Czech art market sees record Spring season

07-07-2016

The Czech art market saw a record Spring season this year, according to preliminary data released by the Czech art investment website artplus.cz. Collectors and investors spent about 570 million crowns at Czech auctions so far in 2016, which is the highest sum in the country’s history. Last year‘s mid-season turnover stood at 480 million crowns. The increase is fuelled by a highly competitive market and increasing quality of the offer. The most expensive painting sold this spring was Josef Čapek’s painting ‘In June’ which sold for 17.5 million crowns.