Impressionists, Modern and Contemporary Art In London, June 2010

 

The last series of major sales in the world take place in London. It is traditionally top paintings from 1860 to today and this time round it will not be any different.

Sothebys and Christies have the market under control and their sales are of top quality. The world in general is finally settling down to business and we expect to see a very good reception of all sales and some records being broken. Buyers are already thronging in London but the most important ones are in Asia, Russia and America and they will be on their screens and phones.

Explosive prices we predict but,  will that be the case?

There are exceptional pieces in Modigliani, Manet, Monet, Derain and Matisse  plus Picasso but others will also bring to our attention their potential and value. These are exciting sales that will propel the market to another level and into the fall with a lot of confidence.

 

Sales Report

 

The Impressionist and Modern Paintings ales at Sothebys and Christies generated about three hundred millions pounds. That is a very good total with important paintings selling well and above expectations.

Christies raised 153 million for their evening sale and Sothebys raised 112 million pounds. Their day sales raised in total 39 million.

The major artists of world art sold very well with Picasso, Manet, Monet, Klimpt, Derain and Modigliani selling very well and still in big demand for anythng major and good.

 

Watch the market go up by a good percentage.

 

Peter Constant

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