Sotheby’s Hong Kong Week = HK$2.975bn (US$372m)

 

Sotheby’s just finished its autumn sales cycle even with the Hong Kong protests taking place all around the auctions. The sales total represented a 30% decline from the previous year’s $542m performance. And, once the buyer’s premium is removed from the final numbers, it would appear that the total sale was closer to the low estimate for the week:

SOTHEBY’S HONG KONG FIVE-DAY AUTUMN 2014 SALE SERIES

Achieves HK$2.904 billion / US$372 million  (high estimate HK$2.975 billion / US$381 million)

2,698 lots sold