Art auction market report: July 2023
In July 2023, ArtSell recorded 8,899 auction lots from 31 auction houses, of which 6,169 sold (69% sell-through). The 6,152 sales with a published price total $40,486,273, with a median of $827 (USD at the sale-date rate). The top sale was Howard Terpning, “Paper That Talks Two Ways – The Treaty Signing”, at $2,360,000 (Coeur d'Alene Art Auction). 15 artists set a new high compared with every earlier result in the database.
Top sales
Top American artists
Ranked by total of priced sales in the month; region from the artist’s recorded nationality.
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Howard Terpning American | $3,210,630 | 7 | Paper That Talks Two Ways – The Treaty Signing — $2,360,000 |
| 2 | Maynard Dixon American | $2,635,175 | 5 | The Pony Boy — $2,130,000 |
| 3 | W. Herbert Dunton American | $1,439,598 | 4 | A Race for the Chuckwagon — $786,500 |
| 4 | Joseph Henry Sharp American | $1,389,509 | 13 | The Young Chief — $423,500 |
| 5 | Philip Russell Goodwin American | $1,220,890 | 7 | Blazing the Trail — $574,750 |
| 6 | Charles Marion Russell American | $894,995 | 11 | Pablo Buffalo Hunt — $302,500 |
| 7 | Gerard Curtis Delano American | $889,350 | 7 | Evening — $786,500 |
| 8 | Henry Farny American | $800,500 | 2 | The Trail Over the Pass — $665,500 |
| 9 | Edward Hopper American | $574,750 | 1 | Shoshone Cliffs, Wyoming — $574,750 |
| 10 | Thomas Moran American | $423,500 | 1 | The Rock of Acoma, New Mexico — $423,500 |
Top European artists
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | David Shepherd British | $193,600 | 1 | Evening in the Luangwa — $193,600 |
| 2 | Maxim Kantor Russian | $182,588 | 1 | The Cedar and Man — $182,588 |
| 3 | Banksy British | $149,648 | 3 | Rude Copper — $79,675 |
| 4 | Jason Martin British | $149,390 | 1 | Origin — $149,390 |
| 5 | Zaha Hadid British | $137,710 | 2 | Z-stream — $127,000 |
| 6 | Ben Sledsens Belgian | $132,791 | 1 | Two Girls in the Forest — $132,791 |
| 7 | Ólafur Elíasson Danish | $88,900 | 1 | Colour Vision Kaleidoscope — $88,900 |
| 8 | Tracey Emin British | $87,974 | 2 | Always Always Always — $73,035 |
| 9 | Rafa Macarrón Spanish | $75,525 | 1 | Un día en la playa — $75,525 |
| 10 | Javier Calleja Spanish | $73,660 | 1 | Not everyday or… — $73,660 |
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 |
|---|---|---|---|
| Howard Terpning | Paper That Talks Two Ways – The Treaty Signing Coeur d'Alene Art Auction | $2,360,000 | $1,705,000 (89 earlier) |
| Maynard Dixon | The Pony Boy Coeur d'Alene Art Auction | $2,130,000 | $1,680,000 (220 earlier) |
| Henry Farny | The Trail Over the Pass Coeur d'Alene Art Auction | $665,500 | $535,500 (33 earlier) |
| Edward Hopper | Shoshone Cliffs, Wyoming Coeur d'Alene Art Auction | $574,750 | $56,250 (14 earlier) |
| Mark Maggiori | Morning Above the Canyon Coeur d'Alene Art Auction | $332,750 | $175,500 (9 earlier) |
| Wilhelm Heinrich Detlev Körner | The Rustlers Coeur d'Alene Art Auction | $229,900 | $134,400 (43 earlier) |
| David Shepherd | Evening in the Luangwa Coeur d'Alene Art Auction | $193,600 | $156,800 (84 earlier) |
| Maxim Kantor | The Cedar and Man Phillips | $182,588 | $107,286 (3 earlier) |
| Lari Pittman | Spontaneous Generation Phillips | $165,100 | $88,200 (19 earlier) |
| Jason Martin | Origin Phillips | $149,390 | $127,043 (40 earlier) |
| Morgan Weistling | Family Traditions Coeur d'Alene Art Auction | $145,200 | $111,150 (12 earlier) |
| Tunga | Braids Phillips | $116,192 | $68,750 (3 earlier) |
| Nick Eggenhofer | Custer’s Last Stand (ca. 1925) Coeur d'Alene Art Auction | $96,800 | $61,600 (47 earlier) |
| De Cost Smith | Sioux Lovers Coeur d'Alene Art Auction | $72,600 | $55,575 (6 earlier) |
| Sally Michel Avery | Reflected Grove Phillips | $63,500 | $40,960 (37 earlier) |
Auction houses this month
Pananti (801)Bonhams (681)León Gallery (643)Phillips (622)Toomey & Co. (527)Artmark (443)Strauss & Co (418)Rago Auctions (393)Twents Veilinghuis (342)Whyte's (337)Van Sabben Poster Auctions (327)Coeur d'Alene Art Auction (304)Davidson Auctions (300)Capitolium Art (297)Clarke Auction Gallery (281)Los Angeles Modern Auctions (LAMA) (271)Sloans & Kenyon (265)Morgan O'Driscoll (223)Brunk Auctions (211)Pandolfini (210)Wright (165)Morton Subastas (131)Lawrences Auctioneers (111)deVeres (108)Circle Auction (105)Leonard Joel (104)Toovey's (97)Sworders (67)Michaan's Auctions (52)Van Ham (33)Elstob & Elstob (30)