Sotheby’s Announces $2.5 B. in Sales for 2020, Online Soars

With the end of its summer auction series restructured to replace the marquee auctions in New York and London normally held during the spring, Sotheby’s has released its sales total for the first half of the year. At $2.5 billion, Sotheby’s sales volume for the year to date (January 1–July 31) was down 25 percent from 2019 when the global total was $3.3 billion. Considering the disruption created by global closures of major sales centers to combat the spread of Covid-19, the dr