Thursday, September 29th, 2011

Christie’s Announces Global Art Sales Total $3.2 Billion in the First Half of 2011

July 22, 2011 by  
Filed under Art Market, Featured

LONDON (REUTERS).- Christie’s sold art worth 2.0 billion pounds ($3.2 billion) in the first half of the year, up 15 percent on the same period in 2011, and a leading executive said on Thursday that full-year results should break the 2010 record. The world’s biggest art business, owned by French billionaire Francois Pinault, posted sales of 3.3 billion pounds in 2010, a leap of 53 percent on 2009 when the global financial crisis saw wealthy buyers retreat. “There is a good chance [...]