It has been a record year at Sotheby’s so far in 2021. Driven by strength and depth of demand and an influx of new collectors the consolidated sales at the company now stand at $7.3 billion. This is the strongest total in Sotheby’s 277 year history.
With more than 20 sales still to go, Sotheby’s standout year to date results includes auctions with a running total of $6 billion and private sales achieving $1.3 billion. As auctions rebounded and clients responded to a seamless digital and physical experience new sale formats and categories attracted a wider audience. A record number of bidders joined in Sotheby’s sales – 44% them new to the auction house. A rise in quality works coming to the market is meeting strong demand from new and established collectors.
