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Banksy: Girl with Balloon, shredding just after the hammer came down in 2018 Credit: Instagram/@banksy As we enter 2021, it seems a good time to assess the previous decade. From a long-range perspective the high points might be: the resounding recovery from the 2008 banking crash; the virtually continuous growth in prices for modern and contemporary art; or, more recently, the market’s adaptation to the erosion of the physical experience of art during the pandemic. Closer inspection reveals geographic shifts of activity, such as the way the London gallery scene went into overdrive: between 2010 and 2017, numerous powerful international galleries opened or expanded in the capital. Also from Europe came an injection of Mediterranean culture with the arrival of specialist dealers from Italy, such as Mazzoleni and Tornabuoni.

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