Auction Analysis: Post-War and Contemporary Evening Auctions – November 2018
|Report Type||Auction Analysis|
New York’s evening sales of Post-War and Contemporary art up 8.3% from May 2018
The Post-War and Contemporary art evening sales in New York last week raised a total of $849,430,000* (excluding buyer’s premium), just inside the total pre-sale estimate of $841,320,000 – $1,142,380,000; 8.3% increase from May 2018 and 34.1% higher than the sales total in November 2017.
Financial guarantees increase 42.3% by value in the last 12 month
The overall value of guarantees (based on the low estimate) increased by 42.3% from November last year, from $377.5 million to $537.17 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 New York in November 2018. The analysis also provides analytical tools looking at annual trends between 2008 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. 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.
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.