Christie’s Images Ltd.
Christie’s record-breaking sale of works from William I. Koch’s Western art collection may look like a one-off, but recent data suggest it fits into a wider, if uneven, revival of historical American art. According to the Observer, the two-part auction realized $84.1 million with fees, more than tripling the previous record for a single-owner Western art collection and setting five new artist records.
The results stand out in a category that has spent much of the past decade on the fringes of the global art market. The market for historical American art was hit hard by the 2008 financial crisis and has never fully recovered, as collectors and capital flowed toward postwar, contemporary, and ultra-contemporary work. Auction data underscore the gap. In 2024, annual auction sales for Frederic Edwin Church totaled just $177,800, a striking figure for one of the giants of 19th-century American painting.
Yet there are signs of renewed momentum. In April of last year, Sotheby’s sold the Wolf Family Collection of American art and decorative objects for $68 million, surpassing its high estimate by 140 percent. Christie’s January sales of 19th-century American art nearly quadrupled between 2022 and 2025, rising from $4.96 million to $19.2 million, Artnet News reported.
Specialists say the Koch sale benefited from structural changes in how American art is presented and understood. Tylee Abbott, head of Christie’s American art department, told ARTnews that interest in the American West has grown alongside broader cultural currents, “whether that be in local economies, real estate or through popular culture, such as with Yellowstone, and it surely is contributing to broad interest in this area of the art market as well.”
He also described the Koch works as a rare concentration of masterworks, a factor that helped focus demand and drive competition. “What we saw these past two days is Western art commanding the art world, center stage,” Abbott said.
Context matters as well. The upcoming 250th anniversary of the Declaration of Independence in 2026 is already prompting museums, auction houses, and dealers to foreground American material. A similar anniversary effect followed the bicentennial in 1976, which helped ignite a collecting boom for American art and set a series of price records in the decades that followed.