"When you get very significant prices achieved by global buying, people will know that not only are they getting the highest price but they are selling to the broadest possible audience," Jussi Pylkkanen, president of Christie's Europe, told Reuters by telephone on Friday.
"That creates its own impetus."
A growing class of the super-wealthy in emerging markets, particularly China, Russia and the Middle East, have been increasing their buying power in a sector typically dominated by U.S. and European collectors.
said that the Bacon piece sold on Thursday
would probably not have come to market had it not been for the record-setting triptych last November.
"That gives confidence to American and European buyers," Pylkkanen