Home / Market reports / January 2023 Art auction market report: January 2023 In January 2023, ArtSell recorded 4,649 auction lots from 26 auction houses, of which 3,878 sold (83% sell-through). The 3,878 sales with a published price total $23,322,424, with a median of $1,221 (USD at the sale-date rate). The top sale was F.P. Journe, “An utterly unique and spectacular minute repeating grande and petite sonnerie stainless steel wristwatch with power reserve indication, customised black dial, bracelet, certificate and presentation box”, at $1,116,334 (Phillips). 15 artists set a new high compared with every earlier result in the database.
Lots offered
4,649
26 houses
Sold
3,878
83% sell-through
Total
$23M
3,878 priced sales
Top sales # Work Artist House · date Price 1 An utterly unique and spectacular minute repeating grande and petite sonnerie stainless steel wristwatch with power reserve indication, customised black dial, bracelet, certificate and presentation box , Circa 2018 F.P. Journe Phillips · Jan 13, 2023$1,116,334 (HK$8,720,000) 2 Dog Wall , 1998 David Hockney Phillips · Jan 18, 2023$405,667 (£327,600) 3 Queen Elizabeth II of the United Kingdom, from Reigning Queens (Royal Edition) (F & S. 335A) , 1985 Andy Warhol Phillips · Jan 18, 2023$358,859 (£289,800) 4 An impressive and highly sought-after limited edition platinum dual-time chronometer wristwatch with double escapement, power reserve indication and ruthenium-coated dial, numbered 2 of a limited edition of 99 pieces , Circa 2001 F.P. Journe Phillips · Jan 13, 2023$354,871 (HK$2,772,000) 5 A special and mechanically impressive platinum dual-time wristwatch with double escapement, power reserve indication, "Salmon dial", guarantee and presentation box, made in commemoration of the 20th Anniversary of the Chronomètre à Résonance , Circa 2021 F.P. Journe Phillips · Jan 13, 2023$290,349 (HK$2,268,000) 6 An impressive and commemorative limited edition titanium and pink gold chronograph wristwatch with 100th of a second, 20-second and 10-minute registers, semi-skeletonised ruthenium-coated dial, certificate and presentation box, numbered 8 of a limited edition of 10 pieces, made to celebrate the 10th Anniversary of the F.P. Journe Geneva Boutique , Circa 2019 F.P. Journe Phillips · Jan 13, 2023$274,219 (HK$2,142,000) 7 A fine and attractive pink gold dual-time chronometer wristwatch with double escapement and power reserve indication, salmon dial, guarantee and presentation box , Circa 2019 F.P. Journe Phillips · Jan 13, 2023$274,219 (HK$2,142,000) 8 Lithograph of Water Made of Lines, a Green Wash, and a Light Blue Wash (T.G. 248, M.C.A.T. 205) , 1978-80 David Hockney Phillips · Jan 18, 2023$265,244 (£214,200) 9 The Arrival of Spring in Woldgate, East Yorkshire in 2011 (twenty eleven) - 31 May, No. 2 , 2011 David Hockney Phillips · Jan 18, 2023$265,244 (£214,200) 10 A highly sought-after and mechanically complex platinum tourbillon wristwatch with power reserve indication, dead beat seconds, constant force remontoire, guarantee and presentation box , Circa 2017 F.P. Journe Phillips · Jan 13, 2023$258,088 (HK$2,016,000) 11 Road to Safed , 1927 Reuven Rubin Clarke Auction Gallery · Jan 22, 2023$240,000 12 The Arrival of Spring in Woldgate, East Yorkshire in 2011 (twenty eleven) - 17 May , 2011 David Hockney Phillips · Jan 18, 2023$234,039 (£189,000) 13 The Arrival of Spring in Woldgate, East Yorkshire in 2011 (twenty eleven) - 18 January , 2011 David Hockney Phillips · Jan 18, 2023$202,834 (£163,800) 14 Flowers (F. & S. 66) , 1970 Andy Warhol Phillips · Jan 18, 2023$202,834 (£163,800) 15 John Wayne (from the Cowboys and Indians series) , 1986 Andy Warhol Los Angeles Modern Auctions (LAMA) · Jan 11, 2023$201,600
Top American artists Ranked by total of priced sales in the month; region from the artist’s recorded nationality.
Top American artists, January 2023 # Artist Total sold Priced sales Top result 1 Andy Warhol American
$1,711,236 27 Queen Elizabeth II of the United Kingdom, from Reigning Queens (Royal Edition) (F & S. 335A) — $358,8592 Wharton Esherick American
$309,750 15 Exceptional step ladder — $60,4803 Dale Chihuly American
$239,026 17 Star Sapphire Chandelier — $69,3004 Ed Ruscha American
$201,227 7 Mocha Standard — $151,2005 Wendell Castle American
$165,810 11 Time to Say Goodbye clock — $40,3206 Jeff Koons American
$157,586 4 Balloon Animals Collector's Set — $101,4177 Alex Katz American
$157,297 9 White Visor (S. 381) — $49,9288 Kaws American
$112,947 4 NO REPLY — $93,6159 Roy Lichtenstein American
$98,433 14 Bicentennial Print, from America: The Third Century (C. 136) — $37,44610 Albert Paley American
$86,610 14 Contrapose — $17,640
Top European artists Top European artists, January 2023 # Artist Total sold Priced sales Top result 1 David Hockney British
$2,439,184 44 Dog Wall — $405,6672 Pablo Picasso Spanish
$611,174 47 Minotaure aveugle guidé par Marie-Thérèse au pigeon dans une nuit étoilée (Blind Minotaur Guided Through a Starry Night by Marie-Thérèse with a Dove), plate 97 from La Suite Vollard (Bl. 225, Ba. 437) — $109,2183 Damien Hirst British
$543,899 35 The Virtues (H. 9) — $109,2184 Banksy British
$326,550 6 Girl with Balloon — $135,7425 Joan Miró Spanish
$285,490 17 Composition (Design for the cover of La Biennale di Venezia) — $156,0266 Lino Tagliapietra Italian
$165,800 9 Dinosaur — $45,8507 Grayson Perry British
$151,969 3 Map of an Englishman — $148,2258 Julian Opie British
$133,983 12 Sara Dancing Topless (C. 126) — $43,6879 Harland Miller British
$125,757 4 Fuck Art, Let's Dance and Fuck Dancing, Let's Fuck (Diptych) — $49,92810 Gerhard Richter German
$124,112 14 Cage 1 (P19-1) — $23,404
New artist records The artist’s best price this month exceeded every earlier priced result for them in the ArtSell database (artists with at least three earlier priced results).
Artist Work Price Previous high F.P. Journe An utterly unique and spectacular minute repeating grande and petite sonnerie stainless steel wristwatch with power reserve indication, customised black dial, bracelet, certificate and presentation box Phillips $1,116,334 $388,433 (8 earlier) Reuven Rubin Road to Safed Clarke Auction Gallery $240,000 $107,625 (9 earlier) Grueby Faience Company Important covered jar with moths Rago Auctions $138,600 $40,000 (88 earlier) Leona Nicholson for Newcomb College Pottery Early and Large vase with magnolias Rago Auctions $100,800 $6,250 (5 earlier) Doyle Lane Untitled (Clay Painting) Rago Auctions $81,900 $32,760 (26 earlier) Wharton Esherick Exceptional step ladder Rago Auctions $60,480 $60,000 (42 earlier) Arthur Espenet Carpenter Rare Shell desk Rago Auctions $60,480 $31,325 (24 earlier) Arthur Eugene Baggs for Marblehead Pottery Important scenic tiles, set of two Rago Auctions $60,480 $43,750 (12 earlier) William Bryce Mundie for Teco Pottery Rare vase, model 339 Rago Auctions $47,880 $11,875 (3 earlier) Gustav Stickley Rare lantern model 203 from the Charles B. Evans House, Queens Rago Auctions $44,100 $36,250 (313 earlier) Gilbert Bayes 'ANATKH' (DESTINY), 1918 Lyon & Turnbull $43,391 $6,003 (5 earlier) Edward Atkinson Hornel WOMAN AND CHILD IN A GALLOWAY LANDSCAPE, 1891 Lyon & Turnbull $34,146 $32,283 (26 earlier) Oiva Toikka Collection of five works Rago Auctions $32,760 $22,543 (8 earlier) Toshiko Takaezu Untitled (with rattle) Rago Auctions $30,240 $30,000 (176 earlier) George P. Kendrick for Grueby Faience Company Rare vase, model 34 Rago Auctions $27,720 $23,750 (6 earlier)
Auction houses this month León Gallery (504) Rago Auctions (472) Lyon & Turnbull (465) Artmark (426) Phillips (417) Van Ham (364) Twents Veilinghuis (289) Los Angeles Modern Auctions (LAMA) (274) Morgan O'Driscoll (251) Bonhams (136) Sopocki Dom Aukcyjny (133) Wright (119) deVeres (106) Agra-Art (102) Lawrences Auctioneers (98) Morton Subastas (97) Clarke Auction Gallery (87) Toovey's (80) Anderson & Garland (77) Sworders (45) Cottone Auctions (32) Michaan's Auctions (29) Grisebach (26) Pananti (9) Brunk Auctions (7) Elstob & Elstob (4)