londons old masters week sees rare works sell and mid market paintings struggle

Christie's, Sotheby's, and Bonhams held Old Masters auctions in London, with Christie's achieving a record £31.9 million ($43.7 million) sale for Canaletto's *Venice, the Return of the Bucintoro on Ascension Day* (circa 1732), more than half the sale's total of £60.8 million. The painting, once owned by Robert Walpole, set a new auction record for the artist. Sotheby's evening sale brought in £14.5 million, with J.M.W. Turner's rediscovered *The Rising Squall, Hot Wells, from St Vincent's Rock, Bristol* (1792) selling for £1.9 million, seven times its estimate. However, mid-market paintings struggled, and the Bristol Museum and Art Gallery failed to acquire the Turner despite fundraising £109,000.

manny davidson collection sale results sothebys paris

Sotheby’s Paris raised €18.6 million ($21.5 million) from two live sales of the Manny Davidson collection this week, with a third online sale still ongoing. The collection, spanning nearly 500 lots, included rediscovered Old Masters, 18th-century gold enamel, and an automaton clock by James Cox. Highlights included Michael Sweerts’s *A young man wearing a turban holding an upturned roemer: the fingernail test* (1648–52), which sold for €1.6 million, and Joshua Reynolds’s *Self-Portrait, in doctoral robes* (ca. 1770), which fetched €838,200. The evening sale achieved 83% sell-through by lot, with most buyers from Europe and a third from the US.

manny davidson collection sale sothebys paris

Sotheby's Paris is selling "The Manny Davidson Collection: A Life in Treasures and Benevolence," a multi-owner sale of nearly 500 lots spanning Old Masters, 19th-century British paintings, 18th-century gold enamel, and decorative objects. Highlights include a rediscovered Michael Sweerts portrait estimated at €800,000–€1.2 million, a Thomas de Keyser portrait of a silversmith, and a Joshua Reynolds self-portrait study. The sale, which includes an evening auction on November 5 and an online component, was previewed by Sotheby's global head of private sales, Old Masters, Chloe Stead.

Backed by an Expanding Collector Base, Old Masters Make a Quiet Comeback

Christie's London Classic Week generated a combined total of £60,844,240 ($83,660,830) between its Old Masters Evening Sale and The Exceptional Sale, led by a record-setting £31.9 million sale of a Canaletto masterpiece. The painting, once part of Sir Robert Walpole's collection, attracted five bidders from Asia, Europe, and North America. Sotheby's also saw strong results, with the two houses together achieving £58 million (excluding buyer's premium) in Old Masters evening auctions, a notable increase from 2024. Other highlights included Titian's Portrait of a nobleman, seated before a window selling for £3,428,000 and Jan Davidsz de Heem's still life achieving £3,670,000.

A New Roubiliac Enters the Louvre

Un nouveau Roubiliac entre au Louvre

The Musée du Louvre has acquired a bronze bust of the poet Alexander Pope by the 18th-century sculptor Louis François Roubiliac. The work was purchased via private treaty through Sotheby’s after failing to find a buyer during the Manny Davidson collection sale, despite an estimate of €60,000 to €80,000. This acquisition strengthens the museum’s modest but significant collection of non-French European sculpture and is expected to go on public display in the coming weeks.