Data Tools
| Repeat Total Auction Sales | PNG CSV |
|---|---|
| Holding period vs Annual Rate of Return of Repeat Sales | PNG CSV |
| Repeat Sales Value by Movement Category | PNG CSV |
Resale Analysis: Marquee Evening Sales, Hong Kong – Spring 2023
- Analyst: Lindsay Dewar, Megan Brown
- Pages: 10
- Access: Analyst Pro
Seven in ten lots sell with a positive return
The Hong Kong Marquee Evening sales in Spring 2023 saw 60 lots returning to the auction market, for the second, third or fourth time with a combined low estimate of $95 million, accounting for 33.6% of the total evening sales value. 71.7% of these lots sold with a positive return. The large majority (95.2%) of lots (20 lots out of 21) that were held for over 10 years sold at a higher price than their previous price achieved at auction. However, artworks held for less than 10 years showed a more patchy performance, with 38.9% of these lots (14 lots out of 36) selling below the previous auction price.
This report includes:
– Resold Lots Analysis
– Top 10 Resold Lots by Annual Return and Holding Period
– Top 30 Ranking Table (Resold Lots by Annual Return)
– Worst Performers Table (Resold Lots by Negative Annual Return)
– Focus: Multiple Resales
– Focus: Artist Ranking by number of lots resold
BESPOKE: If you are interested in looking at the level of market momentum for a particular artist’s market, please contact us and we can give you a quote for a bespoke artist report. Please contact us on info@arttactic.com.