Christie’s: the auction market’s leader in 2017
Art Market | After obtaining mixed results in 2016, Christie’s attained total global sales of 6.6 billion dollars in 2017 - a 21% increase in comparison with 2016 (5.4 billion dollars). The year’s sales were driven by important structural changes and exceptional sales including major collections. Once again, the auction house confirmed its leading position with respect to Sotheby’s.
Jussi Pylkkänen durant la vente du Salvator Mundi de Leonardo da Vinci à Christie’s New York en novembre 2017
© Christie’s
The total global sales published by Christie’s reflect a strong growth across all sectors, regions and categories; in America they reached $3.2 billion (+62%), in the European/Middle Eastern area $2 billion (+11%) and in Asia $ 754.9 million (+7%). The auction house also reported that 37% of its buyers were European or Middle Eastern, while American and Asian customers represented 32% and 31% respectively.
Auction sales increased by 33% in 2017 in comparison with 2016 ($4.4 billion) and 5% in relation to 2015 ($5.64 billion), reaching a total of $5.9 billion. The Post-War & Contemporary Art department and the Impressionist and Modern Art one had a 20% and 53% increase in sales, attaining $1.6 billion each, which […]
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