Auction house credits younger, tech-savvy collectors for highest annual sales in its 277-year history
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.