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THERE WAS A time when the principle of returning to African countries art and artifacts removed under colonial rule seemed on its way to becoming an international norm. In 1978 the director-general of UNESCO, Amadou-Mahtar M’Bow, argued for…

Will Auction Houses Remain the Future of the Art Market?

For the average ‘70s Joe, the phrase “art world” probably conjured up Bohemian images of grubby, skeletal painters smoking inside, but I’d bet you a salami sandwich that your current association with the phrase involves more suits than…