Christie’s leads Global Art Market 2017 sales total £5.1 Billion ($6.6 Billion)

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11-Feb-2018

Christie’s announces total global sales increased 26% in 2017 to £5.1 billion ($6.6 billion, up 21%), led by the record breaking sale of Leonardo da Vinci’s Salvator Mundi, selling for $450.3 million (£342.2 million) in November in New York.  Increased supply at masterpiece level met continued demand as global auction sales increased 38% to £4.6 billion ($5.9 billion, up 33%).  Sales in the Americas increased to £2.5 billion, up 68% ($3.2 billion, up 62%), sales in Asia totalled £582.9 million, up 11% ($754.9 million, up 7%), and sales in Europe and the Middle East totalled £1.5 billion, up 16% ($2 billion, up 11%).

 

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