Christie's - 19th Century American & Western Art

Key Insights

• The 19th Century American & Western Art Auction held by Christie's in New York featured a curated selection of artworks, showing a strong 84% sell-through rate with 84 out of 100 lots sold, indicating significant demand in this category.
• Highlights from the auction include the highest-priced lot by Martin Johnson Heade at $2,626,446, followed by Thomas Moran's $1,626,446 piece, showcasing strong market demand and high prices for significant 19th-century American and Western artworks.
• The price per square centimeter analysis reveals a wide range of values, with Martin Johnson Heade commanding the highest price per square centimeter at $1,647, indicating substantial premiums for acclaimed artists like Heade and Moran.
• The distribution of sales within the 19th Century American & Western Art category shows a concentration of financial value in the high-end market, with the "> $100,000" category dominating at 81.39% of the total auction value, highlighting a market dynamic focused on high-value works.
• The pie chart categorizing sold art lots into different hammer price ranges suggests a diverse market, with a significant leaning towards mid-priced artworks in the $10,000 - $50,000 bracket, indicating a strong market presence in this price segment and comparable interest at higher price points.