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The Next Big Thing

In London and Hong Kong, buyers showed a taste for the new. Though trusty market darlings—from modern masters to contemporary favorites—continued to perform well, a number of works by important and previously sought-after figures did not meet expectations. On the other hand, pieces by artists who have only fairly recently gained favor at auction have enjoyed staggering increases in prices over a short period, pointing to the art market’s sensitivity to the latest trends.

MAHMOUD SABRI, Al Mawt Al-Tafl (The Death of a Child)1963, oil on

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