ART MARKET WATCH
Feb. 13, 2009SOTHEBYíS DOES $5.3 BILLIONSothebyís
auction house sold $5.3 billion worth of art in 2008, according to an announcement of summary results for 2008 (the firmís complete, audited report is due on Feb. 26, 2009). The total puts Sothebyís ahead of arch-rival Christieís
, which posted sales of $5.1 billion (see Christieís report, below).