Christie's Reports a $1.9 Billion Surge Powered by Contemporary Art and Fine Wine
Christie's Reports a $1.9 Billion Surge Powered by Contemporary Art and Fine Wine
Jan 28, 2011 6
NEW YORK – Wine is up. Old Masters are down. Hong Kong is rising. But New York is still number one.
Such are the details about the auction business that can be gleaned from a statement Christie's has released about its 2010 performance, which breaks down the house's record $5.2 billion total sales last year — handily topping the $3.3 billion in business done in 2009 — into illuminating pools of data that describe an art market in furious rebound.
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