Artnet News seems to have had a soft launch late last week. Included in the stories is this look at Anselm Reyle’s market declining market. The author presents this as a tale of decline but the charts show some interesting patterns. Namely, although Reyle’s prices are down substantially from the frenzied moments of 2008, there was an uptick in the sell-through rate (chart above) and, even more striking, the works that do sell still sell close to the top end of the estimate range.

In other words, though Reyle’s market lacks upward momentum in sales volume and average price, it remains an orderly market:

Reyle’s overall value according to arnet Analytics’ most recent index report is down to an all-time low of only 31% of its peak value, which occurred in 2008, just two years after his work entered the secondary market. In the meantime, while the artnet Contemporary 50 and S&P500 indices fell 40% and 22%, respectively, to their lows in 2009, both have rebounded to sit today at 147% of their 2008 values.

Reyle’s sell-through rate at auction tells a similar story. While a below average showing of on 61% in 2009 can more or less be cast aside due to the sluggish market worldwide that year, it’s in 2012 that the artist saw the least interest in offerings of his work at auction, with just 19 of 40 works offered, or 48% finding successful bidders. However, demand, if not his price point, does appear to be rising once again. Over the past year, Reyle’s sell-through rate jumped back to 73%, just 2.25 points behind his lifetime average.

Market Analysis: What Now for Anselm Reyle After He’s Shuttered His Studio? (Artnet News)