Sunday, 22nd November 2009

 

18 July 2008 - Press Briefing

Christie's and Sotheby's register $7bn in sales amid art boom

Christie's and Sotheby's have sold about $7bn (€4.4bn) worth of paintings in the first half of this year, representing a 12% annual growth, which underlines the current boom in the art market, according to a report in the Financial Times.

Christie's on Thursday said it registered an annual rise of 10% on global sales, which hit £1.8bn. Sotheby's said it recorded sales of $3bn in the first six months of the year, the FT report said.

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