ALT/FNDATA Research
Market Reports
Quarterly intelligence on the alternative-asset markets, grounded in our proprietary auction and private-sale data. Read the public summary of each report, free.

Collector Cars · Q1 2026
The Secondary Market for Collector Cars
$702.5M across 7,535 lots, up 44% like-for-like. Ferrari scarcity, and a widening gap between the saleroom and the showroom.
Read the report →
Luxury Handbags · Q1 2026
The Secondary Market for Luxury Handbags
A value repricing, not a volume collapse. Hermès holds as a store of value while the speculative middle of the market thins.
Read the report →
Luxury Watches · Q1 2026
The Secondary Market for Luxury Watches
The bottom is in. Swiss exports turn positive and the listed watch majors begin to recover, led by Swatch.
Read the report →
Jewelry & Gems · Q1 2026
The Secondary Market for Fine Jewelry & Gems
Jewelry held its hard value through the luxury selloff, the resilient core of the complex. Historic colored stones and the jewellery maisons led the year.
Read the report →Market Analysis
Timely, data-led reads on the alternative-asset markets, between the quarterly reports. The public summary of each is free; the full analysis is part of ALT/FNDATA Membership.
Market Analysis · H1 2026
Why One in Five Collector-Car Dollars Now Goes to a Ferrari
One marque took 21 percent of every dollar spent at collector-car auctions in H1 2026, a series high, two of every five million-dollar results, and…
Read the analysis →
Market Analysis · H1 2026
Why White Diamonds Are Losing the Top of the Jewelry Market
The four most expensive jewels of H1 2026 in our record are a $25.6 million jadeite necklace and three colored diamonds. Beneath the trophies, white…
Read the analysis →
Market Analysis · H1 2026
Why Luxury Stocks Fell 25 Percent While the Saleroom Set Records
LVMH and Hermes each lost roughly a quarter of their value in a half where the S&P 500 rose 9.6 percent. The saleroom answered with a $1.12 billion…
Read the analysis →
Market Analysis · July 2026
Why the $63.9M Modigliani Returned Less Than an Index Fund
Bought for $12.4 million in 1995 and sold for $63.9 million in 2026, the picture compounded at 5.4 percent a year. The index did nearly twice that. The…
Read the analysis →
Market Analysis · July 2026
Why the Same Week Produced Seven Art Records and a Half-Unsold Sale
In one London week, Christie's set seven world records in its Classic Week evening sales and failed to sell more than half of an online contemporary…
Read the analysis →
Market Analysis · June 2026
How Christie's Sold €5.8M of Handbags Without a Saleroom
Christie's June online handbag sale totaled €5,836,666, a world record for the format, with 85 percent of sold lots beating their high estimate and a…
Read the analysis →
Market Analysis · Mid-2026
Equity vs. Object: A Brand-Level Correlation Analysis
A share price values the company; an auction values the object. For Hermès they diverge; for Ferrari and Richemont they align. The gap is the signal.
Read the analysis →
Special Report · H1 2025
Category and Price-Band Analysis: The H1 2025 Rotation
The auction market traded down and broadened. Jewelry and watches held their value while fine art and handbags cooled. A read on where demand rotated.
Read the report →
Special Report · H1 2025
Auction-House Market-Share Analysis: Value vs. Volume
Sotheby's extended its lead and Christie's slipped; Phillips owns watches; and the value and volume tables tell two different stories.
Read the report →
Market Analysis · Mid-2026
The Watch Market Decomposed: Auction Prices vs. Listed Equities
The secondary market for the best watches keeps setting records while the listed watch names trade on rates and the high street. A mid-2026 read.
Read the analysis →
Market Analysis · Mid-2026
Signal vs. Noise: Coverage Bias in Auction Market Totals
Headline market-size numbers swing on which houses get captured. The named marquee results are the clean read, and the top of the market is strong.
Read the analysis →
Market Analysis · Mid-2026
Luxury Equities vs. Auction Prices: A Decoupling Analysis
The listed luxury names swing on rates and risk appetite; the saleroom's top end keeps setting records. A mid-2026 read on the gap.
Read the analysis →Quarterly archive · 2025
The full 2025 series, by asset and quarter. The public summary of each report is free to read; the complete report is part of ALT/FNDATA Membership.

