Christie's - Contemporary Edition: New York

Executive Summary

The "Contemporary Edition: New York" auction showcased a buoyant market for contemporary art with an impressive 83.55% sell-through rate for its 152 total lots. Demonstrating substantial economic vitality within this sector, the auction accumulated just over $2 million in total value, with a hammer price aggregate of approximately $1.59 million. This success reflects robust base prices achieved before accounting for buyer's premiums. An average lot price of $15,767.36 indicates a market that, while offering works at moderate pricing levels, also includes pieces that attract significant interest and valuations.