Auction Analysis: London Impressionist & Modern Art Evening Sales – February 2019
|Report Type||Artist Report|
The February Impressionist & Modern sales at Sotheby’s and Christie’s in London totalled £167,180,000 across the three evening sales, representing a decrease in the hammer total of 16.5% from February 2018. The combined sales total ended up well below the pre-sale estimate of £199,420,000 – £266,830,000.
About this report:
This report presents an in-depth analysis of Impressionist & Modern art Evening sales at Christie’s and Sotheby’s in London, and provides a comparison of auction trends between the two auction houses. The analysis also provides analytical tools looking at annual trends between 2012 and 2019.
What is new in this report?
Based on feedback from our readers we have added a new section, which provides a detailed list of all the lots in the auction with its sales (hammer) prices. The list also includes list of guaranteed lots and the number of the winning paddle. We have also expanded the breakdown of the auction sale by gender, artist nationality, medium and price segment.
Who is it for?
This report is popular among dealers, auction houses and collectors, who want to get an in-depth understanding of the market trends in the Impressionist & Modern art auction market, and are looking for an analysis of the comparative performance between Sotheby’s and Christie’s in the first part of 2018.
Impressionist & Modern Art Evening sales down 16.5% from last year: At £167.2 million, London’s June Impressionist & Modern evening sales were down 16.5% from 2018, and 28.8% from 2016
Sotheby’s Impressionist & Modern Art Evening Sale was down 39.1% from February last year. Sotheby’s total market share came in at 37.7% (down from 51.7% in February 2018, and 65.7% in February 2016).
Christie’s adds more guarantees: Christie’s gave guarantees for 11 lots in total (40.7% of the total sale value by volume).
ArtTactic also offer bespoke reports on the Impressionist and Modern market. For further information please contact us on firstname.lastname@example.org.
Comparable Performance: Impressionist & Modern art auction sales performance comparison between Sotheby’s and Christie’s in New York including: Total sales vs Estimates, Average Prices
Auction Lot Details: Details on the full auction including: hammer prices, guarantees, bought-in lots and winning paddle numbers.
Auction Overview: Top selling artist by value and numbers and a breakdown by type of Auction Bids.
Top 10 Prices: Ranking by the highest prices achieved and by top price-to-estimate performance.
Auction Guarantee Analysis: Auction guarantee breakdown and analysis for Sotheby’s and Christie’s.