Sotheby’s Hong Kong Spring Auction Series
The stellar results of the Magnificent Jewels auction during the Hong Kong 2020 Spring Sales series and continued success of the innovative Fine Jewels Online auctions have propelled Sotheby’s to a position of unparalleled leadership. Bringing in an aggregate sale total of HK$469 million (US$60 million) year to date, the outstanding performance reaffirms Sotheby’s leadership position in Asia, clinching a 52% market share in the region.
Buoyed by a market in Asia that remains resilient despite the rapidly evolving global developments in 2020, the Magnificent Jewels sale in Hong Kong in July was up 45% from the previous comparable sale in October 2019, realizing the highest value jewelry sale worldwide across all auction houses to date. The latest market report shows these exceptional results for Sotheby’s and for the jewelry market in Asia. These statistics can reveal much about overall trends, opportunities, and what we may expect in the coming months. Click on the report to read more.
ONLINE ONLY SALES
AUCTION RESULTS | 5-11 JULY 2020
Market Report: Stellar Auction Results, Innovation Propel Sotheby’s Forward in 2020
Hong Kong Autumn Sales Results
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