36
KEY
TAKE
AWAYS
•They are the rarest and most sought-after format in Bacon’s production.
•They achieve the highest average sales price.
•In 2020, one of them (Fig. 29) outperformed its pre-sale mid-estimate by 20.7%.
Market share of largescale triptychs
B E S T P E R F O R M I N G A R T WO R K S
Large-Scale
Tryptichs
50M
100M
150M
200M
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
Lots sold above high estimate Lots sold within their estimates
50%
50%
50M
100M
150M
200M
Price
Volume
Average sales price
Sales
Revenue
$628M
*
6
Lots offered
1
Repeat sales
6
Lots sold
21.6%
Average
CAGR
100%
Sell-through
rate
3.1%
**
Average price
to mid-estimate
ratio
$104.7M
Average
price
50%
**
Lots sold
above
mid-estimate
