Auction Analysis: Italian Sales in London – Oct 2016

  • Analyst:
  • Pages: 7
  • Access: Analyst
Italian Sales in London down 50% from 12 months ago

The Italian sales (evening) during London’s Frieze week raised a total of £34,830,800 (excluding buyer’s premium), just below the low end of the pre-sales estimate range of £37,648,800 to £53,120,200. The sales total between Sotheby’s and Christie’s came in 49.8% lower than October 2015 and 39.2% lower than October 2014. This brought the sales levels back to October 2013, and signals a slowdown in the Italian auction market in line with what we have experienced in the overall US and European Post- War and Contemporary art market since November 2015.

Report Content:
Comparative Performance (Christie’s and Sotheby’s)
Total sales vs estimate (2005 – 2016)
Average prices 2005 – 2016
Top 10 Auction Prices
Auction Heatmap (visual representation of the auction rhythm)
Top 25 ‘All Time’ Italian Auction Records
Alberto Burri Market Focus

Italian auction sales in London down 50% from 12 months ago