Christie’s Reports 25% Drop in Sales for 2020

December 16th, 2020

Christie’s has reported a considerable 25% drop in sales for 2020, while setting a new record for private sales of $1.2 billion for the year.  “It was expected since we entered in the Covid-19 situation and is in line with our forecast around mid-year,” says CEO Guillaume Cerutti. Referring to a decline of around 25 percent compared to 2019, he added, “The biggest part of this drop is with live auctions.”

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