiasm. Fewer masterpiece works are being offered in what has widely been viewed as a "buyer's market." Galleries face a critical choice: adapt to the new market reality or risk accumulating unsold inventory. "Collectors are more discerning than eve ...