Christie's - 20th / 21st Century: London Evening Sale
March 7th, 2024 - London
Executive Summary
The "20th/21st Century London Evening Sale" showcased an impressive 86.25% sell-through rate with 69 lots sold, accumulating over £107 million in hammer prices and culminating in a total auction value of over £137 million. This outcome highlights robust demand and collector confidence in high-quality and rare artworks from the 20th and 21st centuries. The significant total buyer's premium of over £23 million underscores the added value buyers are willing to pay, reflecting the auction house's expertise and the competitive bidding environment. With an average price per lot nearing £2 million, the auction presented a carefully curated selection of premier works, attracting heavyweight collectors and institutions.