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Auction houses enjoy $2.7B frenzy

May 15, 2015 4:36 AM ETSotheby's (BID) StockBIDBy: Yigal Grayeff, SA News Editor2 Comments
  • A two-week frenzy of auctions at Christie's, Sotheby's (NYSE:BID) and Phillips is set to end today, with a record $2.7B worth of art having changed hands so far.
  • The figure trumps the $2.3B sold in November and the $2.2B a year ago.
  • Among the highlights was Pablo Picasso painting "Les Femmes d'Alger (Version "O")," which fetched $179.4M.

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