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londons old masters week sees rare works sell and mid market paintings struggle 1234746818

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.

clara peeters only self portrait comes to auction 2649481

Sotheby’s London will auction what is believed to be the only known self-portrait by Clara Peeters, a pioneering Flemish still life painter from the early 17th century. The painting, a vanitas still life featuring a presumed self-portrait and a still life of flowers in a glass vase, carries a presale estimate of £1.2 million to £1.8 million ($1.6 million–$2.4 million) and will be offered in the “Old Master and 19th Century Paintings Evening Auction” on July 2. The work was previously downgraded to the artist’s circle but is now accepted as an autograph Peeters, with a provenance dating back to 1767.

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.

Your weekly dose of wonder: introducing The Specialist, a new podcast by Sotheby's

Sotheby's has launched a new podcast series titled "The Specialist," featuring its global specialists who share behind-the-scenes stories about extraordinary artworks and objects. Each episode focuses on a specific narrative, such as the restitution of a Kandinsky painting lost in Nazi-era Germany, the rediscovery of Rubens' "The Massacre of the Innocents," the story of the shredded Banksy artwork "Love is in the Bin," and the decade-long attribution project for a Vermeer painting. The podcast is available on Apple Podcasts and Spotify.

Medieval triptych ventures out of Dorset to sell for £5.7m in London Old Master auctions

A late 15th-century Netherlandish triptych, *The Five Miracles of Christ*, sold for £5.7 million at Sotheby’s London Old Master auction. The work, kept for centuries at St. John’s Almshouse in Sherborne, Dorset, had never before appeared on the market. The charity sold it to fund affordable housing, and the buyer—an unnamed Christian charitable foundation—plans to keep the painting publicly viewable in the town. Other highlights included a Rembrandt reattribution, *Saint John on Patmos*, which sold for £6.8 million, and a record £3.2 million for a Hans Eworth portrait of the 4th Duke of Norfolk.