Sotheby’s Draws Even With Christie’s on Private Sales

Sotheby’s, after trailing Christie’s International in 2006, sold about $6 billion of art at auctions and in private transactions last year, drawing even with its rival. Sotheby’s sold $5.33 billion of art at auctions, and arranged more than $668 million of private deals outside the public salerooms, said analyst George Sutton at Craig-Hallum Capital Group … Read more

Sotheby’s Americana Week 2008

NEW YORK.- During Americana Week 2008, Sotheby’s New York will offer Property from the Estate of J. Welles Henderson, a distinguished admiralty attorney, a passionate and informed collector, a sophisticated speaker and writer and a man of deep faith, on January 19th. The Estate has a number of notable items most purchased from the Israel … Read more

Sotheby’s Sales Rise 46% to $5.33 Billion on Contemporary Art

Dec. 27 (Bloomberg) — Sotheby’s, the world’s second-largest auction house, sold about 46 percent more art this year as U.S., Russian and Asian collectors bid up prices for contemporary artists such as Francis Bacon and Jeff Koons. Sotheby’s art auctions in 2007 totaled $5.33 billion, up from $3.66 billion a year earlier, according to preliminary … Read more

Sotheby’s brings home Bacon

The boom in the contemporary art market has helped Sotheby’s, the world’s second-largest auction house, increase art sales by nearly a half to $5.3bn (£2.7bn) this year. The US-listed company rode the wave of interest in contemporary artists such as Francis Bacon and Jeff Koons to increase sales by 46pc, despite the impact of the … Read more