Christie's - Modern American Art

Executive Summary

Christie's Modern American Art auction in New York concluded with significant findings that delineate current market trends and collector behaviors. With 104 lots on offer, the auction achieved an 81.73% sell-through rate, reflecting healthy market demand. The total hammer price reached $10,600,300, which, when combined with a total buyer's premium of $2,686,078, resulted in a total auction value of $13,286,378. Notably, the total hammer price fell short of the total median estimate of $13,728,500, indicating a slight market contraction or conservative bidding for the lots presented.