Sotheby’s Sales Rise 46% to $5.33 Billion on Contemporary Art
Dec. 27 (Bloomberg) — Sotheby’s, the world’s second-largest auction house, sold about 46 percent more art this year as U.S., Russian and Asian collectors bid up prices for contemporary artists such as Francis Bacon and Jeff Koons. Sotheby’s art auctions in 2007 totaled $5.33 billion, up from $3.66 billion a year earlier, according to preliminary … Read more