Auction Analysis: London Impressionist & Modern Art Evening Sales – June 2019
|Report Type||Auction Analysis|
London’s Evening Sales of Impressionist and Modern Art down 37.7% from June 2018, however, Sotheby’s June sale sees 13.1% increase year-on-year.
The Impressionist and Modern art evening sales in London this week raised a total of £115,360,000* (excluding buyer’s premium), falling short of the total pre-sale estimate of £151,650,000 – £211,050,000. The sales total was 37.7% lower than June 2018, and also represented an decrease of 54.5% from June 2017.
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.
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 half of 2019.
Impressionist & Modern Art Evening sales down 37.7% from last year: At £115.36 million, London’s June Impressionist & Modern evening sales were down37.7% from June 2018.
Sotheby’s reclaims market share, accounting for 73.5% of the sales. The performance of Sotheby’s top lots helped to reverse its downward market share trend. The sale had a strong sell-through rate of 92.0% as only 2 lots failed to find buyers.
ArtTactic also offer bespoke reports on the Impressionist and Modern market. For further information please contact us on email@example.com.
Comparable Performance: Impressionist & Modern art auction sales performance comparison between Sotheby’s and Christie’s in London including: Total sales vs Estimates and 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.