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Single Owner Collection Auction Analysis – November 2022
- Analyst: Lindsay Dewar
- Pages: 22
- Access: Analyst Pro
ArtTactic is delighted to launch its third report on the auction market for Single Owner Collections at Sotheby’s, Christie’s and Phillips between 2016 and 2022 (YTD). This report aims to provide new data, trends and insights into the growing importance of Single Owner collection sales in today’s art market.
In last year’s report we discussed the impact of the global wealth transfer taking place between the baby boomer generation and the younger generations. The trend is becoming ever more evident in the global art market. This year generated a record number of Single Owner collections coming to the auction market, resulting in a 64.2% increase in single owners sales value from the last peak in 2021. Single Owner collections now account for 31% of total auction sales by the auction houses.
This report provides new data, trends and insights into the growing importance of Single Owner collection sales at Sotheby’s, Christie’s and Phillips over the last 7 years. The analysis is based on 989 auctions, and over 140,000 lots sold during the period 2016 to 20th November 2022.
If you are interested in a bespoke auction analysis – please contact us on email@example.com and we would be delighted to give a you a quote on bespoke package.
Who is it for?
This report aimed at investors, dealers, auction houses and collectors, who want to get an in-depth understanding of the impact of single owner collection auctions on the art market and the performance of various collecting categories.
Selected Report Findings:
Single Owner collections account for almost a third of total sales by Sotheby’s, Christie’s and Phillips in 2022
Online-Only Single Owner auctions peaked in 2021, as in-person auctions return
New York remains the key hub for Single Owner auctions, whilst Hong kong asserts its position as the second top location
White Glove sales accounted for 71.7% of total Single Owner sales in 2022
Single Owner Collection Trends 2016-2022 by value and lots
Single Owner Collection Trends 2016-2022 by collecting category
Single Owner Collection Trends 2016-2022 by location
Top 25 Single Owner Collections 2016-2022
In Focus: The Collectors