Sotheby’s breaks sales records in 2021

The auction house Sotheby’s has announced that it has reached the highest sales figure in its history in 2021.


After a year 2020 marred by the global pandemic, bans on gatherings and containment, 2021 has smiled on the auction house Sotheby’s which recorded the highest sales figures in its history with nearly 7.3 billion dollars.


The London-based auction house, now based in New York, is pleased with this figure, which is “the highest total” in its “277-year history“. Of this total, auctions totaled $6 billion, including $1.3 billion for private sales, up 71% on 2020 and 26% compared to 2019 คามากร้า ราคา.


According to auction house and art market experts, the pandemic has not extinguished the appetite and means of collectors, finding refuge in works of art that rarely lose their value.


Among the iconic auctions of 2021, Sotheby’s totaled $676 million in a single evening sale last November in New York. It was the sale of the Macklowe Collection of art. At that sale, Alberto Giacometti‘s The Nose, was purchased for $78.4 million by the founder of the cryptocurrency platform Tron, Chinese-American entrepreneur Justin Sun. According to Sotheby’s, in 2021, 46 percent of auctions above $5 million came from Asian collectors.


Auction houses have had to adapt to the pandemic environment by going more digital, which has “dramatically expanded access to an unprecedented number of participants over the past 12 months,” notes Sotheby’s. According to the house, 39% of buyers in 2021 represented new profiles.


NFTs also made a strong entry into the art market in 2021, as seen in the sale of NFT Cryptopunk #7523 sold by Sotheby’s for $11.8 million. Among other records set this year, the house also saw the most expensive sneakers ever sold, a pair of “Nike Air Yeezy 1s” worn by their inspirer, rapper Kanye West, which fetched $1.8 million at a private sale.





Featured photo : © Sotheby’s


Hélène Cougot
Hélène Cougot
Passionate about art and fashion, Hélène went to a fashion design school: the Atelier Chardon-Savard. She then completed her training with an MBA in Marketing at ISG. She has written for the magazine Do it in Paris and specializes in writing articles about luxury, art and fashion for Luxus +.

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