In the first half of 2023, in-house guaranteed works accounted for roughly 88 percent of the sales value generated by guaranteed art auctions worldwide. Over the period considered, sales from in-house guaranteed lots peaked at approximately 3.4 billion U.S. dollars 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.
Sales value of guaranteed lots sold at art auctions worldwide from 2015 to1st half 2023, by type of guarantee
(in million U.S. dollars)
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Deloitte, & ArtTactic. (November 21, 2023). Sales value of guaranteed lots sold at art auctions worldwide from 2015 to1st half 2023, by type of guarantee (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1427550/sales-value-guaranteed-art-auctions-worldwide-by-type/
Deloitte, und ArtTactic. "Sales value of guaranteed lots sold at art auctions worldwide from 2015 to1st half 2023, by type of guarantee (in million U.S. dollars)." Chart. November 21, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1427550/sales-value-guaranteed-art-auctions-worldwide-by-type/
Deloitte, ArtTactic. (2023). Sales value of guaranteed lots sold at art auctions worldwide from 2015 to1st half 2023, by type of guarantee (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1427550/sales-value-guaranteed-art-auctions-worldwide-by-type/
Deloitte, and ArtTactic. "Sales Value of Guaranteed Lots Sold at Art Auctions Worldwide from 2015 To1st Half 2023, by Type of Guarantee (in Million U.S. Dollars)." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/statistics/1427550/sales-value-guaranteed-art-auctions-worldwide-by-type/
Deloitte & ArtTactic, Sales value of guaranteed lots sold at art auctions worldwide from 2015 to1st half 2023, by type of guarantee (in million U.S. dollars) Statista, https://www.statista.com/statistics/1427550/sales-value-guaranteed-art-auctions-worldwide-by-type/ (last visited November 21, 2024)
Sales value of guaranteed lots sold at art auctions worldwide from 2015 to1st half 2023, by type of guarantee (in million U.S. dollars) [Graph], Deloitte, & ArtTactic, November 21, 2023. [Online]. Available: https://www.statista.com/statistics/1427550/sales-value-guaranteed-art-auctions-worldwide-by-type/
