02-08-2021 15:00 via artnews.com

Led By Strong Asian Buying, Phillips Posts $542 M. in Sales for H1 2021

Phillips released its figures for the first half of 2021 this morning. The data suggests a continuation of a trend seen in earlier results from larger rivals like Christie’s. Total sales for the first half of the year were $542.7 million, representing a 25 percent rise from the occluded sales that took place during the beginning of the global pandemic. Auction results were $452 million, a 15 percent rise, and private sales grew a heady 107 percent to $90.7 million.
Phillips’s CEO, Ed
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