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Objects of Desire: Record Breaking Auction Sales in 2021

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record breaking auction sales 2021

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Record Breaking Auction Sales in 2021

2021 may have been the year of the NFT, but wealthy collectors still dropped plenty of cash on physical objects. This included the usual items like paintings and cars, as well as some more obscure ones like meteorites.

To gain insight into the world of rare collectibles, this infographic summarizes the biggest auction sales of 2021, spread across 12 different item categories.

The Numbers

The key details of these sales are listed below in tabular format. Some broke all-time records, while others set the record for 2021 specifically.

ObjectCategorySale Price (USD)Auction House
Pablo Picasso’s Femme assise près d’une fenêtrePaintings$103.4MChristie’s
Final text of the United States ConstitutionPrinted texts$43.2MSotheby’s
15.81-carat Sakura diamondPurple-pink diamonds$29.3MChristie’s
1995 McLaren F1Automobiles$20.5MGooding & Company
1933 Double Eagle coinCoins$18.9MSotheby’s
The revolver used to kill Billy the KidFirearms$6.0MBonhams
Grande et Petite SonnerieWatches$5.3MPhillips
1993 Ron Arad “D-Sofa”Furniture$1.6MPhillips
Pair of Michael Jordan’s Nike Air ShipsShoes$1.5MSotheby’s
Necklace featuring a 56.87-carat emeraldEmeralds$1.0MPhillips
4.5B year old Fukang meteoriteMeteorites$702KChristie’s
Hermès Black Togo Birkin 35Handbags$155KBonhams

The Details

Here are some interesting facts and details about these rare collectibles, starting with:

Pablo Picasso’s Femme assise près d’une fenêtre (Marie-Thérèse)

This 1932 painting is a depiction of Picasso’s lover, Marie-Thérèse Walter (1909-1977). Walter is believed to have had a significant impact on Picasso’s work, and the pair had a child out-of-wedlock in 1935.

He loved the blondeness of her hair, her luminous complexion, her sculptural body.
– Brassaï

Sold by Christie’s in New York, this was the first painting to auction for over $100 million in nearly two years. The all-time record holder is Leonardo da Vinci’s Salvator Mundi, which sold for $450 million in 2016 to Mohammed Bin Salman, the Crown Prince of Saudi Arabia.

1995 McLaren F1

Produced between 1992 and 1998, the McLaren F1 is widely regarded as one of the most desirable supercars in the world. It features many innovations that are still rare in modern road cars, including a carbon fiber monocoque (the main structure of the car), active aerodynamics on the underbody, and a centered driving position.

The F1’s legacy is cemented by the fact that only 106 were ever produced, many of which have been owned by celebrities. That includes Elon Musk, who famously crashed his F1 in 2000 without insurance.

The specific car highlighted above was sold by Gooding & Company, a classic car auction company. It has just 242 miles (390 km) on the clock, which translates to an average of 9.3 miles (15 km) being driven on the road per year.

1933 Double Eagle Coin

The 1933 Double Eagle is one of the last $20 gold coins ever produced in the United States. It dates back to an era when the U.S. dollar’s value was tied to gold, which is a system known as the gold standard. The coins were melted down when the U.S. transitioned to fiat money, and only 13 examples are known to exist today.

After selling for $18.9 million, this Double Eagle holds the title as the most valuable rare coin in the world.

The Revolver Used to Kill Billy the Kid

The Colt single-action revolver that was used to kill Billy the Kid is now the most expensive firearm ever sold at an auction. It belonged to Sheriff Pat Garrett, who killed Billy in 1881.

Billy is one of the most notorious figures from America’s wild west era and was responsible for the deaths of eight men, including two sheriff’s deputies during an escape from jail.

Because of Billy’s legacy, this revolver is lauded as one of the most desirable Western firearms in existence. Surprisingly, it was the gun’s first appearance in a public auction.

Final Text of the United States Constitution

This first-edition copy of the U.S. constitution is an incredibly rare and historically significant artifact. The story of how it sold is equally as impressive.

Bidding came down to two parties, one of which was Ken Griffin, billionaire CEO of Citadel. If you’re an investor, that name may sound familiar—Citadel was a hedge fund involved in the r/wallstreetbets saga of 2021.

The other party was ConstitutionDAO, a group of 17,000+ crypto investors who pooled together $47 million worth of Ethereum. The term “DAO” refers to a decentralized autonomous organization, which is an online entity that’s collectively owned by its members without centralized leadership—and that takes action based on transparent rules set on a public blockchain.

In the end, the copy was sold to Griffin for a total of $43.2 million. Organizers of ConstitutionDAO could not place a higher bid because they wouldn’t have had enough money to insure, store, and transport the document.

About Those NFTs…

NFTs only exist in the digital realm, but they’ve quickly become some of the world’s most valuable collectibles. How valuable, you may ask?

For starters, consider the $7.6 million sale of CryptoPunk #3100, a profile picture (PFP) NFT that depicts a blue zombie. Then there’s The Merge, a digital artwork comprised of 312,686 pieces. In December 2021, it was sold to a collective of 28,983 buyers who, altogether, paid $91.8 million.

All of this hype has led some of the world’s oldest auction houses to begin selling NFTs through online events. This includes Christie’s (founded in 1766), which surpassed $100 million in NFT auction sales in less than a year.

Whether this momentum can carry forward is questionable. Interest in NFTs has plummeted, and crypto markets remain incredibly volatile.

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Will Tesla Lose Its Spot in the Magnificent Seven?

We visualize the recent performance of the Magnificent Seven stocks, uncovering a clear divergence between the group’s top and bottom names.

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Will Tesla Lose Its Spot in the Magnificent Seven?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In this graphic, we visualize the year-to-date (YTD) performance of the “Magnificent Seven”, a leading group of U.S. tech stocks that gained prominence in 2023 as the replacement of FAANG stocks.

All figures are as of March 12, 2024, and are listed in the table below.

RankCompanyYTD Change (%)
1Nvidia90.8
2Meta44.3
3Amazon16.9
4Microsoft12
5Google0.2
6Apple-6.7
7Tesla-28.5

From these numbers, we can see a clear divergence in performance across the group.

Nvidia and Meta Lead

Nvidia is the main hero of this show, setting new all-time highs seemingly every week. The chipmaker is currently the world’s third most valuable company, with a valuation of around $2.2 trillion. This puts it very close to Apple, which is currently valued at $2.7 trillion.

The second best performer of the Magnificent Seven has been Meta, which recently re-entered the trillion dollar club after falling out of favor in 2022. The company saw a massive one-day gain of $197 billion on Feb 2, 2024.

Apple and Tesla in the Red

Tesla has lost over a quarter of its value YTD as EV hype continues to fizzle out. Other pure play EV stocks like Rivian and Lucid are also down significantly in 2024.

Meanwhile, Apple shares have struggled due to weakening demand for its products in China, as well as the company’s lack of progress in the artificial intelligence (AI) space.

Investors may have also been disappointed to hear that Apple’s electric car project, which started a decade ago, has been scrapped.

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