The Art Market is Shrinking

The Art Market is Shrinking

May 19, 2016 | Art, Auctions

Last year, sales at Sotheby’s and Christie’s were booming: combined, the two auction houses brought in over a billion dollars. This year, the two have only raised a total of $560.6 million, a far cry from where they stood last May. And the $78.1 million raised by...
Sotheby’s, Christie’s Enjoy High Sales

Sotheby’s, Christie’s Enjoy High Sales

Feb 5, 2013 | Articles

Sotheby’s and Christie’s brought in about $170 million this week from the sales of Old Master and Renaissance art. Three works brought in over $10 million apiece, and many paintings sold for far more than their estimated prices. The biggest seller was The Madonna and...