In 2020, art sales worldwide amounted to roughly 50 billion U.S.

Meanwhile, its competitor Christie's sold around 12 thousand lots in that year.įrom 2015 to 2020, the global art market value fluctuated significantly. Overall, Sotheby's sold over 14 thousand fine art lots in 2020. When looking at the number of lots sold, the scenario did not change much, as Sotheby's and Christie's led the way, while China Guardian, Phillips, and Poly Auction followed behind. That year, Christie's recorded the second-highest figure, with a fine art auction revenue of around four billion U.S. Sotheby's was the auction house with the highest revenue at fine art auctions worldwide in 2021, generating roughly 4.4 billion U.S.