Christie's - 20th/21st Century: Amsterdam

Executive Summary

The recent Christie's auction in Amsterdam presented a comprehensive array of 20th and 21st-century artworks, reflecting both historical significance and contemporary relevance. The auction showcased a healthy sell-through rate of 81.33%, with a total auction value of €1,902,096.00, including buyer's premiums. Despite a strong showing in certain segments, the overall auction underperformed relative to the total median estimate. Mid-range priced works (€10,000 - €50,000) were the financial backbone of the auction, while high-value lots (€50,000 - €100,000) were fewer but contributed significantly to the total sales value. No lots surpassed the €100,000 mark, indicating a lack of ultra-high-end offerings or a market trend towards more accessible art. The auction demonstrated the market's varying appetite for different artists and mediums, with a notable performance by post-war European artists and emerging contemporary names. The value density measure, price per square centimeter, highlighted collector preferences for the intensity and compactness of artworks.