Christie’s Sells $7.1 Billion in Art, the Highest in Five Years

Hedging against inflation by driving up prices of art pieces!

"All three of the world’s chief auction houses have recently reported strong sales, citing, among other factors, millennial collectors who showed up during the pandemic eager to splurge."

Christie’s Sells $7.1 Billion in Art, the Highest in Five Years - WSJ (behind paywall) Meanwhile, Phillips reports $1.2 billion in sales as major auction houses credit influx of millennials and first-time buyers with propelling art sales