Short-term market con dence up 12% from last reading in September 2018: Over the last eight months, short-term confidence (6 month outlook) in Elizabeth Peyton’s market saw an increase of 11.7%. Long-term confidence also increased slightly with 33% of the experts surveyed stating that they believed this market would be of high importance in 10 years time (up from 30% in September 2018), with a further 47% saying they believe the market will remain of ‘medium’ importance.

Elizabeth Peyton’s auction market gained momentum in 2018: Peyton’s auction market reached a new peak in 2018 with total sales of $4.8 million, significantly higher than the $398,280 reached in 2017 and up 68% from the total pre-sale mid-estimate value of $2.8 million in 2018. Sales so far in 2019 are currently down during the first quarter by 35%, with total sales of $251,335, compared to $383,868 during the same point last year.

New York May auctions this week are likely to boost Peyton’s first half total: Two paintings by Peyton are coming up at Christie’s and Phillips, with a total value of $950,000 based on the low estimate, and further three drawings with a total low estimate of $65,000. It looks like Peyton’s auction total could receive a boost this week after a relatively modest start to the year.