The Palette Times

1. International Art Market Sees Strong Sales in 2022 with $80 Million Minimum for Top Ten Lots The international art market has seen impressive sales in 2022, with the tenth most expensive work sold having a price tag of $80 million. This is significantly higher than the top ten lots sold in both 2020 and 2021. In 2020, just two of the top ten lots fetched prices above $50 million each, while i..

1. Auction Houses Diversify Offerings and Achieve Record Sales in 2022 In 2022, the top auction houses made significant efforts to diversify their evening sales and offered high-profile collections from top collectors, which contributed to record annual sales. The auction houses made headlines by breaking records for both well-known and emerging artists during the fall and spring seasons. One no..

1. Christie's Reports Record Sales of $4.1 Billion in H1 2022 Christie's has reported total sales of $4.1 billion for the first half of 2022, marking the auction house's best performance since 2015. This is an 18% increase on a U.S. dollar basis compared to the first half of 2021 and even surpasses the first half of 2018, when Christie's sold the Rockefeller collection for a record $835 million...