Christie’s International PLC said Tuesday it sold $8.4 billion of fine and decorative art last year, up 17% from the year before and a record for the London-based company, wirtes Kelly Crow in the Wall Street Journal.
The total at privately held Christie’s included $6.8 billion in auction sales and $1.5 billion in privately brokered art sales. The auction house sold $35 million of art online, up 60% from 2013.
Rival Sotheby's said it auctioned $6 billion in art last year, up 18% from the year before and also a record for the New York-based auctioneer.
Both auction houses said roughly one-third of their buyers last year were first-timers.