Record sales at Christie's
Friday 28 January 2011
Christie's enjoyed record sales last year as demand for contemporary art rebounded strongly.
The 245-year-old auctioneer sold Pablo Picasso's painting Nude, Green Leaves And Bust for $106.5m at its New York sale room in May, and Roy Lichtenstein's 1964 Pop Art work Ohhh... Alright... for $42.6m in November. The company said it sold 606 works for more than $1m last year, up from 381 in 2009.
Christie's sales rose by 53 per cent to £3.3bn ($5.2bn), boosted by a 147 per cent jump in contemporary art revenues.
The chief executive, Steve Murphy, attributed its success to growing demand from Asian art collectors, particularly in China, and the large number of masterpieces that came to the market.
- 1 Stephen Fry explains what he would say if he was 'confronted by God'
- 2 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 3 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 4 Ball pool for adults opens in London
- 5 Rashida Jones speaks out against male-centric porn saying 'women should have sex and feel good about it'
Stephen Fry explains what he would say if he was 'confronted by God'
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
Hard line on immigration could cost Tories the election
iJobs Money & Business
£40000 - £50000 per annum: Recruitment Genius: This is an exciting opportunity...
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...