Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Sotheby’s London Contemporary Day Sale Lots Rise in Average Value by 35%

February 11, 2016 by Marion Maneker

2016 February Day Sale = £16,164,500 GBP (23,453,073 USD)

163 lots sold with an  average lot value around £100,000

2015 February Day Sale = £16,915,189 (25,785,514 USD)

231 lots sold with an average lot  value around £75,000

The folks at Sotheby’s did a little quick math on their London day sale of Contemporary art. This February the sale total was down about 4.4% year over year with 30% fewer lots sold.

That means Sotheby’s Contemporary Day sale average lot value rose substantially by nearly a third.

More from Art Market Monitor

  • LAMoCA Endowment to Get Kickstart from ArtistsLAMoCA Endowment to Get Kickstart from Artists
  • A Muse You Can UseA Muse You Can Use
  • Miami Condo Market Slows, Possible Tell for Contemporary ArtMiami Condo Market Slows, Possible Tell for Contemporary Art
  • Francis Bacon’s Bullfighter Study Offered in Christie’s London Prints SaleFrancis Bacon’s Bullfighter Study Offered in Christie’s London Prints Sale
  • Another Prediction of a Contemporary Art CrashAnother Prediction of a Contemporary Art Crash
  • Five Out of 10Five Out of 10

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor