2022 was a record year for leading auction houses
[ad_1]
In 2022, the total sales of Christie`s, Sotheby`s and Phillips, the world’s three largest auction houses, reached nearly $18 billion, according to The Guardian. Sales of Christie`s amounted to $ 8.4 billion, Sotheby`s – $ 8 billion, Phillips – $ 1.3 billion. For each of the auction houses, this year was a record for sales, and Christie`s generally set a sales record in the history of the art market . As noted by the head Christie’s Guillaume Cerutti, “despite the difficult economic situation”, wealthy people continued to spend money, and the results obtained “indicate the flexibility of the art market.”
A significant share of the results Sotheby’s was the sale of the second part of the collection of Harry and Linda McLoey, a couple of billionaires from New York who, after a divorce, share property. Their collection began to be sold in 2021, and this year a second auction was held.
The entire McLoey collection brought $922 million, the second part – $246 million. Other expensive lots sold by Sotheby`s this year included a house in Bel Air (California) with 21 bedrooms and 42 bathrooms – $141 million, a car Mercedes-Benz 300 SLR Uhlenhaut Coupe – $137 million, Andy Warhol’s “White Car Crash (White Car Crash 19 Times)” – $85.5 million
auction house sales Phillips grew by 8% over the year, but compared to the pre-pandemic 2019 year, the growth was 32%. The most expensive lot of this auction house in the past year was a painting by Jean-Michel Basquiat, sold for $85 million.
[ad_2]
Source link
