Pursuits
Christie’s Sales Surge by 46% After Demand Recovers From Slump
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Christie’s International’s first-half sales jumped 46 percent as a recovery in demand buoyed prices, particularly for rare works, and such buying is likely to continue in autumn sales, the auction house said today.
Christie’s sold 1.71 billion pounds ($2.73 billion) of art and antiques in January through June, compared with 1.2 billion pounds a year earlier, when prices were depressed by the global economic slump. The figures include buyer’s premium.