26
KEY
TAKE
AWAYS
• These paintings represent over three quarters of his market measured in price.
• They also represent the highest market share in volume (62.2%).
• Their average price of $29.7M is the highest among all periods.
Market share of paintings created between 1957-1979
Lots sold above high estimate Lots sold within
their estimates
Lots sold below
their estimates
39.7%
4.8%55.6%
B ACO N’S T H I R D A R T I S T I C P E R I O D (1 9 5 7-1 9 7 9)
The Power
of Colour
Price
Volume
Average sales price
10M
20M
30M
40M
50M
60M
70M
80M
4
6
8
10
12
14
16
2
50M
100M
150M
200M
250M
300M
350M
400M
2 0 1 5 2 0 1 6 2 0 1 8 2 0 2 0 2 0 2 2 2 0 0 3 2 0 0 4 2 0 0 6 2 0 0 8 2 0 1 0 2 0 1 2 2 0 1 7 2 0 0 5 2 0 1 9 2 0 0 7 2 0 2 1 2 0 0 9 2 0 1 1 2 0 1 3 2 0 1 4
Sales Revenue
$2.5 B
95
Lots offered
23
Repeat sales
84
Lots sold
8%
Average
CAGR
88.4%
Sell-through
rate
22%
*
Average price
to mid-estimate
ratio
$29.7M
Average
price
60.3 %
*
Lots sold
above
mid-estimate