Just released: The Art Market Auction & Asset Class Report Fall 2023
.jpg)
As part of the Otis transition to Public, a significant portion of assets on the platform will be liquidated. This week, 16 of those assets come to the auction block at Goldin, Heritage, and Artsy. We've compiled the full list of auction lots to watch for shareholders awaiting the fate of their investments. We note that the ultimate result with buyer's premium is unlikely to be indicative of net proceeds to shareholders. While negotiations around auction terms are not known, the bidding before premium may be a more apt indicator.
Monkey Train by Jeff Koons, George Condo, Marilyn Minter, Chum (Red) by KAWS, Chum (Black) by KAWS, Takashi Murakami, Cindy Sherman
Auction House: Heritage
Auction Close: August 3rd
Market Cap: $60,000
Final Total (w/ Buyer's Premium): $18,406.25
Final Total (before Premium): $14,725
Auction House: Heritage
Auction Close: August 3rd
Market Cap: $40,000
Final Total (w/ Buyer's Premium): $11,875
Final Total (before Premium): $9,500
Auction House: Artsy
Auction Close: August 4th
Market Cap: $33,750
Final Bid (before Premium): $16,000
Auction House: Artsy
Auction Close: August 4th
Market Cap: $35,040
Final Total (before Premium): $34,250
Auction House: Artsy
Auction Close: August 4th
Market Cap: $40,000
Final Bid (before Premium): Not Sold
NES Golf (Wata 9.8 A)
Auction House: Heritage
Auction Close: August 5th
Market Cap: $11,400
Final Result (w/ Buyer's Premium): $14,400
Final Bid (before Premium): $12,000
Street Fighter Collection
Street Fighter II, Super Street Fighter II, Street Fighter Alpha II
Auction House: Heritage
Auction Close: August 5th
Market Cap: $11,719.50
Final Total (w/ Buyer's Premium): $15,240
Final Total (before Premium): $12,700
1996-97 Topps Chrome Allen Iverson Refractor (PSA 10)
Auction House: Goldin
Auction Close: August 6th
Market Cap: $21,157.20
Final Result (w/ Buyer's Premium): $30,001
Final Bid (before Premium): $25,001
1999 Pokemon 1st Edition Holographic Blastoise (PSA 10)
Auction House: Goldin
Auction Close: August 6th
Market Cap: $24,937.50
Final Result (w/ Buyer's Premium): $23,604
Final Bid (before Premium): $19,670
1972-73 Topps Julius Erving (PSA 9)
Auction House: Goldin
Auction Close: August 6th
Market Cap: $19,750
Final Result (w/ Buyer's Premium): $31,200
Final Bid (before Premium): $26,000
Kevin Durant Nets Debut Jersey
Auction House: Goldin
Auction Close: August 6th
Market Cap: $22,610
Final Result (w/ Buyer's Premium): $16,080
Final Bid (before Premium): $13,400
Kobe Bryant Last Game Full Ticket (PSA 3, PSA/DNA Authentic)
Auction House: Goldin
Auction Close: August 6th
Market Cap: $13,314
Final Result (w/ Buyer's Premium): $9,000
Final Bid (before Premium): $7,500
2003-04 Upper Deck Exquisite Noble Nameplates LeBron James (BGS 9.5)
Auction House: Goldin
Auction Close: August 6th
Market Cap: $211,750
Final Result (w/ Buyer's Premium): $139,200
Final Bid (before Premium): $116,000
1986-87 Magic Johnson Game-Used & Signed Sneakers
Auction House: Goldin
Auction Close: August 6th
Market Cap: $23,100
Final Result (w/ Buyer's Premium): $22,800
Final Bid (before Premium): $19,000
1999 Pokemon 1st Edition Holographic Venusaur (PSA 10)
Auction House: Goldin
Auction Close: August 6th
Market Cap: $13,860
Final Result (w/ Buyer's Premium): $13,200
Final Bid (before Premium): $11,000
2002 Yu-Gi-Oh Legend of Blue Eyes White Dragon (BGS 9.5)
Auction House: Goldin
Auction Close: August 6th
Market Cap: $11,529
Final Result (w/ Buyer's Premium): $9,000
Final Bid (before Premium): $7,500
Want to get more great insights and access to powerful tools to help guide your investment strategy? Signup for Altan Insights now.
Disclaimer: You understand that by reading Altan Insights, you are not receiving financial advice. No content published here constitutes a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You further understand that the author(s) are not advising you personally concerning the nature, potential, value or suitability of any particular security, transaction, or investment strategy. You alone are solely responsible for determining whether an investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. Please speak with a financial advisor to understand if the risks inherent in trading are appropriate for you. Trade at your own risk.
