2011 French Auction House Results

Just a quick post from a paragraph from an art update article in the Financial Times regarding 2011 year end results for auction houses in France.

The FT reports

Still in France, the line-up of auction house results for last year saw Christie’s leading the field with turnover of €199m (up 13 per cent) while Sotheby’s was close behind with €190m. But the “best in show” prize goes to Artcurial. It reported its highest total ever, making sales of €127m, a 23 per cent increase over 2010. Co-chairman Francis Briest picked out the €5.8m made for a De Staël and €7m for a Feininger as particularly satisfying and noted: “Our firm has reached a critical mass and now we can rival the salerooms of London or New York.”

Source: The Financial Times