Christie's beats Covid blues, sees 13% growth on strong Asian demand

Online sales for all categories including watches have also been strong. These timepieces drew as much as $12 million in sales in Dubai

For the first half of this year, Christie’s recorded $3.5 billion in sales across all modes, which was up by 13 per cent compared to last year, said the auction house’s CEO Guillaume Cerutti on Tuesday. Major works sold included a Basquiat that went for a record price and other record breakers that included a Picasso that fetched over $100 million.

Driving the sales on the supply side were art pieces coming from single owner collections that included 600 lots from the collection of Mrs Henry Ford II. Cerutti said “private sales represent 25 per cent of our sales and