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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