40
KEY
TAKE
AWAYS
• These artworks represent over 46% of Bacon’s total sales revenue.
• Nearly two thirds of lots with pre-sale estimates sold above their mid-estimate.
• Once adjusted for inflation, 85.7% of these works achieved over $10M with a
maximum price of $181M.
Market share of paintings from the 1960s
Lots sold above high estimate Lots sold within their estimates
44.4%
51.9%3.7%
Lots sold
below their estimates
B E S T P E R F O R M I N G A R T WO R K S
The
1960s
50M
100M
150M
200M
250M
300M
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
$1.5B
*
50
Lots offered
8
Repeat sales
42
Lots sold
9.6%
Average
CAGR
84%
Sell-through
rate
27.1%
**
Average price
to mid-estimate
ratio
$35.8M
Average
price
63%
**
Lots sold
above
mid-estimate
