OGP | Collectors' Recommendations
Dec 22, 2022
Established and well-known auction houses Christie's, Sotheby's, and Phillips have consistently held the top three spots. The statistics of the top three companies are still very telling, despite the fact that Chinese auction houses have been setting world-class auction price records as Asia's economy has expanded quickly in recent years.
Established and well-known auction houses Christie's, Sotheby's, and Phillips have consistently held the top three spots. The statistics of the top three companies are still very telling, despite the fact that Chinese auction houses have been setting world-class auction price records as Asia's economy has expanded quickly in recent years.
Phillips recorded the highest annual total in business history in 2022 for the second consecutive year, coming in at $1.3 billion. From "Phillips 2022 | Best Year Ever," you can obtain specific data and information. Private sales have improved by 20%, and other positive trends include strong performances in jewellery, watches, and 20th and 21st century art. A significant portion of the achievement can be attributed to Phillips' growth in China, where the company is currently preparing for the opening of its new headquarters in Hong Kong and reiterated that 34% of sales are generated by Asian clients.