NYC Local

Sotheby’s 2017 Auctions Reach $4.7 Billion Worldwide

Sotheby’s concluded it’s 2017 auctions this week, reaching an annual sales total of $4.7 billion. The famed auction house saw a 13.1 percent increase over our 2016 results. From the record-breaking sale of Jean-Michel Basquiat’s 1982 masterpiece Untitled to Japanese collector and entrepreneur Yusaku Maezawa, to the crowds who visited our London galleries to view the personal collection of Gone With the Wind star Vivien Leigh, below is a look back at the major moments that helped define the year at Sotheby’s:

SOTHEBY’S LEADS ALL INTERNATIONAL HOUSES IN ASIA
WITH ANNUAL AUCTION TOTAL OF $850 MILLION
Asian Clients Contribute $1.6 Billion of Sotheby’s 2017 Sales

ONLINE BUYERS SPEND MORE THAN $180 MILLION THIS YEAR
23% of All Lots Sold in 2017 Are Purchased Online

TOP LOT OF THE YEAR:
Jean-Michel Basquiat’s Untitled from 1982
Sets $110.5 Million Auction Records for the Artist
And for Any Work of American Art

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