Christie’s 2008 Global Art Sales Total $5.1 Billion

Christie’s International, the world’s leading art business, today announced 2008 art sales totals of £2.8 billion/$5.1 billion. The results reflect an 11% decrease in £ (19% decrease in $) over 2007 sales against the difficult global economic backdrop. The results were achieved through more than 600 sales in 14 saleroom locations worldwide and include auction premiums as well as private sales of £267.6 million/$487.0 million. For the year, Christie’s sold a total of 629 works of art at auction for over $1 million each.

Tags:
art business, art money, Christie’s International

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