2021 sales figures for fine art are beginning to come in, and they are exceptional. Sotheby’s announced a record 7.3 billion in total sales, Christie’s saw a five year high with 7.1 billion, and Phillips had its most successful year with 1.2 billion. Both public auctions and private sales are included in their figures, which cover several different collecting areas, but Contemporary Art continues to drive the most activity and garner the biggest headlines.
This trend is expected to continue in 2022, so if you are considering selling, Cochran Arts can help value potential works and identify whether private sale or public auction is your best option. We recently worked with a collector to sell a group of 20th c. British prints at auction in London. We walked the collector through the process, helping to negotiate the terms and facilitate the overseas transportation of the work. All pieces sold at or above their presale estimates.