This Summer’s Unmissable Exhibitions

Our team of specialists have picked the unmissable exhibitions from Summer ’25. Looking to fill those long summer days with fine art, culture and exquisite jewels? We are on hand to direct you to some of this summer’s must-see events and finest works on display.

The Treasure House Fair, Royal Hospital Chelsea, running from 26 June – 1 July 2025.

“I’m looking forward to attending the Treasure House fair in Chelsea this June, which is the successor to the long popular Masterpiece Fair. There is an electric mixture of fine and decorative arts from all over the world, and, of course, the food can’t be beat!”

Royal Scottish Academy Annual Exhibition,

Royal Scottish Academy Annual Exhibition, Edinburgh, 3rd May until 8th June.

“A must see in the Edinburgh art calendar is the RSA Annual Exhibition. Now in its 199th year the largest and longest running annual exhibition of art and architecture in Scotland showcases a fantastic variety of work, there really is something for everyone! For a post exhibition refreshment why not visit the fascinating Edinburgh Gin Bar and Distillery in the city centre!”

Siena: The Rise of Painting

Siena: The Rise of Painting, 1300-1350, National Gallery, London, running until 22nd June 2025.

“The Siena exhibition at the National Gallery looks wonderful. It’s about painting in Siena, Italy between 1300 and 1350 and how that period and the numerous artists working in Siena at the time, was not only hugely important in its own right, but went on to shape so much that followed, not only in painting but also other artistic mediums.”

Edwardians: Age of Elegance
Cartier, Victoria & Albert Museum

Edwardians: Age of Elegance, The King’s Gallery, Buckingham Palace, running until 23rd November 2025.

“Showcasing more than 300 objects from the Royal Collection dating from 1863 to 1918, the Edwardians: Age of Elegance exhibition promises opulence and glamour! Featuring works by the most renowned artists of the period, including Carl Fabergé, Frederic Leighton, Edward Burne-Jones, Rosa Bonheur, John Singer Sargent and William Morris, this exhibition features a range of jewellery, works of art, paintings, books, and many more. Highlights include the Dagmar Necklace of 1863, an elaborate diamond, pearl and enamel necklace that was a wedding gift to Alexandra from Frederik VII of Denmark.”

Cartier, Victoria & Albert Museum, London, running until 16th November 2025.

“How could we not feature the hotly anticipated Cartier exhibition at the V&A! Featuring over 350 pieces including jewellery, watches, clocks and historic gemstones, this is a rare chance to see pieces from the span of Cartier’s history. Exhibiting many pieces from private collections and amassing plenty of five-star reviews already, this certainly is my pick of the bunch for exhibitions this year – and I can’t wait to attend!”

Cartier Style

Cartier Style, a talk by Helen Molesworth & Pierre Rainero, Victoria & Albert Museum, London, Thursday 5th June, 7pm

“I am looking forward to attending this talk by my former colleague Helen Molesworth, now the V&A Senior Curator of Jewellery and Image, with Pierre Rainero, Style and Heritage Director of Cartier.”

As the Image, Style and Heritage Director of Cartier for more than two decades, Pierre Rainero is responsible for overseeing and preserving the aesthetic integrity of the Maison, ensuring seamless integration of innovation and legacy with each new piece. Join him in conversation with V&A Senior Curator of Jewellery Helen Molesworth for an exploration of the evolution of Cartier’s style over its storied history to contemporary designs, discussing the links that unite past, present and future production.” V&A

Josephine Bowes: Trendsetters and Trailblazers

Josephine Bowes: Trendsetters and Trailblazers at the Bowes Museum co. Durham. Ends 29 June.

“I am fascinated to see how Josephine Bowes sought to establish the fantastic collection which now forms the Bowes Museum. It is rare for a woman to have formed such a collection during this period and she sought to buy examples from a wide range of disciplines and artists.”

Goya to Impressionism: Masterpieces form the Oskar Reinhart Collection,
Goya to Impressionism: Masterpieces form the Oskar Reinhart Collection
Leigh Bowery!
Leigh Bowery!Tate Modern

Siena: The Rise of Painting, 1300 - 1350, National Gallery,Until 22 June 2025

Goya to Impressionism: Masterpieces form the Oskar Reinhart Collection, Courtauld Gallery, Until 26th May

Leigh Bowery!, Tate Modern, Until 31st August

Antony Gormley: WITNESS. Early Lead Works, White Cube, Mason’s Yard, Until 8th June

David Hockney: Bigger & Closer (not smaller & further away) Lewis Cubitt Square and Lightroom entrance, King’s Cross, Until 29th June


“This summer, I’m particularly looking forward to a mix of historic and contemporary shows across London. Goya to Impressionism at the Courtauld brings together highlights from the Oskar Reinhart Collection, offering a rare opportunity to see these works in the UK. Leigh Bowery! at Tate Modern promises to be bold, challenging and visually striking. Antony Gormley’s early lead sculptures at White Cube should offer something raw and introspective. And I’ll definitely be catching Hockney’s immersive digital show in King’s Cross – it’s ambitious in scale and packed with colour and movement.”

Whether your summer takes you north to Edinburgh or keeps you in the capital, there’s no shortage of exceptional exhibitions to explore. From Renaissance masterpieces to bold contemporary installations, this season’s line-up is a reminder of the richness and range of the art world. We hope you get the chance to see something that stays with you long after the summer ends.

Photo london & Affordable Art Fair

From Hampstead to Somerset House: Highlights from London’s Spring Art Fairs

Recently two of our specialists have been exploring some of the London art exhibitions – Photo London 2025 and the Affordable Art Fair. Here is their experiences in their own words:

Ashley Crawford, Asian Art Specialist

Recently, I attended the annual Affordable Art Fair in Hampstead (one location of several worldwide taking place throughout the year) to explore artworks by Contemporary Asian artists, both living in Asia and throughout the diaspora. The Affordable Art Fair generally sells works up to approximately 7,500 GBP and often below 1,000 GBP. This event is not only a great way to support living artists, but is also an opportunity to observe wider art market trends and discover up-and-coming artists locally and from around the world.

My first stop was TNB Gallery, a Korean Contemporary art gallery. I was immediately drawn to a series by Jeong Oh, who is known for her mixed media depictions of traditional antique Korean moon jars. Her series Holds All Good Things uses mother-of-pearl to depict the smooth, white glaze of moon jars with touches of color in a way that makes the jars particularly contemporary, while paying homage to their antique Korean heritage. Mother-of-pearl has also long been used in various Korean art forms. The three dimensionality and presence of mother-of-pearl means that these works appear different when viewed from various angles. The addition of gold creates a touch of drama that is otherwise absent from traditional moon jars. Oh’s larger works have recently been offered for roughly 7,500 GBP – 20,000 GBP, but her smaller objects on display at the Affordable Art Fair were all listed at about 1,000 GBP or under. For collectors searching for actual ceramic moon jars, they will be spoiled for choice; this ceramic form dates from the late 17th century, with many contemporary renderings and antiques from the centuries in between. The most famous Contemporary moon jar artist is Young-Sook Park. Although his works are not the most affordable, there is ample modern-day production of this beloved Korean art form to suit a wide range of budgets.

Three works from Oh’s series Holds All Good Things. Photographs by Ashley Crawford.
Three works from Oh’s series Holds All Good Things. Photographs by Ashley Crawford.
Three works from Oh’s series Holds All Good Things. Photographs by Ashley Crawford.
Three works from Oh’s series Holds All Good Things. Photographs by Ashley Crawford.
A Young-Sook Park moon jar sold at Christie’s in 2022 for $32,760. Source: Christie’s
A Young-Sook Park moon jar sold at Christie’s in 2022 for $32,760. Source: Christie’s

Next, I visited Hanoi Art House, which specializes in Contemporary Vietnamese art. Contemporary Southeast Asian artists have typically been underrepresented in London (especially compared to Paris), even within Asian art circles, but the Affordable Art Fairs in Battersea and Hampstead have consistently showcased living Vietnamese artists over the past several years. My favorite works at Hanoi Art House were lacquer-on-wood paintings by Bui Trong Du, who is best known for his depictions of Vietnamese women in traditional dress, often in nature and amongst birds. The ladies’ dresses are intricately decorated. Like Jeong Oh, Bui Trong Du draws on his cultural heritage to inspire his Contemporary renderings, as Vietnamese lacquer dates to at least the 4th century BCE. His works are typically offered for 500 GBP – 9,000 GBP. The works on display at the fair were within his more affordable range.

Bui Trong Du’s lacquer and gold leaf on wood paintings Happiness (2021) and Young Lady and Birds (2024). Photographs by Ashley Crawford.
Bui Trong Du’s lacquer and gold leaf on wood paintings Happiness (2021) and Young Lady and Birds (2024). Photographs by Ashley Crawford.
Bui Trong Du’s lacquer and gold leaf on wood paintings Happiness (2021) and Young Lady and Birds (2024). Photographs by Ashley Crawford.

Lastly, I visited the UK-based Anrad Gallery, which showcased South Asian artists. The highlight of this exhibit was a series of Pichwai paintings by Contemporary artist Sushil Soni. Pichwai is an antique Indian tradition of painting on cloth, depicting Krishna’s Leelas (divine exploits) on temple walls. This practice dates back four centuries. As with the artists at the other galleries discussed here, Soni takes a beloved artistic tradition and breathes new life into it. Anrad Gallery displayed twelve paintings from Soni’s series Baraah Maas (Twelve Months) (2022). Each individual work was listed for 975 GBP. His larger works can be offered for around 1,000 GBP, so these fall within his typical range.

Holi celebration from Sushil Soni’s Baraah Maas (Twelve Months) series (2022). Photograph by Ashley Crawford
Holi celebration from Sushil Soni’s Baraah Maas (Twelve Months) series (2022). Photograph by Ashley Crawford

Pictured above is a vibrant scene of a Holi celebration, again, emphasizing and celebrating India’s cultural heritage.

There is something at the Affordable Art Fair for everyone. I was pleased this year with the continued presence of Asian artists and look forward to returning to the next fair in Battersea this October!

Contemporary Art Specialist Ben Hanly:

The first two weeks of May are busy ones in the London art scene, with 2 very different fairs opening their doors to London’s art loving audiences.

The first fair to open from 7th-11th May, is the Affordable Art Fair, which first launched in London’s Battersea Park back in October 1999. The founding philosophy of the fair was, and still is, to democratise the buying of art – to make the experience easy, accessible and affordable to the general public who often assume that buying art is for ‘other’ people and not themselves. The fair has been roaring success and has now grown into a veritable leviathan with fairs in 13 cities worldwide, including 3 in London at Battersea Park (October and March) and 1 at Hampstead in May.

The May edition in Hampstead Heath had everything one comes to expect from the AAF, with 106 galleries exhibiting and displaying works of art starting at £100 and maxing out at £10,000. Turner prize-nominated David Shrigley was among those showing work, with 106 galleries showcasing contemporary paintings, prints, ceramics, sculpture and photography.

AAF - Claire Knil

This year the Fair invited artist Claire Knill (represented by Lara Bowen Contemporary) to be the fair’s official installation artist. Knill’s large-scale geometric work, Willow Tree, which took centre stage in the main atrium, transforming the space with movement, light, and reflection. The work focusses on the connection between art and mental well-being.

Sessions this year include Summer Lates, where ticket holders can enjoy live DJ sets with a drink in hand while browsing the fair for new art pieces, and family mornings with free activities from painting workshops to face painting.

There is no denying the huge impact that the AAF has had on the international Art Fair landscape. More prestigious fairs may judge it as being too entry level and decorative, however, none can knock its enduring appeal. Similarly, all international art fairs have taken a leaf out of the AAF’s book and put increasing effort and money into developing exciting engagement programs and talks with the aim of appealing to new collectors.

Photo London, which ran from 15th-18th May, is London’s premier photographic fair which brings the finest international photography to the British capital every year. Staged at Somerset House the home of the Courtauld Galleries, the Fair presents the best historic and vintage works while also spotlighting fresh perspectives in photography. Along with a selection of the world’s leading photography dealers and galleries Photo London’s Discovery is dedicated to the most exciting emerging galleries and artists. In addition, each edition sees a unique Public Programme including special exhibitions and installations; and several Awards announced, headlined by the Photo London Master of Photography Award.

Photo London - Grob Gallery - Bill Brandt
Photo London - Grob Gallery - Bill Brandt
Photo London - Niccolo Montese - AMIATA-5_80x53-1701x2500
Photo London - Niccolo Montese - AMIATA

Beyond the Fair, Photo London regularly hosts Pre-Fair Talks engaging with the craft, market and knowledge of photography and acts as a catalyst for London’s dynamic photography community, with major institutions, auction houses, galleries and the burgeoning creative communities in the East End and South London presenting a series of Satellite Events.

Photo London - GBS Gallery - East.-Atlantic-Ocean-IV.-6.39-am-
Photo London - GBS Gallery East Atlantic Ocean IV. 6.39am

This year the Fair marks its 10th anniversary in the capital, and with it, a new direction under the newly appointed Director, Sophie Parker, who was determined to move away from the clichés of pretty pictures of supermodels, artful murmurations of birds and majestic beasts and present something more serious, international and inclusive culturally.

Photo London - GBS Gallery - InOtherWords-2500x1762 - Harry Cory Wright
Photo London - GBS Gallery - In Other Words-2500x1762 - Harry Cory Wright

By and large Sophie Parker has begun to achieve this. 100 galleries took stands in the Fair, ranging from small to large operations, all showing their finest works. At least half the exhibitors this year were foreign galleries, with an increasing presence from Asia. Well established galleries such a the Grob Gallery, showed superb examples by European greats such as Billy Brandt, Brassai and Brancussi; whilst GBS Gallery showed a strong selection of contemporary photography including ethereal landscapes by Harry Cory Wright and figure studies by the Canadian artist Laura Jane Petelko. There was a strong presence of Paris based galleries, including Galerie Bendana-Pinel who showed the work of Niccolo Montesei – one of the short-listed photographers of the Nikon Emerging Photographer Award, and Galerie Clémentine de la Féronnière who showed beautiful nocturnal landscapes by the Paris based artist, Juliette Agnel.

Photo London - GBS Gallery - East.-Atlantic-Ocean-VI.-7.17-am - Harry Cory Wright

The price pointing at Photo London was naturally higher than at the Affordable Art Fair, with prices starting at about £1,500 and reaching over £200,000 for a rare Brancusi photograph. Having said that, many wonderful things could be bought under the AAF’s top limit of £10,000, meaning that both fairs give new or modestly funded collectors the scope to start their own art collecting journey.

Today, as the fair marks a decade of operations, photography is firmly entrenched in the art world mainstream. Blue-chip galleries now routinely display photographic works alongside painting and sculpture at art fairs like Frieze and Art Basel. This shift was exemplified by mega-gallery Hauser & Wirth’s decision to represent Cindy Sherman in 2021—a bellwether event for photography’s ascent. Sherman, who began her career in the 1970s, was long overlooked by major art fairs but now shares gallery representation with icons like Louise Bourgeois and Philip Guston. In 2023, fellow mega-gallery Gagosian announced its representation of Nan Goldin and brought original prints by Francesca Woodman to Art Basel, alongside personal works by the fashion photographer Richard Avedon.

Photo London - Galerie Clémentine de la Féronnière - Juliette Agnel
Photo London - Galerie Clémentine de la Féronnière - Juliette Agnel

Together, the Affordable Art Fair and Photo London highlight the breadth and depth of London’s art scene this May – from accessible, playful pieces to museum-quality photography. Whether you’re starting your collection or expanding it, there’s no shortage of opportunity to engage with art that resonates, challenges or simply brings joy.

To arrange a valuation of your art or photographs, give us a call on 01883 722736 or email us at [email protected].

 

Mary Moser

Mary Moser, R.A. – The Forgotten Founding Artist of the Royal Academy

The spotlight this week falls on a female artist, who was celebrated in her own day, but is now almost totally forgotten, even amongst cognoscenti. I am referring to Mary Moser. She and Angelica Kauffman were the only two female founder members of The Royal Academy of Arts, but to conform with the mores of the mid 18th Century, were not allowed to be present in Zoffany’s group portrait of the Royal Academicians in a Life Class, as the model was a naked man. Instead, they appear as portraits hanging on the R.A.’s wall in the background of the painting!

Romney, George; Mary Moser; National Portrait Gallery, Londo
Romney, George; Mary Moser; National Portrait Gallery, London

Mary was a portrait painter and pupil of her talented father George Michael Moser (1706-1783), who was Swiss and an engraver and medallist. She won her first medal at the Society of Arts for flower drawings, when she was just 14 and it is as a flower painter that she is remembered, if at all, today. She painted portraits and history pictures as well as flowerpieces and her portrait of the sculptor Joseph Nollekens is in the Yale Center for British Art.

Her private life was colourful. When she was 45 she began an affair with the painter Richard Cosway, who was estranged from his wife, Maria, who may have been having an affair with Thomas Jefferson. Mary and Cosway went on a six-month sketching tour. Soon after which she married Capt. Hugh Lloyd, a widower, whose wife had been a great friend of hers. This was in October 1793.

At around this time she was awarded the most important commission of her career. Queen Charlotte had acquired Frogmore House in 1792 and asked James Wyatt to extend it. The South Pavilion was part of this scheme and Mary was paid £900 to decorate this room with flower paintings on canvas and on the walls themselves. Her style is very much derived from the Old Masters and, in particular, from Jean-Baptiste Monnoyer. This scheme of decoration is still in Frogmore, and I hope appreciated by Harry and Meghan, when they were resident. Now it is just part of a guided tour.

Still Life of Flowers by Mary Moser
Still Life of Flowers by Mary Moser

As well as painting for the Royal Family, Mary taught the 6 daughters of King George III and Queen Charlotte how to draw. Her paintings very rarely appear at auction, only three have come up in the last 30 years; one pair failed to sell and the sole success was for a canvas measuring 21 x 14 ins which sold for £17,250 in November 1996, at Sotheby’s London.

Do look out for her work, as they are very accomplished, out of favour and bound to be inexpensive.

Joseph Nollekens by Mary Moser
Joseph Nollekens by Mary Moser

To arrange an art valuation, call us on 01883 722736 or email us at [email protected].

 

Barry Humphries

Barry Humphries: A Life in Comedy, Art and Satire

Early Life and Education

John Barry Humphries was born on February 17 1934, in Melbourne, Australia. Raised in a comfortable suburban home, he developed a love for theatre, literature, and surreal humour from an early age. He was also a budding artist – as a young child his father would encourage him by drawing head studies and he would do the bodies. Then as a teenager he became a junior pupil in the life class at Melbourne’s George Bell painting school and he continued to paint throughout his life.

Career Beginnings and Move to London

Humphries first made a mark in the Melbourne theatre scene in the 1950s, performing in satirical revues. During this time, he created Dame Edna Everage, originally as a parody of an Australian suburban housewife. In 1959, he moved to London, where he became involved in the vibrant theatre and comedy world. He worked with comedy legends such as Peter Cook and Dudley Moore and became part of the satire boom that influenced British comedy for decades to follow.

Barry with Peter Cooke,( left )and Dudley Moore in the early 1960’s
Barry with Peter Cooke,( left )and Dudley Moore in the early 1960s

Rise to Fame: The Evolution of Dame Edna

Barry’s best known and perhaps best loved character, Dame Edna Everage had transformed over the years from a meek Melbourne housewife in the 50s into an extravagant, purple-haired “megastar” known for her razor-sharp wit, oversized glasses, and love of gladioli. She hosted TV talk shows such as The Dame Edna Experience; and also live stage shows in London’s West End, such as Edna-The Spectacle where she humorously and often ruthlessly insulted members of the audience.

I was an audience member at one of these shows in the early 90s. Our seats were fairly near the front of the stalls, and as I was sitting in the aisle unwittingly I became a prime target for Dane Edna’s audience spotters, who picked me out to come up on stage along with a dozen other people. We were all lined up across the right hand side of the stage, standing rather awkwardly waiting for what was to come. I got off quite lightly, for women Dame Edna made a thorough search through their handbags looking for anything suitably embarrassing and for men it was down to their ‘pocket litter’ and wallets. Somehow I had managed to lose my wallet or at least misplace it in between leaving the car and arriving at the theatre so I just got a severe teasing for having done so…..

Other Iconic Characters

Humphries was a master of character comedy and created several other satirical figures, including:

  • Sir Les Patterson – A vulgar, drunken Australian politician who with his heavily food stained tie and suit lapels unashamedly mocked all and every cultural stereotype.
  • Sandy Stone – A melancholic elderly man reminiscing about a lost Australia.
  • Barry McKenzie – A beer-loving Australian expatriate, featured in comic strips and films.
Dame Edna wearing lot 17 the ‘royal variety dress ‘ which made £21,420 vs £1500-2000 estimate
Dame Edna wearing lot 17 the ‘royal variety dress ‘ which made £21,420 vs £1500-2000 estimate

Film, TV, and Literary Work

Humphries enjoyed success in various mediums:

  • Voiced Bruce the Shark in Finding Nemo (2003).
  • Appeared in The Hobbit: An Unexpected Journey (2012).
  • Wrote novels, memoirs (More Please, My Life as Me), and satirical essays.
  • Starred in numerous stage productions, including one-man shows combining comedy, improv, and audience interaction.

Later Life and Legacy

Despite announcing his retirement several times, Humphries continued performing well into his 80s. He received numerous honours, including a Commander of the Order of the British Empire (CBE) and an Officer of the Order of Australia (AO).

Barry Humphries was not only a brilliant comedian and satirist but also a passionate art collector. Over his lifetime, he built an impressive collection of paintings, drawings, and sculptures, particularly focusing on Australian modernist and surrealist art.

A trick colour shot of Barry sitting next to Dame Edna. On a love seat the dress she is wearing was lot 240 which sold for £29,160 vs an estimated £1,500-2,000
A trick colour shot of Barry sitting next to Dame Edna. On a love seat the dress she is wearing was lot 240 which sold for £29,160 vs an estimated £1,500-2,000

Humphries’ Love of Fine Art

Through his appreciation for modernist and avant-garde art in his youth, Barry was also influenced by movements such as Dadaism and Surrealism. Barry further developed an extraordinarily good ‘eye ‘ for Fine Art and objects. This innate ability later lead to an almost obsessive desire to acquire art and objects he lusted for.

Later during his time in London, Barry mingled with artists and intellectuals, which only deepened this already very strong interest in collecting.

I first came across Barry in the early 1980’s when I was a picture specialist at Christie’s in South Kensington. We held regular sales of Australian and decorative International Fine Art and objects and Barry was a regular attendee at many of these sales. I met him viewing in person at our auction previews on many occasions over the years. He cut a very striking figure in his broad brimmed black velvet hat, usually pulled down low over his eyes and an equally black stylish cape, this gave him an air of mystery always caused a buzz in the sale room. It was always exciting whenever a celebrity came to view one of our auctions , however Barry was different in that he was not only very knowledgeable, he was also very happy to spend time talking about what interested him and why and he was happy to share his knowledge … in his purchasing he showed all the classic hallmarks of the truly dedicated collector, I remember him declaring that he was constantly stretching his finances to buy the best and rarest pieces and then worrying about where the money was going to come from afterwards…..!

Lot 228 under the sea dress , Sold £13,860 estimated at £1500-2500
Lot 228 under the sea dress , Sold £13,860 estimated at £1500-2500
Burne jones young girl sold £195,300 estimated at £30k-£50k
Burne Jones 'Young girl' sold £195,300 estimated at £30k-£50k
Lot 37 by Max Beerbohm sold £37,800 estimated at £8k-£12k
Lot 37 by Max Beerbohm sold £37,800 estimated at £8k-£12k
Lot 84 self portrait by Aubrey Beardsley sold £32,760 estimated at £20k-£30k
Lot 84 self portrait by Aubrey Beardsley sold £32,760 estimated at £20k-£30k
lot 24 ‘Possum spectacles’ £37,800 estimated at £1k-£1.5k
Lot 24 ‘Possum spectacles’ £37,800 estimated at £1k-£1.5k
Lot 35 by Charles Conder sold £113,400 estimated at £100k-£150k
Lot 35 by Charles Conder sold £113,400 estimated at £100k-£150k
Lot 13 the Sydney opera house glasses, sold for £25,200 estimated at £1k-£1.5k
Lot 13 the Sydney opera house glasses, sold for £25,200 estimated at £1k-£1.5k
Lot 15 red glasses , sold for £15,120 estimated at £1-1500
Lot 15 red glasses , sold for £15,120 estimated at £1k-£1.5k
Lot 17 the ‘royal variety dress’ which made £21,420 vs £1500-2000 estimate
Lot 17 the ‘royal variety dress’ which made £21,420 vs £1500-2000 estimate
Lot 224 Edward Lear by himself sold £10,710 estimated at £2k-£3k
Lot 224 Edward Lear by himself sold £10,710 estimated at £2k-£3k
Lot 5 a view of Wilpena painted by Barry himself sold for £21,420 versus an estimate of £3k-£5k
Lot 5 a view of Wilpena painted by Barry himself sold for £21,420 versus an estimate of £3k-£5k

Artistic Influence on His Comedy

His love of surrealism and modernist art influenced his comedic style, seen in the absurdity of his characters and his sharp satire. His appreciation for visual aesthetics was also evident in the flamboyant costumes and theatricality of Dame Edna Everage.

Barry Humphries’ art collection is a true reflection of his intellectual curiosity, humour, and love for the avant-garde, making him not just a performer but also a serious connoisseur of fine art.

Barry died on April 22, 2023, at the age of 89, a significant number of works from his collection along with pieces from his work as an entertainer such as Dame Edna’s flamboyant glasses were included in the first of a series of auctions, this first auction took place in London on February 13th and is called ‘Barry Humphries, the personal collection’, unsurprisingly the printed catalogue has completely sold out, however it’s still possible to view the auction online and I have highlighted the results for a few pieces from this remarkable very personal collection, which includes numerous pairs of Dame Edna’s trademark glasses along with Fine objects, original paintings and prints by various artists, plus a number of fine original paintings by Barry himself!

Barry really was a man of many talents and interests and he leaves behind a much larger legacy as one of the greatest satirists and entertainers of his time. While his humour, characters, and sharp social commentary remain an enduring part of comedy history; his contribution as an avid, determined and hugely knowledgeable art collector adds significantly to his much more widely known legacy as an entertainer.

Post auction insurance values

A very recent auction such as this one has arguably established a market or auction value represented by the prices achieved, however they do not represent a value for insurance purposes, they are only the price achieved on the day and on another day at another time the price may well be quite different. Therefore, it is important to have any new purchases valued for insurance and added to your policy schedule as soon as possible and from then on, have them re-valued on a regular basis, ideally every four years also with the rest of your collection.
Looking at the results of the sale, I’d say there were two distinct groups of buyers. Generally, prices for the traditional art, sculpture, and paintings were closer to their estimates than those for the Dame Edna souvenirs, dresses, glasses, and so on.

Barry Humphries was, as I saw him, a very serious collector who made significant financial sacrifices to amass such a fine ‘private collection’, as the auction title suggests. Strong prices were achieved for the traditional art, sculpture, and paintings, which sold much closer to their estimates. The more ‘frivolous’ Dame Edna souvenirs, strictly speaking not collected by Barry but ‘acquired’ over the years, were less predictable.

The top lot of the sale, Sand Dunes by Charles Conder, sold for £239,400 against an estimate of £200K to £300K, so spot on. I imagine the buyers of dresses and glasses had little or no interest in this painting or any of the other serious artworks. Quite understandably, they just wanted to own something as a memory of a celebrity they loved and weren’t too concerned about what they should pay.

I don’t envy the person who had to estimate the value of Edna’s glasses or stage costumes. Perhaps the estimates were perfectly reasonable if people hadn’t loved Dame Edna so much. In hindsight, they might appear cautious, but I think they were fair to begin with. After that, it simply became a matter of passion and a hugely enjoyable bidding war to determine the winners.

By contrast, prices for the paintings were more predictable as there were comparable results from past auctions, many likely bought by Barry himself. On average, these works sold closer to their estimates, though some did exceed expectations. That happens even in single-owner sales of non-famous people’s collections, where prices almost always exceed expectations. I once worked it out and found that, on average, the final total for a single-owner sale was 2.4 times the pre-sale low estimate.

As they say in football, this was a game of two halves. Fans of Dame Edna were on one side and, on the other, serious collectors of late 19th- and 20th-century British illustrators, Australian artists, and admirers of Oscar Wilde and his followers. It made for a truly memorable auction and great entertainment. The final sale total was £4,627,224.

Barry would have loved it!

CHARLES CONDER (1868-1909) Sand dunes, Ambleteuse. Price realised GBP 239,400 Estimate £200k-£300k.
CHARLES CONDER (1868-1909) Sand dunes, Ambleteuse. Price realised GBP 239,400 Estimate £200k-£300k.

To arrange a memorabilia valuation or an art valuation call us on 01883 722736 or email us at [email protected].

 

Iris Apfel Auction

Unapologeticaly Iris – The Iris Apfel Collection Auction

Highly anticipated, Christie’s Sale of Iris Apfel’s collection took place as a timed auction from New York, running from 28th January until 13th February. The sale included 220 lots from the late ‘Matriarch of Maximialism’s’ personal collection across fashion, furnishings, textiles, accessories and of course, jewellery.

Known and celebrated for her bold and bright signature style, Apfel was a renowned interior designer, fashion icon, model, curator and collector. Her irreverent, eclectic and playful style was absolutely reflected in the incredible lots on offer.

Accessories

It seems fitting that the lot to ‘kick off’ this stylish sale was a selection of eighteen pairs of glasses. In bright hues, zebra prints and heart shapes, this striking mixed lot certainly set the tone for the rest of the sale. Estimated initially at $400-600, the bids were sitting at over ten times that amount a mere few days into the two-week timed sale, and one lucky bidder secured this lot for $15,120.

Iris Apfel 1921 - 2024
Iris Apfel 1921 - 2024
Lot 1 - A CASE OF EIGHTEEN MULTICOLOR AND PATTERN EYEGLASS FRAMES. IRIS APFEL X ZENNI, 2021-2022
Lot 1 - A CASE OF EIGHTEEN MULTICOLOR AND PATTERN EYEGLASS FRAMES. IRIS APFEL X ZENNI, 2021-2022

Another lot that was unsurprisingly popular was lot 48, ten pairs of eyewear. Only two days into the sale the bidding was at $3,500 against a modest $200-300 estimate, and bidding concluded at an incredible $16,380.

Another lot of Apfel’s accessories included a selection of evening bags. Including all the hallmarks of Apfel’s signature style to include embroidery, bold colours, feathers and embellishments, this popular lot sold for $10,080.

Lot 48 - TEN PAIRS OF EYEWEAR
Lot 48 - TEN PAIRS OF EYEWEAR. VARIOUS DESIGNERS, INCLUDING CHRISTIAN DIOR, EMILIO PUCCI, LATE 20TH/21ST CENTURY
Lot 209 - SEVEN EVENING BAGS
Lot 209 - SEVEN EVENING BAGS LABELED OSCAR DE LA RENTA, CHADO RALPH RUCCI, ARTISTIC BOMBAY, THE REST UNLABELLED, LATE 20TH/21ST CENTURY
Iris Apfel Furniture

Furnishings

The daughter of an antique dealer and an expert on interiors (having decorated the White House for no less than nine Presidents!) bidders were offered a glimpse into Apfel’s extraordinary collection of interiors and decorative objects.

Animals were a huge feature in Apfel’s interiors collection, multiple paintings of Maltese dogs (a clear favourite), Black Forest bears, and even a giant carved ostrich were just a few of the animal lots on offer. The carved 1970s Italian ostrich stood 124cm high and had been featured in Apfel’s Architectural Digest issue of 2016, estimated at 6,000-8,000, this big bird sold for $16,380.

Vibrant prints, colours, and an eclectic mixture of items from Greek style all the way to the present day ensured the catalogue was a visual treat!

A personal favourite of mine was a pair of wonderful Italian armchairs. Modelled with a scallop shell back, dolphin armrests and raised on shell legs, these 20th century carved and silvered chairs exuded sheer opulence! Estimated at $2,000-3,000, these chairs reached $8,820. The back and seat in scallop-shell form, the arms modeled as dolphins raised on shell-form legs, the back legs on each example attached backwards. 40 in. (101.5 cm) high, overall.

Lot 23: A PAIR OF CIRCULAR BRASS HALL LIGHTS EACH MOUNTED WITH A CONTINENTAL CERAMIC PARROT.THE LIGHTS 20TH CENTURY, THE PARROTS LATE 19TH/20TH CENTURY
Lot 23: A PAIR OF CIRCULAR BRASS HALL LIGHTS EACH MOUNTED WITH A CONTINENTAL CERAMIC PARROT.THE LIGHTS 20TH CENTURY, THE PARROTS LATE 19TH/20TH CENTURY
Lot 86 - A PAIR OF ITALIAN SILVERED ARMCHAIRS
Lot 86 - A PAIR OF ITALIAN SILVERED ARMCHAIRS
Lot 85: SPANISH SCHOOL, 17TH CENTURY Portrait of Margarita Teresa (1651-1673), Infanta of Spain, and later Holy Roman Empress, Queen Consort of Germany Hungary and Bohemia, Archduchess Consort of Austria, in a red and silver silk gown and jewel-encrusted stomacher oil on canvas, in a painted oval 68.9 x 52.7 cm. $1,500-2,000. Sold for $17,640.

Fashion

Hotly anticipated was Apfel’s selection of fashion and couture pieces. Taking up just under half of the sale, there were ninety-six lots from Iris’s collection, ranging from group lots of unattributed vintage clothing at the lower end of the offering, all the way to custom couture pieces Iris wore in printed publications. This wonderful mixture of high-low dressing was absolutely Apfel’s trademark and lent an accessibility to collectors of all levels.


Designer garments by Carolina Herrera, Balenciaga, Dries Van Noten, Moschino, Christian Dior, Alice & Olivia, Valentino, Prada, Jean Paul Gautier, Iris Apfel x H&M and countless other designers were offered with estimates from $100-200 to $1,200-1,800.

Lot 51 - A multicolour feather coat
Lot 51: A MULTICOLOR FEATHER COAT
LABELED DIOR HAUTE COUTURE, PARIS, 21ST CENTURY

Amongst the top sellers was this fabulous Dior Haute Couture feather coat that Apfel had been photographed in by James Mollison for the Collectors series, featured in a 2018 Issue of Christie’s Magazine. This piece instantly attracted bids and reached $9,000 very early on in the timed sale, finally settling at $11,970 at the conclusion of the sale.

Lot 32 - A MULTICOLOR BEADED AND EMBROIDERED ‘IVAN’ COAT. LABELED ALICE + OLIVIA BY STACEY BENDET, CIRCA 2022
Lot 32 - A MULTICOLOR BEADED AND EMBROIDERED ‘IVAN’ COAT. LABELED ALICE + OLIVIA BY STACEY BENDET, CIRCA 2022
Lot 38: A RED SATIN AND MULTICOLOR SEQUIN-ADORNED “IRIS” SKIRT LABELED ALICE + OLIVIA BY STACEY BENDET, 2018
Lot 38: A RED SATIN AND MULTICOLOR SEQUIN-ADORNED “IRIS” SKIRT LABELED ALICE + OLIVIA BY STACEY BENDET, 2018

A heavily beaded and embroidered coat by Stacey Bendet for Alice & Olivia in 2022 was also fought for by bidders and reached $6,048 against a $400-600 estimate.

Another garment by this designer was an eye-catching A-line skirt detailed with Iris’ own embroidered and sequinned portrait sold for $7,560.

Jewellery

Another layer of Apfel’s iconic style was of course her jewellery. This sale featured sixteen lots of jewellery, all beautifully bold and eye-catching!

Group lots of brightly coloured lucite bangles, costume jewellery acquired from travels to Eastern Europe, the Middle East, China and the Hindu Kush region, beaded necklaces, rhinestone suites, and Southwestern American jewels were all a part of this spectacular offering of stylish jewellery.

Lot 158 - A MIXED GROUP OF TURQUOISE COLORED JEWELRY IN LUCITE, RESIN AND SILVERED METAL
Lot 158 - A MIXED GROUP OF TURQUOISE COLORED JEWELRY IN LUCITE, RESIN AND SILVERED METAL

The top-selling lot for the jewellery was this wonderful selection of turquoise, lucite and resin costume jewellery. Featuring an Alexis Bittar bangle, Jianhui London necklaces and bracelet, Rara Avis bracelets, blue hardstone studded lucite cuffs and bangle among others, this beautiful collection sold for $9,450 against an estimate of $300-500.

Pieces from Apfel’s own line of costume jewellery Rara Avis, originally sold through the Home Shopping Network were also amongst the lots on offer. Her playful lucite bangles set with googly eyes were trademark Iris and one of the most popular designs from Rara Avis at the time. These typically retail on the secondary market between $300-400, however with the added provenance, this lot of fifteen bangles (six by Rara Avis) sold for $6,300.

Lot 14 - A GROUP OF MULTICOLOR LUCITE BANGLES.
Lot 14 - A GROUP OF MULTICOLOR LUCITE BANGLES.

To arrange a jewellery valuation, call us on 01883 722736 or email us on [email protected].

The Art Market 2023 – 2024: A review

2023-2024 has been a deeply complex year all round; the world has had to navigate the continuing conflict in Ukraine, the ongoing volatility in the global financial markets and high inflation and interest rates, together with the increasingly tense and brutal situation in the Middle East. This combination of factors does not breed economic confidence and positivity, but rather caution and concern. This is also true of the art market, which is inextricably linked to the economic markets. 2023-2024 has been a year of contraction and reassessment.

The escalating inflation and other economic concerns in different regions have directly impacted available discretionary income and subsequent spending for many collectors. Even for high-net-worth (HNW) collectors, who may have been less impacted by cost-of-living hikes, concerns over wealth creation and its stability affected their willingness to make discretionary purchases and sales, while volatile social and political issues weighed on sentiment and distracted their focus from their collections.

The two years following the Covid pandemic, saw the art market recover and the general outlook become more positive. Sales increased across all sectors, which saw rapid and expansive growth, with the market reaching new heights – culminating in 2022 with global art sales of $67.8 billion.

In 2023 and 2024, the trickle-down effect from the global economy hit the art market, which saw a noticeable but not drastic 4% downturn, resulting in $64.4 billion global sales across all sectors and regions. Considering the significant external factors at play, this 4% fall has been surprisingly modest. The auction houses saw a greater fall than dealers, losing 7% of their sales versus 3% for dealers.

Pablo Picasso (Spanish, 1881-1973) Femme à la montre (1932) Sold for $139.4 million at Sotheby’s, making it the most expensive artwork sold at auction in 2023.
Pablo Picasso (Spanish, 1881-1973) Femme à la montre (1932) Sold for $139.4 million at Sotheby’s, making it the most expensive artwork sold at auction in 2023.

Interestingly, it has been the lower to mid end of the art market that has fared better than the top of the market. This is unusual as normally in times of economic and political upheaval, the blue chip dominated top end of the market tends to be recession proof – quality is always demand and carries a premium. In this case, however, the relatively heavier downturn at the top of the market was reflective of a lack of supply to the market rather than a lack of money or interest. Major collectors have been reluctant to let major works from their collections go to auction when there is an underlying concern about the economic future. Much of this caution is misplaced, the appetite and money to buy great things still exists, as is evidenced by a slew of strong prices achieved by the major works which did make it to the market – most notably the $139.4m for Picasso’s 1932, Femme à la montre, or the £85.3m for Klimt’s Lady with a Fan. The lower to mid-level of the market had no such issues, with a healthy supply fuelling an increase in overall global sales transactions of 39.4 million (albeit at a lower level).

Gustav Klimt (Austrian, 1862-1918) Lady with a Fan Sold for £85.3 million ($106,756,354) at Sotheby's London
Gustav Klimt (Austrian, 1862-1918) Lady with a Fan Sold for £85.3 million ($106,756,354) at Sotheby's London

One of the main reasons for the relatively modest aggregate downturn in the art market has been differences in the performance of sales in some of the major global art markets – some have fallen but some have risen to counter this.

Historically, the three main players in the art market geographically have been the US, Britain and Asia represented by China in its entirety, including Hong Kong and Singapore. Within this group, the US is, and has always been, the senior partner. The US has the largest concentration of art buying wealth anywhere in the world, it is where the largest financial art transactions occur, and the where the most prominent auctions take place. In spite of this though, in 2023-2024 the US art market dropped by a significant 10% to $27.2 billion, which represents 42% of the global art market. This was predominantly due to the shrinking of the top end of the market.

In contrast, for the first time ever, China out stripped the UK to reach second place, up 19%, with sales of $12.2 billion. The rapid growth in the Chinese market balanced out the drop in the US and UK markets, resulting in the small global aggregate drop of 4%. China’s sudden growth was a result of their delayed bounce back from the COVID crisis – whereas the West came out of lockdown in 2021 and experienced a surge in economic growth; China on the other hand experienced harder and longer lock downs, only coming out of COVID recession in 2022-2023. Their economic boom was therefore felt in 2023, with their population eager to enter the market again with enthusiasm. Also, many auctions which had been cancelled due to COVID were rescheduled for 2023 and early 2024, resulting in a significant spike in sales.

Wassily Kandinsky (Russian, 1866-1944) Murnau with Church II, 1910 Sold for $44.8 million at Sotheby’s New York
Wassily Kandinsky (Russian, 1866-1944) Murnau with Church II, 1910 Sold for $44.8 million at Sotheby’s New York

Historically, whilst Paris has been Europe’s centre of creativity, London has been the great centre of European art trading. In 2023, however, the UK fell to third place globally, down 8% with $10.9 billion. Much of that was due to China’s surging market, but the effects of Brexit were also a significant contributing factor. The increased difficulty and cost of trading in the UK, due to increased bureaucracy and import duties, have had a very real effect on the art market. Add to this, the indefinable impression felt internationally that London has lost its way somewhat and is not open to business as it used to be, has contributed to the UK’s art market decline in sales.

Jean-Michel Basquiat (American, 1960-1988) El Gran Espectaculo (The Nile), 198 Sold for $67m at Christie’s, New York.
Jean-Michel Basquiat (American, 1960-1988) El Gran Espectaculo (The Nile), 198 Sold for $67m at Christie’s, New York.

The growth of online digital sales has continued in tandem to traditional sales. The COVID crisis was pivotal in the push towards online sales, as it was a essential to the survival of the art market at the time. In 2023-2024, online sales rose 7% on 2022 figures to $11.8 billion, representing 18% of all art sales. This figure will do doubt continue to rise as collectors become more tech savvy and comfortable, however, the value of individual purchases remains relatively low – under $50,000. It seems that at the higher level of transactions, collectors still want to touch noses with the artwork before committing!

Whist the art market did contract by 4% in 2023-2024 due to various global economic and geopolitical factors, the market has stayed remarkably strong, nonetheless. Money has not disappeared, nor that the collector base, what has changed is that market is now more a buyer’s market rather than a seller’s market – the inflated hot air has left the room. That said, great things still made very strong prices when they came to the market as evidenced by the following master works which for sale last year.

Mark Rothko (American, 1903-1970) Untitled (Yellow, Orange, Yellow, Light Orange), 1955 Sold for $46.4 million at Christie’s, New York
Mark Rothko (American, 1903-1970) Untitled (Yellow, Orange, Yellow, Light Orange), 1955 Sold for $46.4 million at Christie’s, New York

If you would like an art valuation, get in touch by calling us on 01883 722736 or email us at [email protected].

FRANK AUERBACH WITH HIS SELF PORTRAIT IN THE NPG. 14 May 2002 PILSTON

A Tribute to Frank Auerbach (1931–2024)

Frank Auerbach, one of the most important and unique voices in contemporary art, passed away on 11th November, leaving a profound legacy in the world of painting. His death marks the end of an era, but his work—raw, visceral, and deeply human—will endure for generations to come. Auerbach’s paintings, which often appeared as works of fierce immediacy, were also the products of an unrelenting pursuit of truth and an intimate understanding of his subjects.

Frank Auerbach Self-Portrait (1958)
Frank Auerbach Self-Portrait (1958)

Frank Auerbach, one of the most important and unique voices in contemporary art, passed away on 11th November, leaving a profound legacy in the world of painting. His death marks the end of an era, but his work—raw, visceral, and deeply human—will endure for generations to come. Auerbach’s paintings, which often appeared as works of fierce immediacy, were also the products of an unrelenting pursuit of truth and an intimate understanding of his subjects.

Born in 1931 in Berlin, Auerbach’s life and art were shaped by history, by the upheavals of World War II, and by the quiet intensity of urban London. His parents were, jewish and were part of a thriving and integrated community fully assimilated into German society. His father, Max, who had served in the German army, was a lawyer, and his mother, Charlotte, had studied art. In 1939 his parents, concerned by the escalating, violent anti-semitism of Nazi Germany, dispatched Frank then aged 8 to England via the Kinder transport, he never saw them again. Sporadic letters from them conveyed via the Red Cross, ceased in 1943. Only much later did he learn that they had both been taken to Auschwitz early in March 1943 and both has died there that year. Talking about this time in his life on BBC radio’s ‘This Cultural life’ first broadcast on January 27th this year, he says “I am in total denial, and it has worked very well for me. To be quite honest I came to England, and it truly was a happy time. There’s just never been a point in my life when I wished I had parents.” Indeed, it did all work out well for him. He had the good fortune to find himself with some of the other Jewish Refugees at Bunce Court, a Quaker school in Kent which he loved and where he excelled in Art and Drama. In 1947 he was naturalised as a British Citizen and moved to London. He decided at the age of 16 to become an artist and attended art classes at Borough Polytechnic, now London South Bank University where the famous British painter David Bomberg taught him. Following this he was accepted at St. Martin’s School of Art.

It is tempting, to see Auerbach’s need for routine, his desire to keep the same sitters in the same place year after year, as a reaction to his childhood. Equally he lived within a very tight local orbit, and his subject matter comes almost entirely from his immediate environs of North London and his studio with its unfailingly regular and intensely loyal sitters.

In the early 90’s I had the pleasure of meeting one of these sitters, the art collector and academic Ruth Bromberg (1921-2010). Ruth sat regularly for Frank for two hours every Thursday for almost seventeen years. I asked myself why ? I found the answer in a letter Ruth wrote to Frank in 2008 published by the British Museum. Due to failing health Ruth reluctantly relinquished her duties as sitter, she wrote sadly to Frank as follows.’ I know how important your sitters are to you, and I would not wish to be the cause of disruption in your work schedule…I cherish my hours spent in the studio, my home away from home…Thursday afternoons will never be the same again and I feel the loss.’

Ruth Bromberg Frank Auerbach
Head of Ruth Bromberg (2005)

Frank’s brushwork, a relentless engagement with the surface of the canvas, was a testament to his tireless search for meaning beneath the layers of the everyday world. His portraits, are at once fiercely abstract and deeply personal, capturing the essence of the individual through the weight of paint and the tension of form.

Auerbach’s paintings are known for their emotional depth and complexity, born of years of painstaking observation and reworking. He would often spend months, even years, refining a single portrait or cityscape, digging deeper each time into the texture and emotion beneath the visible surface. His relentless approach to painting was not only about achieving perfection but about honing a profound connection between artist and subject. Each stroke on the canvas, each layering of thick impasto, spoke to Auerbach’s belief in the struggle to capture truth and memory—never an easy task, but one that demanded everything of him.

Mornington Crescent by Frank Auerbach
Mornington Crescent (1969)

His works were never concerned with trends or the fashion of the moment; instead, Auerbach’s paintings radiated an honesty and integrity that transcended time. His commitment to figuration, at a time when abstraction was dominant, and his resistance to simplification, made him a singular figure in British art. He was a master of his craft, but never complacent; always evolving, always questioning. He was a painter’s painter and his opinion really mattered to his fellow artists, particularly to his close friend Lucian Freud, who would not consider a work finished until Frank had seen and approved it.  

Head of Lucien Freud by Frank Auerbach
Head of Lucien Freud (1960)

Throughout his life, Auerbach remained a fiercely private individual, rarely seeking the limelight. Yet, his work spoke loudly, its emotional power reverberating in galleries and collections around the world. His portraits were not just depictions of faces—they were psychological explorations, capturing the depth of the inner life of his subjects. His cityscapes, on the other hand, were a meditation on the persistence of memory, as well as the transformation of place over time.

Auerbach’s influence, though perhaps understated in some circles, was profound. His legacy is not merely in the works themselves but in the way he taught us to see: to engage with the world with intensity, with a fierce awareness of its complexities and contradictions, and to never settle for the surface.

In his passing, the world has lost a giant. But the impact of Frank Auerbach’s work will continue to inspire and challenge us for many years to come. His paintings will live on, continuing to confront us with the same questions he asked of himself throughout his career: ‘What does it mean to capture a moment, a face, a city? How can we, as artists and as people, approach the world with the depth and urgency it deserves?’

Rest in peace, Frank Auerbach. Your vision, your dedication to your art will never be forgotten.

Jonathan Horwich, 14/11/2024

To find out about our art valuation service call us on 01883 722736 or email [email protected]

Old Master Sales December 2023

The December Old Master Sales were rather lacklustre with the three major London salerooms, Christie’s, Sotheby’s and Bonhams reporting combined totals for their five sales of £55.8M, just less than December 2022’s feeble total of £56.3M.

One can hardly blame consignors for not wishing to offer great paintings at auction in the current geo-political climate. These totals would have been nearly 40% lower but for an early Rembrandt of the Adoration of the Magi sold by Sotheby’s to the guarantor for £9.5M and two Canalettos (1697-1768) (not a pair, but part of a set of Venetian views), sold at Christie’s for £8.2M. They had never previously been published and were, therefore, ‘fresh’ to the market.

Interestingly, the Rembrandt at Sotheby’s, had been offered by Christie’s Amsterdam, two years ago, as ‘Circle of Rembrandt’, with an estimate of €10-15,000. It was knocked down to the Sotheby’s consignor for €860,000. So, somebody else had recognised its potential, too.

My favourite painting from all the sales was the most unusual ‘The Virgin in Prayer’, by the enigmatic Flemish artist, Michiel Sweerts (1618-1664).

This is a picture within a picture. Sweerts paints himself, peeping shyly round the edge of a framed picture of the Virgin in Prayer, which he has painted and, which he is showing to you, the onlooker, with a cloudy sky behind him. It is a touching picture, not only for the sacred nature of the central subject, but because here is the apprehensive artist, watching anxiously to gauge your response to his painting. It made a well-deserved £1.4M hammer price, 3 ½ times the lower estimate.

If the market is wary of exposing Old Master masterpieces at the current time, no such worries affected the group of beautiful Rembrandt etchings collected by the discerning Sam Josefowitz. There were some great rarities offered amongst the 70 lots offered in a dedicated catalogue and every print was in excellent condition. This was a collection for connoisseurs and museum curators. Every lot sold, mostly well above the top estimate and 51 world records were achieved for individual subjects. This catalogue and the 5 prints offered in their Old Master sale, grossed Christie’s £10.2M including buyer’s premium. The front cover lot of a Sea Shell, (Conus Marmoreus), which measures 97 x 132 mm and is an etching, engraving and drypoint on laid paper, made £730,800 with buyer’s premium. It is a natural object of profound beauty and simplicity. It was the top price of the sale and proves that whatever market conditions prevail, masterpieces will find their true level.

The Art Market 2023

2023 in the Art Market has been one of readjustment and realignment, but thankfully not collapse – a market correction rather than the much talked about free-fall of the market.

2022 ended on a fever pitch high, with a slew of blockbuster auctions and record-breaking auctions – the Macklowe Collection brought in $922m at Sotheby’s, the Anne Bass Collection achieved $383m at Christie’s, and the Paul Allen Collection achieving just over $1.6b also at Christie’s – taking the honour of being the first sale to top the billion-dollar mark.

Yet even as these records were being made, savvy pundits predicted a gloomier future for 2023 which turned out to be true.

Surprisingly, it was the top end of the market, with its superior quality and strong provenance, that failed to deliver the goods in 2023. It was badly hit in comparison to 2022, generating a little more than half the sales value compared to the previous years. In 2023, the most expensive artworks at auction paled in comparison to last year. The top 100 lots at auction this year totalled $2.4 billion, compared to $4.1 billion in 2022.

Why is this? Experts cite higher interest rates, continued inflations, and the ongoing turbulence in the financial markets as reason for the dip – but economic jitters aren’t the only factor at play. The continuing war in Ukraine continues to negatively effect the global economy, as no doubt, the current Israeli/Palestinian war will too. Added to this, the post-pandemic exuberance of spending that fuelled the market in late 2021 and 2022 has certainly levelled off.

Across every category in the market, sales contracted in 2023 – but some were hit harder than others.

All of this has had a negative effect on the market – spooking all but the motivated seller from consigning their treasures to an increasingly unpredictable and volatile market. Just like the property market, why would you sell in a falling market? As a result, the number of works coming to auction hit a three-year low in the year’s first five months, and the contraction is most extreme on the high end. The May marquee auctions of Modern and Contemporary art in New York were noticeably underwhelming. The three main auction houses grossed an aggregate $1.4bn (with fees), significantly lower than the $2.5bn achieved the previous May, according to data provided by Pi-eX (the Londonbased art auction analysis firm).

Similarly, the up until now extra-hot, speculative/flip led market for young ultra contemporary artists also cooled down dramatically, with demand being far more measured than in 2022. In May 2022 in New York, Sotheby’s The Now sale of 23 recent works by coveted, hard-to-source names had been a bidding frenzy that achieved $72.9m. In stark contrast, just over a year later in June this year, Sotheby’s 14-lot London version of The Now format took £8.7m ($11m). This market had been characterised by heavy speculation and flipping by collectors keen to turn a quick (and often significant) profit on here to untested newcomers to the secondary market. However, market jitters have calmed this market down noticeably – with less activity from ‘flippers’ producing less demand and lower prices.

The biggest decline was in the Impressionist and Modern sector, whose sales plummeted by almost 30 percent year over year. The Postwar and Contemporary category had a slightly smaller dip of 23 percent. Ultra- Contemporary art, once the fastestgrowing category, took a tumble as the froth surrounding the market for young artists began to dissolve. It shrunk by 26 percent year over year. The most stable category turned out to be Old Masters, whose revenue declined a comparatively modest 6 percent. It remains one of the smallest markets by dollar value, second only to ultracontemporary (which covers around two dozen years of artistic production, while Masters embraces nearly six centuries).

Each of the big 3 auction houses saw their sales figures contract in 2023. Christie’s narrowly beat Sotheby’s in the race for the top spot, generating $8.9 million more in fine-art sales by mid 2023. Both houses saw revenue decline in the first five months of the year compared with the equivalent period in 2022. Christie’s was down 23 percent while Sotheby’s was down 20 percent. Hardest hit was Phillips, which reported $255 million in art sales, a 29 percent dip year over year, after reaching a record high in 2022.

In terms of the geographic split of the art market, the top three players stayed the same. The US reconfirmed it preeminence in this regard, albeit with sales down by 25 percent from the equivalent period in 2021, 2020, and 2019. China similarly reconfirmed its place as the second largest market, but in contrast to the US, its total sales spiked by more than 110 percent during the same period. The increase illustrates the continuing strength of the Chinese collector market, but it also reflects a statistical anomaly whereby several Chinese auction houses, including Poly International and Yongle Auctions, postponed their 2022 autumn sales to early 2023 in order to comply with government lockdowns, boosting the country’s spring results.

The UK market experienced a decline in sales of 27 percent but still held third place in the global art market. The impact of Brexit and the increase in overall in logistical and importation costs still continue to effect the profitability of Britian’s historic art market.

During the pandemic and the associated lockdowns, online and digital sales increased out of necessity and market survival and drove global art sales for this period. Now that in-person auctions have fully returned, online fineart sales are hitting a plateau—but they remain far above pre-pandemic levels. A total of $155.8 million worth of fine art was sold in online-only sales at Sotheby’s, Christie’s, Phillips, Bonhams, and Artnet Auctions in the first five months of the year. That’s down 5 percent from the equivalent period in 2022 and down 64 percent from 2021, when many high-profile sales had not yet returned to being held in-person. The 2023 total remains more than 300 percent higher than 2019, when online sales generated just $35.5 million in the year’s first five months. What has changed is the comfort level of collectors to purchase via online routes – the average price in 2023 for an online purchase has dropped to $17,794 which is lower than since 2019.

In conclusion, 2023 – whilst certainly not a bullish year, it has still proved to be a strong market with no collapse foreseen in the near future. Bearing in mind the overall global uncertainties, and the fact that purchasing art is not a survival purchase, this is no mean feat!

Victorian Christmas Paintings: A Glimpse Into Festive Traditions

Much of what we associate with Christmas today, with the exception of After Eights and Christmas jumpers, stems almost entirely from the Victorian era (1837-1901). Prince Albert introduced all of his German family’s Christmas traditions to the Royal household following his marriage to Queen Victoria in 1840. Christmas trees, cards, turkeys with all the trimmings and Christmas stockings were all enthusiastically taken up by Queen Victoria and as the key influencer of her day, her loyal subjects followed and fully embraced all the young Queen’s new and exciting festive family traditions.

Charles Dickens wrote about Christmas and Victorian painters in Europe and America alike brought these Christmas scenes and people to life. Santa Claus was brought to life by the American illustrator Thomas Nast who also invented the Christmas Card, another stroke of Victorian genius that brought a little bit of festive splendour through letterboxes around the world during the festive season.

Here are some common themes and elements found in Victorian Christmas paintings:

1. Family Gatherings: Victorian Christmas paintings frequently feature scenes of families coming together to celebrate the holiday. These gatherings often take place in beautifully decorated homes, with family members enjoying each other’s company.

2. Decorations: The Victorians were known for their elaborate Christmas decorations. Paintings from this era often showcase festively decorated Christmas trees adorned with candles, ornaments, and tinsel. Mistletoe and holly were also commonly used to decorate homes.

3. Gifts and Presents: Gift-giving was an important aspect of Victorian Christmas celebrations. Paintings might depict scenes of children eagerly unwrapping their presents, or the presentation of gifts to family members.

4. Caroling: Christmas carolers, often dressed in traditional Victorian clothing, are a common subject in these paintings. Carolers would go from house to house, singing festive songs to spread cheer.

5. Snowy Scenes: Many Victorian Christmas paintings depict snowy landscapes and scenes, introducing the idea of a “white Christmas.”

6. Feasting: A Victorian Christmas feast was an important tradition, and you can find paintings that feature festive tables laden with roast meats, puddings, and other holiday treats.

7. The Yule Log: The Yule log was a symbol of warmth and light during the Christmas season. Some paintings show families gathered around a fireplace with a burning Yule log.

8. Christmas Cards: Victorian Christmas cards, which gained popularity during this era, often featured sentimental and picturesque scenes. Paintings might show people exchanging or displaying these cards.

9. Acts of Charity: The Victorians placed a strong emphasis on acts of charity and goodwill during the Christmas season. Some paintings depict scenes of people helping the less fortunate, emphasising the importance of giving during the holiday.

10. Father Christmas: The modern image of Santa Claus, known as Father Christmas in the UK, started to take shape during the Victorian era. Paintings might feature the jolly figure of Father Christmas, sometimes dressed in green or other colours, distributing gifts to children.

Prominent artists of the Victorian era, such as John Callcott Horsley (British, 1817-1903) Thomas Nast, (American1840-1902) and Sir John Gilbert (British1817-1897), created Christmas-themed works that have become iconic representations of the holiday. These paintings continue to be cherished for their ability to capture the nostalgia and spirit of Victorian Christmas celebrations.