Christie’s Sales Rise 16% as Contemporary Sales Increase
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Christie’s International, the largest auction house, said sales of art and collectibles rose 16 percent last year amid a boom in purchases of contemporary works and demand from Asia.
The auction house sold 4.54 billion pounds ($7.48 billion) of art and collectibles in 2013, setting a record for the company for the fourth straight year, London-based Christie’s said today in an e-mailed statement.