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trending_up market calendar_today Friday, October 17, 2025

London 20th/21st Century Frieze Week sales achieve a running total of £141.8m / $189.7m / €162.75m

Christie’s 20th/21st Century: London Evening Sale during Frieze Week 2025 achieved £106.9 million, up 30% year-on-year, with a 90% sell-through rate by value. The top lot was Peter Doig’s *Ski Jacket* (1994), sold for £14.27 million after intense bidding, part of the Ole Faarup Collection, which raised £27.3 million total for the Ole Faarup Art Foundation. Other notable sales included works by Lucian Freud, Paula Rego, Gerhard Richter, Pablo Picasso, and Suzanne Valadon, with more than half of all lots selling above high estimate.

This result marks Christie’s highest London Frieze Week evening sale total in seven years, signaling renewed demand for exceptional quality, fresh-to-market works, and strong provenance. The sale underscores the resilience of the London art market during Frieze Week, with broad international bidding—56% from Europe, the Middle East, and Africa—and a 23% overall increase in London season sales year-on-year.