RESALE-Marquee_Evening_Auctions_London_October_2023 (Cover Framed)

Resale Analysis: Marquee Evening Sales, London – October 2023

  • Analyst: Lindsay Dewar, Megan Brown
  • Pages: 10
  • Access: Analyst Pro

Average resale returns continue to fall

The London Marquee Evening sales in October 2023 saw 45 lots returning to the auction market with a combined low estimate of $75.6 million, accounting for 40.5% of the total evening sales value.  The average annual rate of return for the repeat sales this October was +3.7% (not adjusted for inflation), compared to +16.9% in October 2022.

This analysis takes a closer look at the performance of these repeat auction sales and the relationship between holding periods and return on investment.

– Top 20 Ranking Table (Resold Lots by Annual Return)
– Worst Performers Table (Resold Lots by Negative Annual Return)
– Bought In Table
– 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