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trending_up market schedule Jul 7, 2025 visibility 12 link 13 artists, 2 galleries

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.

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trending_up market schedule May 1, 2026 visibility 28 link 6 artists

Botticelli Painting Banned from Export Will Stay in the UK

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), previously placed under an export ban to keep it in the UK, has been acquired by the Klesch Collection. The work, valued at £10.2 million, will remain in England through a three-year loan to the Ashmolean Museum at the University of Oxford. The painting was bought in 1904 by Harriet Sarah Jones Loyd (Lady Wantage) from Italian dealer Elia Volpi, who had acquired it from the Magherini Graziani family.

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trending_up market schedule May 1, 2026 visibility 32 link 8 artists

Botticelli under UK export ban purchased by Klesch Collection

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), valued at £10.2 million, has been purchased by the Klesch Collection, a British private collection, after the UK government placed an export bar on the work in May 2025. The painting, which sold at Sotheby’s London in late 2024 for £9.7 million, will be loaned to the Ashmolean Museum in Oxford for three years, ensuring it remains in the UK.

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trending_up market schedule Jul 4, 2025 visibility 15 link 15 artists

Turner painting bought last year for £500 sells for almost £2m at Sotheby's

At Sotheby's Old Master paintings evening sale in London on July 2, a Turner painting purchased last year for £500 sold for nearly £2 million, highlighting the sector's resilience. The auction achieved £11.5 million hammer total (£14.5m with fees), with 81% of lots sold, including a rediscovered 14th-century Byzantine icon that far exceeded estimates and three new artist records for Lorenzo di Credi, Corneille de Lyon, and others. The sale contrasted with Christie's previous evening's £46.2 million total driven by a record Canaletto.

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