Market Report

A Review of the Sotheby’s & Christie’s Auctions in New York: 9th-19th November 2021

Over the last two weeks the art market saw an upward price recalibration not seen since the mid 1980s and the Japanese hoovering of Impressionist collections at auction. Over the course of ten truly unprecedented days over 2.5 Billion USD-worth of art changed hands. We saw both the Cox and Macklowe collections change the shape …

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The Sotheby’s & Christie’s London Spring Auction Preview: March 2021

The auction season is nearly upon us and both previews looked very strong at both Sotheby’s and Christie’s. I managed to see all the works of art over two long visits. Masks were worn and only art market professionals were allowed; which made for a lonely but awe-inspiring visit. At Christie’s the highlights are plentiful, …

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Auction Review: The Spring Season’s Opener at Christie’s London & New York

The 1st March evening auctions in London and New York were a huge success with 98% sold by lot. Never has a 44m GBP Evening sale/s been so welcomed by the trade and collectors the world over. The market seems as strong as ever but there were mitigating factors: Christie’s has been helped by the …

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Happy New Year and a Preview of the Art Market in 2021

As has been recorded countless times, the art market in 2020 was well and truly up-ended by the bizarre times in which Covid forces us to live. The early part of 2021 looks no different and I envisage no fairs of importance taking place physically until the early Summer. That said, the auction houses have …

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Review of Sotheby’s New York’s Impressionist, Modern & Contemporary Evening Auctions, 28th October 2020

The depth of bidding may not have been as overwhelming as hoped but the end results of the two main auctions at Sotheby’s last week indicated a market still strong enough to deliver some sensational results. These included fabulous prices for more ‘traditional’ works of art, including a white glove (all sold) sale in the …

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Sotheby’s New York Impressionist, Modern & Contemporary Auctions, 28th October 2020: A Preview

This week will see the Sotheby’s November sales moved forward to 28th October to allow for the impending US election. The quality is very good and, as such, the prices expected are ambitious… but not unreasonable. There are a few real gems which I shall be keen to follow as they will prove good barometers …

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