Auction Analysis: London Marquee Evening Auctions – June 2022
- Analyst: Lindsay Dewar
- Pages: 30
- Access: Analyst
London Marquee Evening Auctions show mixed results
Despite increasing economic uncertainty and stock market volatility, the Marquee evening sales at Christie’s, Sotheby’s and Phillips in London this week raised a total of £295 million, against the pre-sale estimate of £287 million to £392 million. This was a 27.7% year-on-year increase from June 2021. The positive results were fuelled by Christie’s £160.8 million evening sales, accounting for 54% of the sale total. Sotheby’s came in at £120.1 million, below the low pre-sale estimate of £137 million and 7.8% lower than June 2021. Phillips re-entered the London summer season, after two years of absence, with a £14.3 million sales total (just above the low estimate of £13.6 million), but significantly lower than pre-pandemic levels.
About this report:
This report presents an in-depth comparative analysis of the Impressionist, Modern, Post-War and Contemporary art evening sales at Sotheby’s, Christie’s, and Phillips in London in June 2022. The analysis also provides analytical tools looking at annual trends between 2012 and 2022.
Who is it for?
This report is popular among dealers, auction houses and collectors, who want to get an in-depth understanding of auction trends in the Impressionist, Modern, Post-War and Contemporary art auction market and follow the performance of the top auction houses this year.
ArtTactic offers bespoke reports on Impressionist, Modern, Post-War and Contemporary artists and other market sectors. For further information and a quote please contact us at info@arttactic.com.