KEY

TAKE

AWAYS

• The third series of Water Lilies appears more frequently for sale.

• The third series achieved the highest CAGR.

• No Water Lilies from the First Series or the ‘Grandes Décorations’ series were

offered at auction.

AU C T I O N M A R K E T (2 0 0 4-2 0 2 3)

Period

Breakdown

Lots Sold

Highest Sale Price USD

Average Price (USD)

Average CAGR

Lots Offered

Lowest Sale Price USD

Sell-through Rate

Repeat Sales

B r e a k d o w n O v e r v i e w

Average Price to Mid-estimate Ratio

*

**

*

Lots Sold Above Mid-estimate

**

$679.8M

Third Series (1914-1919)

Sales Revenue

9%** 55%** 36%**

$523.2 M

Second Series (1905-1908)

Sales Revenue

8%* 50%* 42%*

Below estimate Within estimate Above estimate

Considering 12 lots carrying presale estimates

Considering 11 lots carrying presale estimates

14 15

Sales Revenue by Creation Period