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Sotheby’s report $6.2bn in sales

28 January 2008Written by ATG Reporter

SOTHEBY’S have released interim headline sales figures for 2007, which show worldwide auction totals up 44 per cent on 2006 at $5.4bn.

An additional $800m came from private and dealer sales.

The firm were keen to point out that thanks to the introduction of a minimum lot value – set at £3000 in London – their sales total came from 42 per cent fewer lots than Christie’s, who announced worldwide sales totals of $6.3bn ($539m of which was from private and dealer sales).

Sotheby’s expect to announce full-year audited results at the end of February.

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