Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Christie’s Private Sales Drop by a Third in H1 2015

July 20, 2015 by Marion Maneker

The Art Newspaper points out that Christie’s half a billion dollars in private sales so far in 2015 is off by a third from last year. That raises the possibility that Christie’s super-charged auctions have been cannibalizing their private sales (a turn-about from previous conventional wisdom.)

private sales—which previously seemed to be on a relentlessly upward trajectory—showed a steep fall fr om the £500m ($828m) recorded in the first half of 2014, coming in at £333m ($515m) this time around. In a statement, Christie’s said that it was still “on track for a record year” in this category, with a “significant pipeline” expected in the second half of the year (the annual total for 2014 was £916m/$1.5bn).

Christie’s sales growth cools in the first half of 2015 (The Art Newspaper)

More from Art Market Monitor

  • Christie's Russian Paintings & Works of Art = £14.9mChristie's Russian Paintings & Works of Art = £14.9m
  • A Brief History of Hong Kong’s Rise to Art Market ProminenceA Brief History of Hong Kong’s Rise to Art Market Prominence
  • What’s Frankenthaler Worth?What’s Frankenthaler Worth?
  • Dallas Capital of the Private Art Museum Movement?Dallas Capital of the Private Art Museum Movement?
  • Frieze FallFrieze Fall
  • Western Art Way DownWestern Art Way Down

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor