How To Sell Multimillion-Dollar Art At Christie's

John Hays has been an auctioneer for nearly four decades, and he's brought in nearly $1 billion in sales. He showed us what it takes to be an art auctioneer at Christie's.

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How To Sell Multimillion-Dollar Art At Christie's

[nickgehr]

I should ask this man to sell my 5 years old brother's drawing

[KEVINCELLULAR]

Me watching this with $3.09 in my bank account

[ninjuric]

Leonardo's painting sold for 450 million dollars (with fees) but in the auction they sold it for 400 million... So 50 million dollars in fees... LOL wth

[Phlegethon]

Oh this is where those art history majors go

[TheRealCartman]

Correction required - Salvator Mundi ALLEGEDLY by Leonardo DaVinci. There are well documented issues with this painting and it may have come from DaVinci workshop or from one of his students but the master may not have painted any of it himself.

[tjmmcd]

True story. My neighbor likes arts and crafts and made a bunch of bright red 1' square glossy hearts. She sold about 10 of them for $30 each to a local store that sold 'em for $50. She sold another, just like the other to a local art gallery for $300! He later sold it for $475. The purchaser might not be too happy upon seeing it for $50 in a store a few blocks away, lol.

[annenguyen]

0:00 what my math teacher sounds like explaining a math lesson to the class💀

[hueylong]

I love his auctioning style, really a talented man Honestly

[kodishim]

Wait what? "500 Auctions in his 36 year career". That averages 1.15 auctions a month. Just one day of work a month?

[dontkilltheking]

I don’t sell million dollar art. But this week I sold 13 of my art pieces. And made a little over $2000. I’ve been doing art for under a year

[riverafranzjethrod.]

auctions are not always expensive, its also a great way to find bargains for example if an auction house host a major auction of furniture, art, jewelry and more ( specially online auctions ) chances are the estimate of the items does not mean it will always sell at that price sometimes the item/lot was sold ( including fees ) 15 to 60 percent less than the estimate.

[zuko]

A bunch of rich people in a room stuttering numbers

[ridgelybrewer]

Using a Bic seems a little out of touch when auctioning of multi-million dollar works of art!

[MrBlazingbanana]

John: “Coolness of an airline pilot”
“Humor of a stand-up comedian”
Also John: no different to selling a cow

[Commaoligarch]

Ladies and gentlemen. This is how Billionaires outdo each other in terms of money.

"This guy just bid 150M for that piece, if i do 160M, He'll have to pay more money muahahaha"

"200M" *Snickers inside*

[xreak]

They need to “approve” the auctioneers bowtie but they let him walk on stage with a bic pen? Bruh, where’s your Mont Blanc?

[sharksport]

I bought that wood sculpture behind him at 2:25

[ort]

Would like to know how much he gets paid; how his pay structure actually works...
Simply salary?
Paid per auction, depending on the profile of the lots?
Percentage based somehow?
Really intrigued.

[airportexpert]

The title of this video should be "How to Launder Money Through Art".

[pianoonparade]

That micro mosaic though... What a gorgeous piece 😲