RESALE-Marquee_Evening_Auctions_New_York_November_2023 (Cover Framed)

Resale Analysis: Marquee Evening Sales, New York November 2023

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

Average resale returns consistent

The New York Marquee Evening sales in November 2023 saw 81 lots returning to the auction market with a combined hammer value of $439.3 million, against the low estimate of $437 million, accounting for 28% of the total evening sales value. The findings show that 40% of resold lots held for less than 10 years were sold at a loss, whilst 88% of lots held for more than 10 years sold with a positive return.

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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