Average resale returns continue to fall
The Hong Kong Marquee Evening sales in Autumn 2023 saw 51 lots returning to the auction market with a combined low estimate of $73.5 million, accounting for 40% of the total evening sales value. This analysis takes a closer look at the performance of these repeat auction sales and the relationship between holding periods and return on investment.
This report includes:
- Resold Lots Analysis
- Top 10 Resold Lots by Annual Return and Holding Period
- Top 30 Ranking Table (Resold Lots by Annual Return)
- Worst Performers Table (Resold Lots by Negative Annual Return)
- 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 info@arttactic.com.