ART MARKET WATCH


July 13, 2007

CHRISTIE’S NUMBERS JUMP FOR 2007
In the art market, even Friday the 13th is an occasion for good news. On June 13, 2007, Christie’s International announced total worldwide sales of $3.25 billion for the first half of 2007, an increase of 45 percent over the $2.24 billion sold during the same period in 2006. (It’s worth noting, in light of the wretched weakness of the U.S. dollar, that the increase in pounds, from £1.24 billion to £1.63 billion, represents an increase of only 32 percent.)

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