about 10 months ago (12/18/2023)
Christie’s Brings in $6.2 B. in 2023, Down $2 B. from 2022 – ARTnews.com Skip to main content By Daniel Cassady Plus Icon Daniel Cassady Senior Writer, ARTnews View All December 18, 2023 1:08pm Georgina Hilton selling Jean-Michel Basquiat’s El Gran Espectaculo (The Nile) for USD $67,110,000 at Christie’s New York, May 15, 2023 Courtesy Christie's The ghost of Paul Allen haunted the Christie’s end-of-year press conference on Monday, during which chief executive Guillaume Cerutti said the house is projected to bring in $6.2 billion in sales across both its art and luxury categories. Even though single-owner sales these days are a constant during marquee auction weeks, the $1.5 billion Allen sale last year was, as Cerutti noted, “historic and exceptional.” (All figures include the house fees, unless otherwise stated.) Because the Allen sale was such an outlier, Christie’s took an unusual route when it presented this year’s numbers, comparing them to 2022’s end of year figures both with and without that auction counted in.