The scale of the market: a London perspective

© David Gill 

I have been charting the fluctuations in the New York market (see latest comments). I have been working with my project officer Kate Spiller on the scale of the London market and here are some of the preliminary findings.

Christie's in London offered some 5962 lots that sold for just under £40 million in the period from 1998 to 2010. The average value per lot was around £6700.