London mid-season OMP sales
May 5 2016
I've been meaning to mention the mid-season Old Master sales in London - they did really quite well, with some strong prices and good selling rates. So bah to all those writing off the 'middle market'.
I noticed that portraiture did quite well. For example, the above Cornelius Johnson, which was in fine condition and extravagantly signed, soared to £158,500 against an estimate of just £15,000-£25,000.
Highlighting the vagaries of the auction world was this portrait by Gainsborough, which made £60,000 from an estimate of £15,000-£25,000, even though it had failed to sell earlier at a higher estimate.
Old Master fans are fortunate that the major auction houses are sticking with the OMP middle market, and not only that but still trying hard with it.