I apply a very basic model based on the sold price/mean estimate ratio of works by specific artists, just to see how this compares to the eventual results. After the auction I will compare these revised estimates with their actual price.
A blog dedicated to the discussion of art-related topics and the analysis of items of visual culture from around the world.
Showing posts with label Latin American. Show all posts
Showing posts with label Latin American. Show all posts
Thursday, May 26, 2011
Auction Guessing 1: Estimating the Results of Christie's Latin American Auction Based on Sotheby's
Sotheby's recently concluded its 2011 auction of Latin American art, with sessions on the 25th at 7 p.m. and the 26th at 10 a.m. In this post I use the results of that auction to estimate the forthcoming results of Christie's Latin American art auction, which has sessions on the 26th at 6:30 pm (NY time) and the 27th at 10 a.m.
I apply a very basic model based on the sold price/mean estimate ratio of works by specific artists, just to see how this compares to the eventual results. After the auction I will compare these revised estimates with their actual price.
I apply a very basic model based on the sold price/mean estimate ratio of works by specific artists, just to see how this compares to the eventual results. After the auction I will compare these revised estimates with their actual price.
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