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Sotheby's March 2017 Auctions of Contemporary Art in London Achieve $164 Million (£134.7 Million) A 32.4% Increase on the Same Sales Held One Year Ago

 Sotheby's (NYSE: BID) 8 & 9 March 2017 sales of Contemporary Art in London achieved a total of $164,006,311 (£134,680,875), exceeding pre-sale expectations ($110.9-154.7 million/£91.1-127 million). The results represent a 32.4% increase in Dollars and a 57.3% increase in Pounds on the same sales one year ago.

"We are thrilled with the outstanding performance of our Contemporary Evening and Contemporary Day Sales in London," said Tad Smith, Sotheby's President & CEO. "Both sales in the

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