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Sotheby’s sells record $7.3bn of art so far in 2021
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Sotheby’s has sold a record $7.3bn (£5.5bn) worth of art and other collectibles so far this year – the most in its 277-year history.
The auction house said on Wednesday that an “influx of younger, tech-savvy collectors” buying luxury items such as handbags, jewellery, wine and non-fungible tokens (NFTs) during the pandemic had helped lift sales to the record high.
Sotheby’s, which was founded in London in 1744 and now operates from 80 offices around the world with its headquarters in New York, said the 2021 total would rise still higher as it has 20 more sales to come before the year end.
So far this year, Sotheby’s has sold 57 pieces for more than $15m each, with a Botticelli painting of a young man holding a roundel selling for $92.2m being
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