Art Advisors Clap Back

Artcurial's red-hot €16.7m Alfa Romeo; LA's art institutions grow up; 1st Dibs moves to Chelsea; Art litigation gets more complex; An advisor says clarifies third-party guarantees.

Artcurial Sells €16.7m Alfa Romeo in €42m Classic Car Sale

An American collector paid $18.9m for a 1939 Alfa Roméo 8C 2900 B Touring Berlinetta which was the top lot in Artcurial’s Paris classic car sale. The €42m event posted a total 31% higher than the previous year. Another American buyer took the second most valuable lot in the sale, a 1966 Serenissi…