Outcomes of gross sales performed by the famend public sale home, Christie’s, supply useful market knowledge. These outcomes sometimes embody the ultimate sale worth (hammer worth plus purchaser’s premium), particulars in regards to the bought merchandise (resembling artist, title, date, and medium), and sometimes details about the bidding course of. For example, a portray’s provenance and situation report can considerably affect its closing worth, mirrored within the documented final result.
Sale information from this public sale home function essential benchmarks for artwork market evaluation. They inform collectors, sellers, and researchers about present market tendencies, artist valuations, and the general well being of the artwork and collectibles markets. Historic knowledge from previous gross sales supplies invaluable context for understanding long-term worth appreciation and the cyclical nature of particular accumulating classes. These information contribute to a deeper understanding of artwork historical past and cultural heritage, reflecting style and demand throughout completely different eras.
