New York, June 17 (FinanceEnquiry.com) – On Tuesday, the world’s largest auctioneer, Christie made an announcement that it had made a record first-half art sales of 2.2 billion pounds which is a jump of 13 percent as compared to the same period lat year.
During the first six months of this years, it has witnessed auction sales of 1.8 billion, up 7 percent as compared to the previous year. The private sales accounted to 413 billion, a 53 percent rise.
As far as auction categories are concerned, the post-war and contemporary sector jumped 34 percent to 576 million pounds, jewelery sector rose 28 percent to 190 million and old masters and 19th century art hiked 50 percent to 72 million.
The sales have risen 23 percent to 73 million pounds at South Kensington showrooms in London whereas the auction revenues skidded steeply in Asian and Middle Eastern to 234 million pounds, 23 percent down on the first half of 2011.
During the period under review, bidders from 124 countries registered and of all registered bids, 19 percent were placed by the new clients.
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