8 July 2016 |

Art Market Snapshot: June

Henry Moore, O.M., C.H (1898-1986)

Reclining Figure: Festival

Price Realized

£ 24,722,500
$33,103,428
*New Record for Henry Moore

Estimate

£ 15,000,000-£ 20,000,000
($20,025,000-$26,700,000)

30 June 2016
London, King Street

unnamed-2


1. 
Pablo Picasso continues to dominate as the most popular artist at auction in June, with 478 works offered at 78 auction houses worldwide. The Modern master has held this title since April 1, 2016.

2. Henry Moore’s Reclining Figure: Festival, from Christie’s New York’s Defining British Art Evening Sale on June 30, sold for a record-breaking $32,766,732 and is now the highest-selling work by the artist to date.

3. Sotheby’s London came in on top with the highest sale total in June. They offered 111,548 lots with a sell-through rate of 70.49% for an impressive $297,266,373 in sales.

4. This past month, Pablo Picasso, Amedeo Modigliani, and Zhang Daqian were the three top-selling artists at auction, bringing in $73,770,799, $68,700,433, and $60,453,237, respectively.

5. BUY

Bullish on AbEx

I have very strong buy recommendations on two specific artists whose markets are rapidly ascending . Contact for further information on available works.