Old Masters Market Report 2024

Page 1


LEADING A SPECIALIZED FIELD

Composed of masterpiece and core market material, Christie’s successful Old Master Drawings sales are the venue of choice for collectors across price bands and genres.

In recent decades, we have achieved:

• The long-standing world record for an Old Master Drawing at auction—Raphael’s Head of a Muse sold in 2009 for €29 million ($48 million)

• A strong percentage sold against low estimate in H1 2024, with works selling on average 167% of the low estimate, compared to 132% for our closest competitor

• Leading global market share from 2018-H1 2024, with 52% (138.7 million) sold compared to 48% (130.1 million) of our closest competitor

Sell-Through Rate

Old Master Drawings

CHRISTIE’S
SOTHEBY’S

JANUARY 2025 SALE

OLD MASTER & BRITISH DRAWINGS

Christie’s will host a dedicated live Old Master & British Drawings sale in January 2025. All eyes will be on Christie’s as we build on the success of 2024.

The auction will be held during Christie’s Classic Week, creating the optimal context for the sale of important drawing collections. The marquee event will be shared by Old Master Paintings and Prints, Antiquities, and the Exceptional Sale, featuring nineteenth-century sculpture and decorative arts.

The date of the sale will fall during Master Drawings New York, the premiere art fair for works on paper in the United States.

GLOBAL OLD MASTER DRAWINGS TEAM

In order to achieve the greatest financial return, sales of Old Master Drawings must be handled by the most experienced, respected team in the art industry located throughout the globe.

HÉLÈNE

CONFIDENTIAL © CHRISTIE’S 2024

This proposal is the property of Christie’s and is made subject to a written contract signed by all parties. It is provided solely on the basis that it—and the information contained therein—is maintained in strict confidence and is not disclosed to anyone other than your lawyers or financial advisors.

Any marketing language included in this proposal is subject to all copyright and intellectual property clearances being obtained and are subject to change pending a timely consignment of the property in satisfactory condition. Obligations to tour property are subject to all necessary export and/or import permits and consents being obtained in good time. In relation to any marketing promises to tour/exhibit the property outside the proposed sale site, Christie’s may cancel or postpone any tour or exhibition (in its sole discretion) if it determines that it may be unsafe (including for health reasons) for the property, clients, staff and/or contractors to travel to that location or we have concerns that the property may be delayed or hindered entering or leaving the location in question.

Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.