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Auction Analysis: Post-War and Contemporary Evening Auctions – March 2019

  • Analyst: Lindsay Dewar
  • Pages: 20
  • Access: Analyst

New York’s evening sales of Post-War and Contemporary art down 26.4% from March 2018

The Post-War and Contemporary art evening sales in New York last week raised a total of £179,440,000* (excluding buyer’s premium), just inside  the total pre-sale estimate of £170,820,000 – £227,450,000; a 26.4% decrease from March 2018 and 7.7% lower than the sales total in March 2017.

Financial guarantees decrease 20.3% by value in the last 12 months

The overall value of guarantees (based on the low estimate) decreased by 20.3% from November last year, accounting for £91.5 million based on the low estimate of these lots.

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 March 2019. The analysis also provides analytical tools looking at annual trends between 2009 and 2019.

What is new in this report?

Based on feedback from our readers we have added a new section, which provides a detailed list of all the lots in the auction with its sales (hammer) prices. The list also includes list of guaranteed lots. We have further expanded the Guarantee Analysis in the report as well as the overview Auction Analysis.

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 two top auction houses this year.

ArtTactic also offer bespoke reports on the Post-War and Contemporary market. For further information please contact us 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 New York 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 Guarantee Analysis: Auction guarantee breakdown and analysis for Sotheby’s, Christie’s and Phillips.

London’s Evening Sales of Post-War and Contemporary Art down 26.4% year-on-year.