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london summer auctions

London's summer auction season saw Sotheby's evening sale bring in $85.7 million, a significant drop from $105 million last year and a 70% decline from $280.1 million in 2015. Christie's opted out of an evening auction entirely, holding only a day sale that netted $12.7 million, while Phillips' combined sales totaled $17.6 million. Highlights included a Tamara de Lempicka painting selling for $10 million, a Jenny Saville drawing setting a new auction record at $2.11 million, and six works from the Dorothy and Roy Lichtenstein collection. The sales were described as 'sensible' by advisor Todd Levin, reflecting a cautious market post-Art Basel.

Treasure House Fair hopes to be the flagship summer event London desperately needs

Thomas Woodham-Smith and Harry Van der Hoorn are staging the third edition of the Treasure House Fair at London’s Royal Hospital Chelsea, running until 1 July. The fair, which launched hastily in 2023 after the collapse of Masterpiece London, features 72 exhibitors spanning ancient to contemporary art, design, jewellery, antiques, and even a meteorite. Woodham-Smith reports a mood of optimism despite global turmoil, with strong ticket sales and a 40% share of new exhibitors, including many from outside the UK.

London's pre-contemporary art market gets boost from two new summer events

Two new summer events for pre-contemporary art are launching in London: Classic Art London (CAL), running from 23 June to 4 July, and Studiolo, a one-day showcase on 26 June. CAL fills the gap left by London Art Week, which ended in 2024, and features gallery exhibitions across Mayfair, St. James's, Cecil Court, and Belgravia, along with a talks programme at the Society of Antiquaries. Highlights include a rediscovered Titian, a solo show of Paul Nash landscapes, and a focus on Swedish Cubo-Futurist Gösta Adrian-Nilsson (GAN). Studiolo, held at Spencer House, presents art, antiquities, and sculpture.

One of the last surviving Union flags from the Battle of Trafalgar to come up for sale at Treasure House Fair

A Union flag from the Battle of Trafalgar, flown on the Royal Sovereign under Admiral Cuthbert Collingwood, is being offered for sale at the Treasure House Fair for £450,000. The flag, newly identified by expert Martyn Downer, is one of only three known Union flags from the battle and is believed to be the most important such relic still in private hands. It was previously sold for a few hundred pounds in 2003 due to confused provenance.