Market news

The four major international auction houses have all confirmed record sales for 2007. The Rothschild Faberge Egg The Rothschild Fabergé egg sold to the Russian National Museum for £8.9 million Christie’s, the dominant saleroom over the previous two years, barely clung onto its lead with $6.3 billion (£3.1 billion) of sales against Sotheby’s $6.2 billion … Read more

Lee’s Rosenbaum’s January 22 Arts Journal entry

It’s not that I give a hoot about who’s on top—Sotheby’s or Christie’s. But what activates the needle of my sensitive journalistic spin-monitor are Christie’s representations about its sales leadership and superior profitability—claims that are, respectively, exaggerated and unsubstantiated. Read full story at Arts Journal .com