Sotheby’s sells record $7.3bn of art so far in 2021

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.

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from World news | The Guardian https://ift.tt/3IR2StG