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
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