(Artdaily) - Sotheby’s Wine auctions in 2011 brought an overall global total of US$85,467,096; this is almost equal to last year’s figure of $88.27 million. The 2011 figure is the second highest in the company’s forty-one years of wine auctions. This year, 23 wine auctions were held worldwide, comprising 13 in London, six in Hong Kong and four in New York. The sales saw a strong average sell through rate by value of 96%.