12
Auction Sales (YoY)
KEY
TAKE
AWAYS
• No more than 3 Water Lilies are auctioned every year.
• Over 27% of the lots sold had repeat sales.
• Their market saw peaks in annual sales revenue in 2008, 2018, and 2021.
Auction Sales (YoY)
Above Within Below
39%9%52%
Price
Volume
Average sales price
Total Sales
Revenue at Auction
$1.2 B
*
30
Lots offered
8
Repeat sales
27
Lots sold
5%
Average
CAGR
90%
Sell-through
rate
13.7 %
**
Average price
to mid-estimate
ratio
$44.5M
Average
price
52.2 %
**
Lots sold
above
mid-estimate
.-()()
.($.$.).
AU C T I O N M A R K E T (2 0 0 4-2 0 2 3)
General
Overview
Lots Performance Compared to Pre-Sale Estimates**