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Auctioneers Figures

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


Sotheby's

Sotheby’s posts strong full year results as sales hit $5.5bn

01 March 2018

Sotheby’s reported a 12% jump in sales last year to $5.5bn (£4bn). The US-listed auction house said profit, or adjusted net income, improved by 22% from $99.6m to $121.7m in 2017, boosted by an increase in commission and fees.

UK regional salerooms take 26% of auction sales

26 February 2018

Regional auction houses accounted for over a quarter of the UK auction market in 2017.

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Latest figures reveal how salerooms outside the ‘big four’ are increasingly reaping middle-market rewards

26 February 2018

The contribution of Britain’s ‘regional’ salerooms – defined here as those outside the big London four of Sotheby’s, Christie’s, Bonhams and Phillips – is frequently overlooked when figures demonstrating the size of the UK auction market for art and antiques are created.

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UK Auction Report part 1: Regional values stay firm

19 February 2018

In the first of a two-part report spotlighting UK auction house performance and trends in 2017, ATG reviews the hammer totals and top lots at some of the regions’ leading salerooms.

Christie's

Trophy artworks including Leonardo da Vinci’s Salvator Mundi propel Christie’s sales to £5.1bn

02 February 2018

Christie’s sold seven out of the top 10 highest-value auction lots around the world last year – boosted by Leonardo da Vinci’s Salvator Mundi.

Sotheby's New York

Higher totals at Asian art auctions lift Sotheby’s results

03 November 2017

Released today, Sotheby’s third-quarter results indicated a significant improvement thanks largely to a boost from the latest series of Asian art auctions.

Sotheby's

Sotheby’s profit slips but revenues grow in second quarter thanks to higher lot values

03 August 2017

Sotheby’s revenues for the second quarter of 2017 rose 5% but its profit fell 14% to $76.9m due to a rise in expenses and a decline at its financial services arm.

Christie's

Christie’s half year auction results recover after tough 2016

19 July 2017

Christie’s first half results show positive signs for the art auction market after a difficult 2016.

Auction gavel

Higher auction margins and private sales boost Sotheby’s results

10 May 2017

Sotheby’s latest set of results for the first quarter of 2017 showed an improvement in its fortunes over the equivalent period last year.

Auction gavel

Bowie and Ames collections help boost Sotheby’s profits in final months of 2016 but total year’s sales were down

28 February 2017

Sotheby’s returned to profit in the fourth quarter of 2016, attributing this to improved commissions and growing market confidence, though sales for 2016 overall were down.

Christie's

Challenging 2016 as auction sales suffer at Christie’s

09 February 2017

Christie’s posted total sales of £4bn in 2016, a decrease of 16% compared to the previous year and well down from the art market’s high watermark of £5.1bn in 2014.

Sotheby’s losses increase in third quarter

07 November 2016

The difficulties in securing high-value works for sale lay behind a $54.5m loss posted in Sotheby’s latest set of results.

Pablo Picasso's Femme assise

Sotheby’s make higher profits despite drop in auction market

08 August 2016

Sotheby’s latest results showed the firm has increased profits despite a significant fall in auction sales. Their share price jumped by over 15% after the figures were released earlier today.

Henry Moore’s Reclining Figure Festival

Christie’s sales down 27% – is this an art market slump?

20 July 2016

Christie’s has experienced a sharp fall in overall sales. In figures released earlier today the company reported sales of £2.1bn for the first half of 2016, which compared to £2.9bn for the same period in 2015.

New interest in Sotheby’s despite first quarter loss

18 May 2016

Following the release of Sotheby’s disappointing 2016 first-quarter earnings, the financial press was awash with speculation of a new investor.

Henry Wyndham collection Deborah Duchess of Devonshire

Wyndham to leave as more staff exit Sotheby’s

07 March 2016

The shake-up at Sotheby’s continued last week as more key senior employees – including Henry Wyndham – depart the company.

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Sales fall at big two as market shapes to cool

02 February 2016

Both Sotheby’s and Christie’s saw sales fall in 2015, a sign that the art market may be slowing.

Solid annual results for Celtic auctioneers

18 January 2016

Leading auctioneers in Ireland and Scotland enjoyed a solid, if unspectacular, year of sales in 2015.

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Totals dip across top provincial salerooms

13 January 2016

Despite some welcome exceptions, 2015 proved a unspectacular year for Britain and Ireland’s regional fine art auctioneers with one in three salerooms experiencing a fall in sales.