Christie s Sotheby s, what is the salary level

According to market data, Sofu has a more stable development than Christie's, and is less volatile due to other factors.

According to statistics, the performance of the year 2021 effectively offset the heavy losses in 2020. Sotheby's total art sales in 2020 fell by 29% compared to 2019, with a difference of $1 billion.

Christie's contracted even more: by 41% and with a shortfall of $1.5 billion.

Both companies have seen significant increases in turnover in New York since 2019 (before the pandemic), but Sotheby's has seen the most surprising increase, from $100 million to $100 million, up 37% in the last two years. Although the number of lots sold has not changed much (around 6,000 lots), more and more collectors and excellent collections are pouring into the market.

London, England, is the second largest market in the West, with 21% of Christie's global turnover and 18% of Sotheby's, while Paris, France, has a steadily growing share, with Christie's accounting for 6% and Sotheby's accounting for 7%.

To sum up, Sofu is a little ahead of Christie's development.

Categories: Entertainment & Leisure >> Collection.

Problem description: I would like to know what the differences between these two auctions are, including what they auctioned, how many times a year, why they are so famous, and the recent sky-high prices. And so on, about the relevant comparison of the two.

Analysis: Sotheby's is the first Western auction house to explore the Asian market.

Since 1973, the company has set up an office in Hong Kong and has since held two large-scale auctions of Chinese art and jadeite and jade there every year. In response to the increasing internationalization of the art auction market in China, Sotheby's officially opened a representative office in Shanghai in April 94, with the aim of strengthening Sotheby's ties with various art and cultural promotion organizations in China, and providing the public with all information and services related to auction events and the art market.

On May 3, New York, Sotheby's "Impressionism & Modern Art" section gave a dull start to the annual spring auctions, with a slightly mediocre lot and an overestimate that discouraged collectors. Very few bidders were found in the entire auction, and few lots sold for more than estimated. The total turnover was only $91.2 million, almost half of its prior estimate.

A total of 65 works of art were auctioned, and 20 artworks did not find buyers, including Kandinsky's "Two Knights and Recumbent Figures", which was previously featured at Sotheby's.

In 2006, Christie's Hong Kong (Christie's) The twentieth anniversary of the first auction. As one of Asia's leading auction houses, Christie's Hong Kong is a leader in the Asian auction market, providing clients with the highest professional advice and the highest quality service.

Edward Dolman, Chief Executive Officer of Christie's International, said: "Christie's business in the region has grown particularly rapidly as the auction market continues to thrive and the number of clients continues to grow. Over the past 20 years, Christie's Hong Kong has played a pivotal role in the Asian auction market, writing a remarkable page in the Group's 240-year history.

Asia's position in the international auction market will continue to grow. As a pioneer in expanding into the region, Christie's will continue to aggressively expand its presence in Asia and invest in longer-term strategies. We are confident that Christie's Hong Kong will remain in its leadership position and achieve even more." ”