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Auction Analysis: Post-War & Contemporary Evening Auctions – May 2018

Published
No. Pages16
Report TypeAuction Analysis

Sotheby’s, Christie’s and Phillips raised $784.5 million during their three Post-War and Contemporary evening sales in New York last week, against a pre-sales estimate of $693.2 m – $904.6m. This was 3.6% higher than May 2017. Christie’s came in with the highest market share this season, accounting for 45.9% of total sales (down from 51.3% in May 2017).

About this report:

This report presents an in-depth comparative analysis of the Post-War & Contemporary art evening sales at Christie’s, Sotheby’s and Phillips in New York in May 2018. The analysis also provides analytical tools looking at annual trends between 2007 and 2018.

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 and the number of the winning paddle.

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 top three auction houses in the first 5 months of 2018.

 


Analytical tools:
Comparable Performance: Post-War & 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, bought-in lots and winning paddle numbers.
Auction Overview: Top selling artist by value and numbers and a breakdown by type of Auction Bids.
Top 10 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.
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At $784.5 million, New York’s post-war & contemporary evening sales reached the highest sale total since November 2015