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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

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