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Auctioneers Figures

Results and statistics indicating the performance of UK and international auction houses.


Sotheby’s to restructure after ‘significant’ losses

20 November 2000

Sotheby’s have instigated a dramatic ‘restructure’ of their company after announcing net losses of $183m for the first nine months of this year.

Paris sales up 19 per cent

28 August 2000

FRANCE: Sales rose 19.5 per cent at Drouot in Paris, to Fr1.965 billion (excluding premium), in the first six months of 2000, compared with the same period in 1999.

Christie’s figures show boom

21 August 2000

SALES figures for the first half of 2000 were up by more than a fifth at Christie’s.

Sotheby’s results

07 August 2000

SOTHEBY’S profits fell 5.2 per cent for the second quarter of 2000, against the same period last year, despite revenue rising. The company largely blames Internet expenses and the $3.8m costs of the anti-trust investigation for this drop.

Phillips report London sales up by nearly 50 per cent

24 July 2000

UK: LONDON-based auctioneers PHILLIPS’ bid to join Sotheby’s and Christie’s in the premier league of the auction world appears to be making some progress as they reported a 48 per cent increase in hammer sales for their London rooms for January to July this year.

Dreweatt Neate top table for 1999 regional turnover

03 April 2000

UK: TURNOVER figures posted by provincial auctioneers for the year January to December 1999 revealed a turnaround in the positions of the top two firms.

Turnover of $2.3bn each for Christie's and Sotheby's

20 March 2000

CHRISTIE'S and Sotheby's announced a substantial increase in turnover for 1999, each registering total sales in the world art market of $2.3 billion (£1.46bn).

Christie's detail new commissions

21 February 2000

CHRISTIE'S had their best ever year in 1999, exceeding the peak of annual turnover achieved at the height of the last art boom.