Sothebys Auction House Scores 3.4bn in Sales

sotheby's auction house

Sothebys Auction House Scores Big!

Sothebys Auction House – This week we seem to be focusing on some serious money-makers ranging from fashion labels to art auction houses. We thought that in light of the recent economic chaos, we would shine the spotlight on the major money-makers and spenders. Who said you can’t have your cake and eat it too? Yes, the economy is what it is, but that is no reason to not invest in some priceless works of art that will sore higher than our debt ceiling. (Well, hopefully.)

Sothebys Auction House
Sothebys Auction House

Sotheby’s and Christie’s have been making some serious headlines this past year in the art world breaking all kinds of records in terms of sales. Recently, Sotheby’s surpassed Christie’s within its first half of yearly sales having made an astounding 3.4 billion dollars. China has been playing a major role in art buying this past year according to Sotheby’s and is becoming a force to be reckoned with in terms of art collectors. Let’s just say that 3.4 billion dollars is quite the pretty penny. I mean, I know I have my buried treasure chest of 3.4 billion bones buried in my back yard for a rainy day.

Versace Bed, Sotheby's
Versace Bed, Sotheby’s

All that being said, these days it’s all about making the most out of your paycheck and surrounding yourself with luxurious items. Heed my advice: there is no point in investing that hard-earned money into homes or stocks in today’s tumultuous market. Rather, spend that dough on works of art that will be worth more in the long run without the stock market crashes or foreclosures for all. Why not splurge on items that’ll make you feel good and lack worry associated with your purchases. Go out there and spend, spend, spend! Happy hunting!

Old Master Paintings Sotheby's
Old Master Paintings Sotheby’s

This design blog post about Sothebys Auction House was published by Nazmiyal Antique Oriental Rugs located in the heart of New York City, NY.