Sotheby’s announced 2023 consolidated sales of $7.9 billion, almost matching its 2022 record of $8 billion. Auction sales were $6.5 billion, with luxury auctions up 4 percent at $2.2 billion, and private sales rose from $1.1 billion to $1.2 billion. The year featured 143 single-owner auctions, bringing in $1.3 billion, with notable collections like Emily Fisher Landau and Mo Ostin. The top lot was Picasso’s “Femme à la montre,” selling for $139.4 million. Sotheby’s plans to expand in Hong Kong and Paris while preparing for a move to the Breuer building in Manhattan next year. In contrast, Christie’s reported 2023 sales of $6.2 billion, down from $8.4 billion in 2022, with its highest-ever sales attributed to Paul Allen’s collection.