artnet Analytics Christopher Wool Report

a r t n e t An a l y t i c s
Christopher Wool Report
August 12, 2015
Artnet Worldwide Corporation
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Report Details
Date
August 12, 2015
Report Description
Christopher Wool Report
Contact Us
Email
[email protected]
Tel.
+1-212-497-9700
Report Contents
P a r t 1: O v e r vi ew o f Au c t i o n S al e s
View a breakdown of lots sold and total sales value by region.
Part 2: Total Sales Value by Category
Follow the proportion of the total sales value realized by category over time .
Part 3: Lots Sold, Lots Bought-In, and Sell-Through Rate
Visualize the liquidity for Christopher W ool’s works with a segmentation of lots offered into sold
and bought-in.
P a r t 4: Av e r a g e S a l es P r i c e v s . E s ti m a te s
View average realized prices against the expected price ranges set by auction houses.
P a r t 5: % S o l d L o t s Ab o v e t h e Hi g h E s ti m a te an d B el o w th e Av e r a g e E st i m a t e
Delve deeper into analyzing how prices perform again auction house expectations.
Part 6: Top Lots
Explore Christopher W ool’s top-selling lots.
All 2014 data is current through August 10, 2015.
All values provided in USD and adjusted for buyer’s premium.
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Part 1
Ov erview of Au ct ion Sales
Explore the overall auction
market for Christopher Wool.
This section provides regional
information regarding W ool’s
sales, as well as statistics on
total sales values, auction pre sale estimates, and lot volume.
Top Cities by Value
1990–2015
New York
$261,111,617
London
$86,800,071
Doha
$1,330,000
Paris
$807,170
Chicago
$784,044
Part 2
Total Sales Value by Category
Follow the proportion of the total sales value realized by category over time.
Sale Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
Paintings
$26,400
$66,000
$277,166
$24,170
$106,950
$18,055
$52,612
$179,389
$71,300
Works on Paper
$0
$0
$0
$0
$0
$2,760
$14,375
$0
$0
$2,760
Other
$0
$0
$2,530
$0
$0
$0
$0
$517
$5,060
Total
$26,400
$66,000
$279,696
$24,170
$109,710
$32,430
$52,612
$179,906
$79,120
Sale Year
1999
2000
2001
2002
2003
2004
2005
2006
2007
Paintings
$1,325,878
$675,639
$316,046
$572,650
$804,452
$2,464,479
$1,642,454
$5,109,228
$7,885,113
$296,000
$649,000
Works on Paper
$0
$36,000
Other
$8,395
$881
Total
$1,334,273
$676,520
$316,046
Sale Year
2008
2009
2010
Paintings
$3,852,666
$3,166,925
Other
$391,690
$358,340
Total
$4,244,356
$4,144,291
$4,920
$1,588,100
$1,971,277
$2,197,000
$572,650
$807,587
$2,505,399
$3,230,554
$7,376,506
$10,731,113
2011
2012
2013
2014
2015
$16,191,710 $14,559,033 $27,951,595 $74,065,933 $93,930,638 $65,245,852
$619,026
Works on Paper
$3,135
$1,325,928
$1,022,385
$1,139,702
$2,290,069
$3,791,221
$3,235,034
$462,314
$1,291,694
$4,538,758
$3,111,451
$975,159
$17,517,638 $16,043,732 $30,382,991 $80,894,760 $100,833,311 $69,456,045
Part 3
Lots Sold, Lots Bought -In, and Sell-Through Rate
Visualize the liquidity for Christopher Wool’s works with a segmentation of lots offered
into sold and bought-in.
Sale Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
Lots Sold
1
2
17
2
5
4
4
9
6
15
Lots Bought-In
0
0
1
1
1
3
4
3
1
8
Sell-Through Rate
100%
100%
94%
67%
83%
57%
50%
75%
86%
65%
Sale Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Lots Sold
10
8
10
11
20
17
31
22
19
27
Lots Bought-In
10
2
1
6
3
2
1
0
10
5
Sell-Through Rate
50%
80%
91%
65%
87%
89%
97%
100%
66%
84%
Sale Year
2010
2011
2012
2013
2014
2015
Lots Sold
26
26
27
65
53
28
Lots Bought-In
2
1
6
8
10
2
Sell-Through Rate
93%
96%
82%
89%
84%
93%
Part 4
Average Sales Price vs. Estimates
View average realized prices against the expected price ranges set by auction houses.
Sale Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
Average Sales Price
$26,400
$33,000
$16,453
$12,085
$21,942
$8,108
$13,153
$19,990
$13,187
$88,952
Average High Estimate
$20,000
$31,000
$20,169
$22,000
$21,400
$8,925
$16,750
$12,210
$13,750
$45,976
Average Low Estimate
$15,000
$25,000
$15,252
$16,500
$16,200
$6,075
$12,250
$9,118
$9,967
$31,857
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Average Price Per Year
$67,652
$39,506
$57,265
$73,417
$125,270
$190,033
$237,952
$487,778
$223,387
$153,492
Average High Estimate
$57,904
$33,402
$63,183
$61,226
$82,703
$109,743
$240,046
$360,371
$226,437
$144,627
Average Low Estimate
$42,298
$23,823
$43,035
$42,388
$60,369
$77,855
$167,980
$258,278
$159,261
$106,398
2010
2011
2012
2013
2014
2015
Sale Year
Sale Year
Average Price Per Year
$673,755
$617,067 $1,125,296 $1,244,535 $1,939,102 $2,480,573
Average High Estimate
$478,619
$585,593 $1,031,170 $1,038,595 $2,060,515 $2,351,605
Average Low Estimate
$335,189
$390,061
$707,522
$739,745 $1,472,868 $1,602,123
Part 5
% So ld Lo ts Ab ov e t h e H igh Est im ate an d B elow t h e Av erag e Est im at e
Delve deeper into analyzing how prices perform again auction house expectations.
Sale Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
% of Lots Above High Estimate
100%
50%
18%
50%
60%
50%
25%
56%
33%
60%
% of Lots Below Avg. Estimate
0%
0%
65%
50%
40%
50%
50%
44%
67%
40%
Sale Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
% of Lots Above High Estimate
30%
63%
30%
45%
75%
71%
71%
86%
42%
44%
% of Lots Below Avg. Estimate
50%
38%
40%
18%
5%
24%
23%
9%
47%
33%
Sale Year
2010
2011
2012
2013
2014
2015
% of Lots Above High Estimate
58%
58%
52%
58%
58%
43%
% of Lots Below Avg. Estimate
27%
23%
37%
15%
26%
36%
Part 6
Top Lots by Value
Title
Work Year
Auction House
Sales Title
Price Realized (USD)*
Sale Date
Untitled (Riot)
1990
Sotheby's New York
Contemporary Art Evening Auction
$29,930,000
5/12/2015
Apocalypse Now
1988
Christie's New York
Post-War and Contemporary Evening Sale
$26,485,000
11/12/2013
If You
1992
Christie's New York
Post-War and Contemporary Evening Sale
$23,685,000
5/13/2014
Untitled
1990
Christie's New York
Post-War & Contemporary Art Evening Sale
$14,165,000
11/12/2014
Untitled
1990
Christie's London
Post-War & Contemporary Art Evening
Auction
$10,702,040
7/1/2014
Untitled
1993
Christie's New York
Post-War & Contemporary Art Evening Sale
$8,901,000
11/12/2014
Last year Halloween fell on
a weekend
2004
Sotheby's New York
Contemporary Art Evening Auction
$8,005,000
11/11/2014
Untitled
1990
Christie's London
Post-War and Contemporary Art Evening
Auction
$7,708,268
2/14/2012
And If
1992
Christie's New York
Post-War & Contemporary Art Evening Sale
$6,997,000
11/12/2014
Untitled
2000
Christie's New York
Post-War and Contemporary Art Evening
Sale
$6,885,000
5/13/2015
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