CHRISTIE’S ATTRACTS NEW COLLECTORS AS GLOBAL APPEAL FOR ART CONTINUES TO GROW IN 2012

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Christie’s achieved global sales of $6.27 billion, an increase of 10 percent over the 2011 sales

 London/New York/Hong Kong – The global appeal of art continues to encourage new collectors to acquire works of art. In 2012 the average number of registered bidders per auction was 53 percent higher than a decade ago, and Christie’s realised worldwide sales of £3.92 billion ($6.27 billion), up 10 percent on 2011 (figures include buyer’s premium).  This includes private sales of £631.3 million ($1 billion), an increase of 26 percent on the same period last year, and represents the highest annual total in both company and art market history. Global auctions welcomed bidders from 136 countries highlighting the international appeal of art. 19 percent of all registered bidders were new clients. Christie’s sold 686 works at auction for over $1 million and 49 for over $10 million. The market at more accessible price levels represents the majority of transactions and continues to perform strongly; Christie’s South Kensington saleroom, which offers works of art from under £1,000, recorded its highest ever total for the third consecutive year having welcomed a 10 percent growth in registered bidders and a 20 percent increase in total sales. Online-only auctions attracted 39 percent new buyers.

Fuente- http://www.christies.com

 

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