Fall’s Art Market Awakening

Lynette Yiadom-Boakye
2024 is shaping up to be Lynette Yiadom-Boakye’s best year yet on the auction market: In 2023, the British painter saw combined sales of almost $9.25 million, a peak for the artist at auction. Photo: David M. Benett/Dave Benett/Getty Images
Marion Maneker
September 22, 2024

For some, autumn is back-to-school season. For those of us fixated on the art market, it’s back-to-the-action-house season, with dozens of high-profile art sales spanning multiple continents. Of course, while we’ve had a few art fairs to gauge the current mood, no one ever really knows what’s real or what’s stage-managed by savvy intermediaries, some of whom hold the announcement of private sales in order to massage the market narrative. Especially in these lower-value mid-season sales, the numbers are much harder to analyze. Still, the sales offer some useful directional information. So let’s take a closer look.