In the first half of 2023, roughly a quarter of works sold at global art auctions were guaranteed lots. Over the period considered, the number of guaranteed lots peaked at 542 in 2022. 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.
Number of guaranteed vs. non-guaranteed sales lots at art auctions worldwide from 2015 to 1st half 2023
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Deloitte, & ArtTactic. (November 21, 2023). Number of guaranteed vs. non-guaranteed sales lots at art auctions worldwide from 2015 to 1st half 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1427410/guaranteed-vs-non-guaranteed-sales-lots-art-auctions-worldwide/
Deloitte, und ArtTactic. "Number of guaranteed vs. non-guaranteed sales lots at art auctions worldwide from 2015 to 1st half 2023." Chart. November 21, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1427410/guaranteed-vs-non-guaranteed-sales-lots-art-auctions-worldwide/
Deloitte, ArtTactic. (2023). Number of guaranteed vs. non-guaranteed sales lots at art auctions worldwide from 2015 to 1st half 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1427410/guaranteed-vs-non-guaranteed-sales-lots-art-auctions-worldwide/
Deloitte, and ArtTactic. "Number of Guaranteed Vs. Non-guaranteed Sales Lots at Art Auctions Worldwide from 2015 to 1st Half 2023." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/statistics/1427410/guaranteed-vs-non-guaranteed-sales-lots-art-auctions-worldwide/
Deloitte & ArtTactic, Number of guaranteed vs. non-guaranteed sales lots at art auctions worldwide from 2015 to 1st half 2023 Statista, https://www.statista.com/statistics/1427410/guaranteed-vs-non-guaranteed-sales-lots-art-auctions-worldwide/ (last visited November 21, 2024)
Number of guaranteed vs. non-guaranteed sales lots at art auctions worldwide from 2015 to 1st half 2023 [Graph], Deloitte, & ArtTactic, November 21, 2023. [Online]. Available: https://www.statista.com/statistics/1427410/guaranteed-vs-non-guaranteed-sales-lots-art-auctions-worldwide/
