OM_Auctions_London_December_2023 (Cover Framed)

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Auction Analysis: London Old Masters Auctions – December 2023

  • Analyst: Eilidh McClafferty
  • Pages: 20
  • Access: Analyst

London’s Evening Old Masters Sales down 9% from December 2022

Old Master Painting sales faced a moderate year-on-year
decrease, evidenced by a 9% decline in total sales values and
an 11% drop in the sell-through rate, settling at 75%.

About this report:

This report presents an in-depth comparative analysis of the Old Masters evening sales at Sotheby’s and Christie’s in London in December 2023. The analysis provides analytical tools looking at annual trends between 2013 and 2023. The report also highlights Old Master Day Sales during the December period.

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 Old Masters auction market and follow the performance of the two top auction houses this year.

Analytical tools:
Comparable Performance: Old Masters auction sales performance comparison between Sotheby’s and Christie’s in London including: Total sales vs Estimates, Average Prices and level of Guarantees.
Auction Lot Details: Details on the full auction including:  hammer prices, guarantees and bought-in lots.
Auction Overview: Top selling artist by value and numbers and a breakdown by type of Auction Bids.
Top Prices: Ranking by the highest prices achieved and by top price-to-estimate performance.
In Focus: Old Masters Day Sales