Auction Analysis: New York Marquee Evening Auctions – November 2023
- Analyst: Lindsay Dewar
- Pages: 38
- Access: Analyst
Top end of the auction market recovers after a weak Spring season
After a weak sales season in May this year, which saw auction sales decline by 42% from May 2022, the November Marquee week showed positive signs of recovery. New York’s Marquee evening sales at Sotheby’s, Christie’s and Phillips this November raised a total of $1.56 billion, against the pre-sale estimate of $1.51 billion to $2.00 billion. The results were 31.1% lower than November 2022 and 19.7% lower than November 2021, but came in 29.8% higher than May 2023. Overall, New York Marquee evening sales this year (May and November) are down 36.1% compared to the same period in 2022.
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 New York in November 2023. The analysis also provides analytical tools looking at annual auction trends between 2015 and 2023, and a specific section focusing on the auction guarantee trends.
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.