Photography Market – 1st Half 2018
|Report Type||Auction Analysis|
About this report:
This report presents 6 monthly auction trends between 2010 and 2018. The auction analysis is part of ArtTactic’s 6 monthly reports on the dedicated photography auctions at Christie’s, Sotheby’s and Phillips in London, New York and Paris. This analysis does not take into account photographs sold at other sales, such as Post-War & Contemporary day and evening sales and other more general sales.
Who is it for?
This report is popular among art advisors, auction houses and photography collectors who want to get an overall feel for the current market trends, yet an in-depth view into some of the key current sales dynamics in photography.
Photography Auction Sales down 29.8% in 1st half of 2018: Sales at Christie’s, Sotheby’s and Phillips dedicated photography seasons have seen a 29.8% decrease in 2018, after a strong second half of 2017.
First half of 2018 sees the contemporary photography market accelerating: In the first 6 months of 2018, the contemporary photography market controlled a 37.6% market share – up from 24.5%.
Phillips is leading the market: With total auction sales total of $7,879,092, Phillips accounted for 41.0% of the total value of photography auctions (in comparison to 30.7% six months ago).