How to gamble on contemporary art

The daredevil of the auction world

Christie’s, the auction house, celebrates its two-hundred-and-fiftieth anniversary this year, and over time the origins of certain company traditions have become obscure. Nobody is certain, for example, why the examination that art works undergo upon arrival is called a “hilling session,” though one theory is that it derives from the necessity of rolling paintings and sculptures up a slope to reach the company’s first warehouse, in West London. ….[READ]

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