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How Would the Brexit Affect London’s Summer Auctions?

artnet News | Henri Neuendorf:

In a climate of contracting auction sales, the last thing the art market needs is more uncertainty. But with the Brexit referendum approaching, more uncertainty is precisely what is characterizing the upcoming London auctions, which take place at Sotheby’s and Christie’s at the end of the month. According to Bloomberg, all eyes are on the referendum, as British residents decide whether to stay in or leave the European Union. Sellers are holding onto their prized works, and buyers are hoping for bargains at Sotheby’s and Christie’s Impressionist and modern art evening sales on June 21, and June 22, respectively, as well as the two auction houses’ modern contemporary art evening auctions on June 28 and June 29… Read more

Image: Wolfgang Tillmans’ anti-Brexit poster campaign at Photo London 2016. Courtesy of Lorena Muñoz-Alonso

2018-10-23T18:26:48+00:00