Robust Resale Performance in New York Auctions

The New York Marquee Evening sales in November 2023 saw 69 lots returning to the auction market (compared to 81 lots in November 2023) with a combined premium value of $291.2 million (compared to $439.3 million in November 2023). The total sales of these repeat sales accounted for 27.3% of the total evening sales value.

This analysis takes a closer look at the performance of 51 of these repeat auction sales that we were able to identify and the relationship between holding periods and return on investment

– Top 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