22
KEY
TAKE
AWAYS
• These artworks very rarely appear at auction.
• They realised the lowest average sales price among all periods.
• They represent only 0.3% of Bacon’s total sales revenue at auction.
Lots sold above high estimate Lots sold within their estimates
33.3%
66.7%
Market share of paintings created between 1929-1943
B ACO N’S F I R S T A R T I S T I C P E R I O D (1 9 2 9-1 9 4 3)
Early
Years
2
3
4
1
2 0 1 5 2 0 1 6 2 0 1 8 2 0 2 0 2 0 2 2 2 0 0 3 2 0 0 4 2 0 0 6 2 0 0 8 2 0 1 0 2 0 1 2 2 0 1 7 2 0 0 5 2 0 1 9 2 0 0 7 2 0 2 1 2 0 0 9 2 0 1 1 2 0 1 3 2 0 1 4
2M
4M
6M
8M
10M
5
2M
4M
6M
8M
10M
Price
Volume
Average sales price
Sales
Revenue
$9.6 M
3
Lots offered
1
Repeat sales
3
Lots sold
11.2%
Average
CAGR
100%
Sell-through
rate
54.8 %
Average price
to mid-estimate
ratio
$3.2M
Average
price
33.3 %
Lots sold
above
mid-estimate
