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Art Sales Approaching 2008 Pace

July 5, 2011 by Marion Maneker

Colin Gleadell points out that with the close of the first half of the year, Sotheby’s is hammering down art at a pace not far off the record run of the first half of 2008. We all know what happened in H2 of that year:

Sotheby’s auction sales for the first six months of the year reached $2.91 billion (£1.8 billion), a 35 per cent increase on last year, nearing its first six months record $2.95 billion in 2008. Christie’s auction sales figures are not yet available, but are thought to be close.

Contemporary sales review: one last burn for Britain? (Telegraph)

 

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