Sotheby’s Opens the London Spring Marquee Sales With a £131M White-Glove Night

After the ebullient multi-billion-dollar New York auctions in November, all eyes turned to London this week to gauge what the market might do amid rising global tensions now erupting into open conflict. Since the beginning of the year, the news cycle has offered little respite, and the auction week headlines have hardly been reassuring. Just days before the sales, the United States and Israel struck Iran, prompting retaliatory attacks across the Gulf, the killing of Supreme Leader Khamenei and...