Art Market Watch
Feb. 27, 2006
On Mar. 28, 29 and 30, 2006, Christie’s New York
holds its series of seven Asian art sales, which all together are expected to realize in excess of $30 million. Asian art is a growth area for Christie’s, with total sales worldwide climbing to $336 million in 2005, an increase of nearly 45 percent over the 2004 total. This year the firm celebrates the 20th anniversary of Korean art sales in New York (with a separate Korean art catalogue), and also launches its first stand-alone sale of modern and contemporary Indian art in New York, with 166 lots carrying a total presale estimate of $7 million-$9 million.