NEW YORK, NY.- Bonnie Brennan, Chief Executive Officer, Christie's: “In the first six months as CEO, my focus has been on ensuring continuity and a global commitment to our strategy. We have achieved strong results by concentrating on what we do best – selling exceptional art and objects and maintaining a focus on delivering extraordinary service.

From our leadership in 20th and 21st Century art to record-breaking moments in Luxury and Old Masters, Christie's continues to deliver market leading results for our clients. With a stable, seasoned team driving innovation and results across categories, we have cemented our leadership in the market, and we are well-positioned for continued success in the second half of the year."

$2.1B In Auction Sales (LY $2.1B)
88% Sell Through Rate (LY 87%)
115% Index of Hammer Price to Low Estimate (LY 111%)
80% Bids Placed Online (LY 82%)
7 Of the Top 10 Works of Art Sold at Auction (LY 6)
31% Of Millennial & Gen Z Clients (LY 29%)

2025 Year To Date

In the first half of 2025, our key performance indicators, including overall sell through rate at 88% and hammer vs. low estimate index at 115%, have all showed strength and demonstrated our market leadership.

We sold the most valuable work of the year, Piet Mondrian's Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue for $47.6M in New York from the Leonard & Louise Riggio Collection which totalled $272M, the most important private collection sold this first half. Christie's sold seven of the top 10 and every one of the top four works of art at auction. In addition, overall auction sales in our leading category, 20/21, were stable to last year at $1.3B.

In the first half, Luxury sales were up 29%, which includes car sales at Gooding Christie's (up 12% without Gooding Christie's). We look forward to seeing the first sale under the new Gooding Christie's branding at Pebble Beach in August. In Jewels, Christie's has sold nine of the top 10 jewels at auction in the first half of the year and has driven growth of 25%.

The Old Master Group drove a 15% rise in auction sales in H1. Confidence for this continued momentum in the second half has been demonstrated by the record breaking $43.9M sale in London earlier this month of Canaletto's masterpiece Venice, the Return of the Bucintoro on Ascension Day.

This week we look forward to the opening of our Summer Exhibition in London Marwan: A Soul in Exile and to the 10th Art + Tech Summit being held at Radio City Music Hall in New York.

GLOBAL AUCTION FIGURES FOR H1 2025 

Auction sales: $2.1B / £1.6B / €1.8B / HK$16.1B

including online sales ($167M / £127M)

Regional Buyer Contribution at auction: Americas 45% / EMEA 34%/ APAC 21%