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- Christie’s Annual Sales Grew Again, Thanks in Part to Successful Luxury Car Auctions
Christie’s Annual Sales Grew Again, Thanks in Part to Successful Luxury Car Auctions
12.01.2026
Right before Christmas, Christie’s auction house published optimistic sales results, signaling that after three years of declining revenues, things were looking up again last year. In 2025, the company earned $6.2 billion, an increase of 6 percent. In January, it will hold its first-ever European auction of collectible cars, where it expects to see excellent results.
The most expensive publicly auctioned work of art last year was Mark Rothko’s No. 31 (Yellow Stripe) from 1958, which sold for $62.1 million in Manhattan in November. The largest year-on-year increase was recorded in the old masters category, which rose by 24% to $182 million. This was undoubtedly helped by the record-breaking sale in London of Canaletto’s painting of Venice, which went for $43.9 million.
The company also stated that the most exclusive transactions last year took place behind closed doors—Christie’s collected its three highest amounts in private sales, which totaled $1.5 billion. Sales of luxury goods grew significantly, by 17% to $795 million.
Christie’s is reaping the rewards of its 2024 acquisition of Gooding, which specializes in auctions of luxury collector vehicles. A new record in Gooding’s 22-year history was set with the sale of a 1961 Ferrari 250 GT SWB California Spider Competizione, which sold for $25.3 million under the new brand. Overall, this section recorded a year-on-year growth of 14%.
Christie’s Gooding is preparing its first European auction at the end of January. Under the title Rétromobile Paris, it will offer 82 exceptional vehicles from the world’s most renowned automobile brands, with historic and modern Ferrari supercars taking center stage. The estimated auction prices for the most valuable exhibits of this brand range between €6 and €7 million. It will soon be revealed whether these icons with the prancing horse logo will set new sales records on January 29th.
