This year-end report highlights a luxury auction market that continues to evolve, marked by growing volumes, stronger online performance, and shifting geographic leadership. In 2025, luxury collectibles achieved their highest market share since 2015, supported by rising sell-through rates and a sharp increase in online-only auction activity. Growth in the number of lots sold, particularly through digital channels, underscored renewed market confidence.

Against this backdrop, the report provides a comprehensive analysis of the luxury collectibles auction market from 2015 to 2025. It offers a detailed view of performance across the world’s leading auction houses, highlighting long-term trends, identifying where momentum is building, and comparing outcomes across a decade of data. An essential resource for collectors, advisors, and investors, the report is designed to support informed decision-making in an increasingly complex luxury auction landscape.