34
KEY
TAKE
AWAYS
•Paintings measuring over 190 cm are emblematic of Bacon’s practice.
•They account for nearly half of Bacon’s total sales revenue.
•They represent nearly a third of his market in volume.
Lots sold above high estimate Lots meeting their estimates Lots sold below their estimates
30%
13.3%56.7%
Market share of paintings measuring over 190 cm
B E S T P E R F O R M I N G A R T WO R K S
Emblematic
Scale
20M
40M
60M
80M
100M
120M
2
3
4
5
6
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
50M
100M
150M
200M
250M
300M
Price
Volume
Average sales price
Sales
Revenue
$1.6B
*
49
Lots offered
6
Repeat sales
43
Lots sold
11.8%
Average
CAGR
87.8%
Sell-through
rate
13.3%
**
Average price
to mid-estimate
ratio
$37.7M
Average
price
60%
**
Lots sold
above
mid-estimate
