This detailed analysis of the 2020 Mid-season Contemporary sales is available to AMMpro subscribers. Subscriptions begin with a free month for the curious. Feel free to subscribe for the first month and cancel before you are billed. 

Running concurrently each year with the New York ADAA Art Fair and the Armory Show, the March contemporary art sales, offer a range of works by emerging and established artists. These sales performed well but on par with the same sales in 2019. The combined total from Sotheby’s, Phillips and Christie’s reached $61.8m, a minor decline from the $63m achieved last year. The figures represent a plateau for this sector of the market over the past two years, maintaining a near $10M net gain from 2018’s $53m combined total.

This report on Sotheby's March 2020 Contemporary Curated sales is available to AMMpro subscribers. Subscriptions begin with a free month for the curious. Feel free to subscribe for the first month and cancel before you are billed. 

On Friday, Sotheby’s New York Mid-season Contemporary Curated sale achieved a total of $31.8 million, sustaining bidding across two sale sessions for its vast range of contemporary lots with several key works anchoring the sale’s stable outcome. This figure is down from the previous year’s equivalent sale, which reached $36.8 million carrying an 83.4% sell-through rate for a group of 265 lots, the highest total result in the series history.

This report on Christie's 2020 Postwar to Present sale is available to AMMpro subscribers. Subscriptions begin with a free month for the curious. Feel free to subscribe for the first month and cancel before you are billed. 

On Thursday, Christie’s New York Mid-season Postwar to Present sale which offers an array of variably priced contemporary works saw solid results with an 84% sell-through rate by lot, achieving a total of $22 million. This figure is up slightly from the previous year’s comparable sale, which achieved $20.9 million with a 75% sell-through rate. The auction sustained active bidding across two sale sessions for its vast range of lots with several key works anchoring the sale’s stable outcome.

This report on Phillips's 2020 New Now mid-season Contemporary sale is available to AMMpro subscribers. Subscriptions begin with a free month for the curious. Feel free to subscribe for the first month and cancel before you are billed. 

Phillips New York edition of its Mid-season New Now sale of contemporary art saw staggering results with a 92% sell-through rate, achieving a total of $7.9 million. That's the the highest grossing Spring midseason yet auction at Phillips. That $7.9m figure is up substantially from the previous year’s comparable sale, which achieved $5.2 million. Although the previous year's sale had a smaller group of lots, 168 last year compared to this year’s 195, the increase in value was not a function of the rise in lots offered or sold. With only one work withdrawn before bidding began, the auction sustained high interest across a majority of its varied lots and a strong performance among key works.