Sotheby’s post strong annual sales results

SOTHEBY’S have posted $4.9bn in worldwide sales for 2011, marginally up on 2010. The United States remains the company's primary market, accounting for just over $1.9bn of sales, with the UK second at $1.5bn. Continental Europe yielded $527m, while Asia - largely Hong Kong-based sales - totalled $959m.

The company's biggest grossing sale of the year was the $315.8m Contemporary art evening sale in New…

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