The share of guaranteed sales value of art auctions worldwide increased significantly from 2015 to the first half of 2023. Between January and June 2023, roughly 65 percent of the global sales value of art auctions came from guaranteed sales. A guarantee is an agreement between auction houses and sellers to pay a certain amount for an auctioned lot even if it does not sell.
Share of guaranteed sales value of art auctions worldwide from 2015 to 1st half 2023
Characteristic
Share of guaranteed sales out of total sales value
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Deloitte, & ArtTactic. (November 21, 2023). Share of guaranteed sales value of art auctions worldwide from 2015 to 1st half 2023 [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1427386/share-guaranteed-sales-value-art-auctions-worldwide/
Deloitte, und ArtTactic. "Share of guaranteed sales value of art auctions worldwide from 2015 to 1st half 2023." Chart. November 21, 2023. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1427386/share-guaranteed-sales-value-art-auctions-worldwide/
Deloitte, ArtTactic. (2023). Share of guaranteed sales value of art auctions worldwide from 2015 to 1st half 2023. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1427386/share-guaranteed-sales-value-art-auctions-worldwide/
Deloitte, and ArtTactic. "Share of Guaranteed Sales Value of Art Auctions Worldwide from 2015 to 1st Half 2023." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/statistics/1427386/share-guaranteed-sales-value-art-auctions-worldwide/
Deloitte & ArtTactic, Share of guaranteed sales value of art auctions worldwide from 2015 to 1st half 2023 Statista, https://www.statista.com/statistics/1427386/share-guaranteed-sales-value-art-auctions-worldwide/ (last visited December 18, 2024)
Share of guaranteed sales value of art auctions worldwide from 2015 to 1st half 2023 [Graph], Deloitte, & ArtTactic, November 21, 2023. [Online]. Available: https://www.statista.com/statistics/1427386/share-guaranteed-sales-value-art-auctions-worldwide/
