Art Market

The Modern British art sector is now one of the most vibrant in the market and represent a good slice of business for both auction houses and dealers

Challenging times mean lots of extra legwork – but London sale shows how it can be rewarded.

Three modestly valued works selling at regional sales including a Tom Scott watercolour.

On the same day as Chiswick Auctions’ British & European Fine Art auction (see main report), a sale of Old Master Paintings & Drawings took place immediately beforehand. Comprising nearly 50 lots, it totalled £102,500 including buyer’s premium.

A painting of apple blossom by the Austrian Impressionist Olga Wisinger-Florian (1844-1926) drew a five-way online bidding battle at Canterbury Auction Galleries (24% buyer’s premium inc VAT) on August 1.

Three modestly valued works selling at regional sales including a Louisa Canziani painting.

August is traditionally a busy month for Edinburgh saleroom Lyon & Turnbull (25/20% buyer’s premium) and this year was no exception – despite the exceptional circumstances.

Early work by the Plymouth artist portrays himself alongside German alchemist

Christo (1935-2020) is famous for the series of monumental projects to wrap landmarks around the world undertaken with his wife and collaborator Jeanne-Claude (1935-2008).

Twelve pieces of Post-War & Contemporary art from upcoming auctions taking place in the UK and overseas.

A notable of feature of the Post-War and Contemporary art market is the wide variety of mediums employed.

The works of French painter André Masson (1896-1987) are regarded as a bridge between Surrealism and Abstract Expressionism.

Interest from overseas bidders appears to be lifting the market for Banksy (b.1974) prints to a higher level.

A work on paper by Czech artist Mikulas Medek (1926- 1971) drew strong competition at Chiswick Auctions’ (25% buyer’s premium) latest British & European Fine Art sale.

The auction record for modern Guyanese artist Aubrey Williams (1926-1990) was broken three times at auctions in the south of England this summer.

North Yorkshire saleroom Tennants (20% buyer’s premium) has a solid track-record with the artist Joash Woodrow (1927-2006). Eight of his top 10 auction prices are held by the Leyburn saleroom (source: Artprice by Artmarket).

To seasoned observers, the market for Post-War and Contemporary art might not seem as novel as it once did. Sales in this area are now a core part of the auction calendar and the field has been regarded as having the highest potential for growth for over two decades.

An auction record for Grayson Perry’s (b.1960) 'Britain is Best', a limited edition coloured embroidery depicting five loyalists from East Belfast, was set at Phillips (25% buyer’s premium) in London on September 10.

When it comes to Old Masters, sleeper spotters will trawl through auction catalogues looking to spot works of an earlier date than specified.

Provenance of the Duke of Gloucester adds extra appeal to single-owner collection