June 2021 puts an end to the Covid-19 "W-shaped" crisis at public auctions and confirms the recovery, outperforming the June 2019 levels by 2.6%.

As of end of June 2021, revenue from public auctions at the top 3 auction houses (US$11.34b) outperformed the 2019 equivalent (US$11.05b). 

The welcome growth was boosted by the return of the Marquee sales in May and June complemented by newly curated auctions and online-only sales.

Pi-eX June 2021 AMI Monthly report details what drove the growth in the Pi-eX AMI in June and suggests two scenarios for the coming months.

Source: Pi-eX June 2021 AMI Monthly report