Rolex at Auction
ANALYSIS OF OVER 1000 ROLEX PRICES
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AMR Art & Collectibles
Auction Market Trends in 2021
- US leads the recovery of global market
- Online only auction records end the year above UK
- Sales of watches surge to new high
- Cryptocurrency collectors push prices of traditional works and collectibles up
- Important Designers on par with sculptors
Knight Frank Luxury Investment Index 2022
Veronika Lukasova / AMR KFLII 2022 commentary
How did art market perform in 2021?
Sotheby’s posted record sales of US$7.3 billion in 2021, while Christie’s recorded a five-year high of US$7.1 billion. According to our All Art Index, average sales were up 13% since 2020, with much of the new ground made up by a handful of big-ticket works. Many of the top lots could be found in the US$676 million sale of Harry and Linda Macklowe’s fabulous art collection at Sotheby’s, sparked by the couple’s divorce. Several blue-chip artist records were set, including Jackson Pollock’s Number 17, which achieved US$61.2 million, and Cy Twombly’s Untitled, which went for US$58.9 million.
Sebastian Duthy / AMR KFLII 2022 commentary
Why are auction houses interested in NFTs?
The top auction houses were among the first businesses to explore e-commerce. Sotheby’s first tie up with eBay was way back in 2002, while Christie’s launched its own platform, Christie’s LIVE, in 2006. Soon followed by others, the top auction houses have been adapting to new shopping habits for some time. As the global pandemic prevented in-house sales, the battle for the attention of millennial (and younger) collectors quickly shifted online. With the number of artworks and collectibles sold via timed auctions now regularly breaking the million-dollar mark, NFTs are just the latest content to keep their customers hooked.
List of Indexes
FINE ART
AMR has been measuring price movements in the fine art market since 1976. Today, our database contains over 1.7 million unique data points, tracking the value of the most important artists working in Painting, Sculpture, Print and Photography over the last three centuries as well as new artists coming to auction. Click here to see a list of individual and group indexes.
LUXURY COLLECTIBLES
AMR’s indexes on Luxury Collectables cover all the the key sectors and marques since 1980. Click here for a list of our indexes on Classic Cars, Jewellery, Watches and Handbags.
ANTIQUES
AMR’s comprehensive Indexes on English and European Furniture and Silver, World Stamps, English Coins, Chinese & European Ceramics and Books are used to revalue estates and collections. Click here for a full list.
List of Indexes
FINE ART
AMR has been measuring price movements in the fine art market since 1976. Today, our database contains over 1.7 million unique data points, tracking the value of the most important artists working in Painting, Sculpture, Print and Photography over the last three centuries as well as new artists coming to auction. Click here to see a list of individual and group indexes.
LUXURY COLLECTIBLES
AMR’s indexes on Luxury Collectables cover all the the key sectors and marques since 1980. Click here for a list of our indexes on Classic Cars, Jewellery, Watches and Handbags.
ANTIQUES
AMR’s comprehensive Indexes on English and European Furniture and Silver, World Stamps, English Coins, Chinese & European Ceramics and Books are used to revalue estates and collections. Click here for a full list.
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Copyright © 2022 Art Market Research, All Rights Reserved