Auction Analysis: London Post-War and Contemporary Evening Auctions – October 2019
- Analyst: Lindsay Dewar
- Pages: 18
- Access: Analyst
London’s evening sales of Post-War and Contemporary art down 17.7% from October 2018
Since London’s post-war and contemporary art evening auctions reached their peak in October 2017, the market has experienced two consecutive seasons of decline, 9% between 2017 and 2018, and a further 18% between October 2018 and October 2019.
London Autumn auction sales were tepid with top lots pulling the weight
Christie’s, Sotheby’s, and Phillips post-war and contemporary art evening sales raised £120,985,000 last week, surpassing the pre-sale low estimate of £109,910,000. The sales total is down 17.7% from October 2018. Top lots added significant padding to sales totals for all auction houses proving to be crucial.
About this report:
This report presents an in-depth comparative analysis of the Post-War and Contemporary art evening sales at Sotheby’s, Christie’s and Phillips in London in October 2019. The analysis also provides analytical tools looking at annual trends between 2009 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 auction trends in the post-war & contemporary art auction market and follow the performance of the three top auction houses this year.
ArtTactic offers bespoke reports on Post-War & Contemporary artists and other market sectors. For further information and a quote please contact Anders Petterson on info@arttactic.com.
Analytical tools:
Comparable Performance: Post-War and Contemporary art auction sales performance comparison between Sotheby’s, Christie’s and Phillips 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.
Auction Forecast Analysis: Auction sale price forecast and consensus analysis for Sotheby’s, Christie’s and Phillips.