Total sales of selected leading auction houses worldwide 2020-2021, by category
Global auction sales of Christie's, Sotheby's, and Phillips increased remarkably in 2021 over the previous year, according to ArtTactic. Combined sales of the three auction houses in the category of Post-War and Contemporary Art amounted to roughly 4.1 billion U.S. dollars in 2021, rising by nearly 36 percent from 2020. Meanwhile, auction sales in the non-fungible token (NFT) segment reached over 185 million U.S. dollars that year. As of April 2021, total sales of NFTs on Nifty Gateway added up to nearly 51 million U.S. dollars.
