Deaths and divorces of major collectors fuel record £14.3bn in sales at Christie’s, Sotheby’s and Phillips
The world’s biggest auction houses are celebrating record-breaking revenues this year after the deaths or divorces of art collecting billionaires led to a series of blockbuster sales.
In total the three big auction houses – Christie’s, Sotheby’s and Phillips – sold £14.3bn worth of art and other collectibles in 2022.
Deaths and divorces of major collectors fuel record £14.3bn in sales at Christie’s, Sotheby’s and PhillipsThe world’s biggest auction houses are celebrating record-breaking revenues this year after the deaths or divorces of art collecting billionaires led to a series of blockbuster sales.In total the three big auction houses – Christie’s, Sotheby’s and Phillips – sold £14.3bn worth of art and other collectibles in 2022. Continue reading…