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6 billion euros of art

726ce9f7b3e4c49fc49b42153d82f818 - 6 billion euros of art

Christie’s, a leader in the art market, was a boerenjaar. In 2018, took the British auction house the highest revenue from its 252-year history.

It was raining records last year at Christie’s. All midway, in June, the auction house rondbazuinen that revenue with 26 percent was grown. Thanks to wingewest Asia, where sales doubled …

It was raining records last year at Christie’s. All midway, in June, the auction house rondbazuinen that revenue with 26 percent was grown. Thanks to wingewest Asia, where sales doubled. Well boerende auctions of Aziatica-trinkets and luxury products contributed to this. But there was also a very expensive art in the direction of Asia, such as the nude of Modigliani from 1917, that for 157,2 million dollars to a private collection in Shanghai moved.

Christie’s klokte for 2018, and ultimately to a 5.3 billion pound (6 billion euros), an increase of three percent in comparison with 2017. It is the highest figure in the history of the British auction house.

Expensive Rockefellers

The thriving figures were flavoured by a number of media-relevant moments. First there was the auction of the estate of Peggy and David Rockefeller. That’s art collection and spent 835 million dollars and became the most expensive private collection ever. For seven artists, including Monet and Matisse, were the highest prices ever paid in.

In november solved David Hockney, Jeff Koons as the most expensive living artist. In New York was his zwembadschilderij Portrait of an artist (Pool with two figures) was auctioned for eur 90.3 million (79.1 million euro). And in Geneva the same month, the ‘Pink Legacy’ sold. The pink diamond of exceptional quality, which went under the hammer for up to 44 million euros.

Brexit-bui

The United States will remain for Christie’s still the main market, followed by Europe and Asia. A third of buyers last year, was brand new at the auction house, pointing to growth opportunities. Move also at the top of the market, where Christie’s strong on commitment. The number of sold works of art with a value of over ten million pounds is growing. The this year there were 67 against 65 last year.

Without this explicit, see president Guillaume Cerutti, the Brexit-mood already hanging. The ravishing annual figures for 2018 were, according to him, to the end of the year already colored by ‘the signals from the challenging macro-political and economic circumstances.’

Sotheby’s, number two in the veilingwereld, must be annual figures are still known. Also Phillips Auctions, the third most important player in terms of sales, did it last year. The klokte at 800 million euros, an increase of twenty percent.

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