Sotheby’s marquee spring series achieved $3.7b

The firm’s exhibition preview wooed nearly 15,500 visitors.

In its 50th year in Asia, Sotheby’s marquee spring series drew nearly 15,500 visitors, already achieving $3.7b (US$472m) with a further three sales.

Highlights in the exhibit include the strong performance of Chinese Art. Amongst the data are 87% of lots found buyers whilst more than half the sold lots achieved prices in excess of their high estimates.

There are 21 auction records set and multiple sales were livestreamed worldwide, luring over 5.2m views across 14 digital and social platforms.

The Sales attracted strong participation from collectors aged 39 and under, accounting for almost a third of bidders.

“Our marquee Spring series marks yet another triumphant act in Sotheby’s landmark year as we celebrate our 50th anniversary in Asia. From exceptional objects to outstanding results, it has been a privilege to welcome collectors globally to mark our anniversary and we look forward to carrying on with the celebrations throughout the year,” said Nathan Drahi, managing director of Sotheby’s Asia.