Collectible-market headlines love a multimillion-dollar sales price. Whether it’s a $195 million Andy Warhol painting, a $24 million Babe Ruth jersey or a $6 million comic book, the prices alone rarely tell the whole story. The true lessons for collectors lie in the factors that drove competitive bidding or in the tectonic shifts that produced the headline.
Over the past few months, several newsworthy developments have commanded collectors’ attention. A few of those, though, present highly consequential implications for collections worldwide.
