Market Spotlight: London and Paris October Auctions

Nine evening sales in London and Paris this October made $645.4M aggregate, with 303 of 344 lots sold (88%). The results were strong across the board. Three single-owner collections drew the deepest competition and the headline prices: 90 of their 91 lots sold for $272.7M, achieving 1.52x their combined low estimate. The various-owner sales were more selective but steady. They sold 213 of 253 lots (84%) for $372.7M, finishing at 1.20x their combined low estimate.