Art Market Monitor

Global Coverage ~ Unique Analysis

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

American Art May 2017 Sales Analysis

July 6, 2017 by Marion Maneker

John Singer Sargent, Robert Brough ($60-80k) $523k

The full analysis of the New York American art sales—including charts of individual artists' markets—is available to AMMpro subscribers. Monthly subscriptions begin with the first month free. You are welcome to cancel your subscription before the end of the month and pay no fee.

The American art sales in May 2017 were weak despite the headline sales of two major works—a Frederic Remington bronze that sold at the top of the estimate range and a Norman Rockwell painting that doubled the high estimate—which can be seen in the sell-through rate and breakdown of the results.

The hammer total of $65.365m was below the $67.34m aggregate low estimate. That gives the sale an overall hammer ratio of .97.

The premium sales total was $78m which means the buyer of an average lot among the 207 sold paid slightly more than a quarter of a million dollars. That’s significant price level for a category that has more sellers than buyers as evidenced by the 69% sell-through rate.


Sign up to Art Market Monitor Premium today

You need a membership to AMMpro to view this article and other exclusive content daily.

You can register today for $90 per month—with your first month free!—or for $756 per year (no free trial period.)

Screenshot 2016-08-05 16.28.45

If you already have an account, sign in here:

 
 
Forgot Password

Filed Under: Auction Results, Premium

About Marion Maneker

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

Top Posts

  • After Pandemic’s Rapid Change, Sotheby’s Has 8 Predictions for 2021
  • A Season of Improvisation: Fall 2020 New York Modern and Contemporary Art Auction Analysis
  • Tony Podesta's Secret Art Buying
  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Basquiat's Last Girlfriend
  • How to Chant Like an Auctioneer
  • Phillips Includes $2.5m Norman Rockwell Painting in November Evening Sale
  • 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