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Thursday, 17 July 2014 08:38

Auction Results Reflect the Strength of London’s Art Market

Sotheby's London. Sotheby's London.

Records tumbled this season in the highest-grossing flagship summer auctions that Sotheby’s London has ever seen. Together, sales in the four key categories of Old Masters, Impressionist & Modern, Contemporary Art and ‘Treasures’ totalled a record £360 million - with top estimates repeatedly smashed and record numbers of participants engaging in the sales.

The strong results were fuelled by a burgeoning interest from collectors from the new markets - many of whom are making their presence ever more strongly felt in Sotheby’s London salerooms, their interest constantly expanding into an ever broader range of fields.

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