Global sales at Christie’s in the first half of 2022 reached $4.1 billion, made up from $3.5 billion in auction sales and $0.6 billion in private sales. This is the best performance since 2015 and even surpasses the first half year of 2018 when Christie’s sold the Rockefeller Collection. Andy Warhol’s Short Sage Blue Marilyn was the most valuable lot sold, at $195 million. There was remarkable results for major collections like those of Thomas and Doris Ammann, Anne H. Bass, Rosalind Gersten Jacobs and Melvin Jacobs and Hubert de Givenchy. The sell through rate across all auctions was 87%. A strong influx of new and younger clients was noted. In the half year so far 30% of all buyers are new to Christie’s, and 34% of these new buyers are millennials.
Philanthropic sales raised nearly $440 million with $13.7 million in aid to Ukraine. The outlook for the autumn is good, led by the Ann and Gordon Getty Collection in New York.