OM_Auctions_July_2023 (Cover – Framed)

Auction Analysis: London Old Masters Auctions – July 2023

  • Analyst: Eilidh McClafferty
  • Pages: 28
  • Access: Analyst

London’s Evening Old Masters Sales up 168% from July 2022

Efforts to revitalise the Old Masters market seem to be yielding positive results, as indicated by the July London Evening sales. The total sales value skyrocketed to £77.3 million (excluding Buyer’s Premium), marking a substantial increase of 168% from July 2022 and rise of 106% from December 2022.

About this report:

This report presents an in-depth comparative analysis of the Old Masters evening sales at Sotheby’s and Christie’s in London in July 2023. The analysis provides analytical tools looking at annual trends between 2010 and 2023. The report also features Resold Lots Analysis, and focuses on Old Master Drawings and Days Sales during the Summer period.

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 Old Masters auction market and follow the performance of the two top auction houses this year.

Analytical tools:
Comparable Performance: Old Masters auction sales performance comparison between Sotheby’s and Christie’s in London 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.
Resold Lots: Resold Lots Analysis including top 10 Resold Lots by Annual Return and Holding Period and focus on Multiple Resales
In Focus: Old Masters Day Sales
In Focus: Old Masters Drawing Sales