The Single Owner market peaked in 2022 amongst blockbuster sales. However, the momentum has reversed in the last 20 months – Single Owner collections selling at auction now only account for 9.7% of the global sales value.
On the back of political uncertainty, economic slowdowns and a lack of trophy lots hindering sellers’ appetites, what impact are Single Owner collections having on the art market? 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 decade.