{"id":26897,"date":"2017-06-23T13:41:01","date_gmt":"2017-06-23T17:41:01","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=26897"},"modified":"2019-02-28T21:53:03","modified_gmt":"2019-03-01T02:53:03","slug":"fewer-and-smaller-a-new-normal-for-londons-summer-auctions","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2017\/06\/fewer-and-smaller-a-new-normal-for-londons-summer-auctions\/","title":{"rendered":"Fewer and Smaller: A New Normal for London\u2019s Summer Auctions?"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div style=\"width: 177px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.nytimes.com\/2017\/06\/23\/arts\/christies-sothebys-london-art-auctions.html?smid=tw-nytimesarts&amp;smtyp=cur\"><img decoding=\"async\" alt=\"24REYBURN2-blog427\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/06\/24REYBURN2-blog427.jpg\" width=\"167\" height=\"223\" \/><\/a><p class=\"wp-caption-text\">Ambrosius Bosschaert the Elder<\/p><\/div>\n<p>Scott Reyburn reports on the recent, and upcoming, sales in London. \u00a0It appears that at least one of the big boys is beginning to understand\u00a0that too much work is not a good thing &#8230; <em>Christie\u2019s cuts its London auctions, leaving Sotheby\u2019s to go it alone with an \u201cImps and Mods\u201d week<\/em>. Do not forget, that not only did we have those major sales in New York last month, but Art Basel just ended and reports from the dealers\u00a0were impressive.\u00a0 My opinion is that more cutting is needed.<\/p>\n<p>&nbsp;<\/p>\n<p>As for\u00a0the Sotheby&#8217;s sales that took place this week, the results were hit or miss.\u00a0\u00a0As we have seen before, some of the misses were\u00a0caused by\u00a0aggressive estimates and some of the hits happened because of those\u00a0guarantees (you have to feel bad for some of those guarantors &#8230; well, maybe not). \u00a0We will give you a more detailed report in our upcoming issue of Comments on the Art Market.<\/p>\n<p>Source: <em><a href=\"https:\/\/www.nytimes.com\/2017\/06\/23\/arts\/christies-sothebys-london-art-auctions.html\" target=\"_blank\">Fewer and Smaller: A New Normal for London\u2019s Summer Auctions &#8211; The New York Times<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Scott Reyburn reports on the recent, and upcoming, sales in London. \u00a0It appears that at least one of the big boys is beginning to understand\u00a0that too much work is not a good thing &#8230; Christie\u2019s cuts its London auctions, &hellip; <a href=\"https:\/\/rehs.com\/eng\/2017\/06\/fewer-and-smaller-a-new-normal-for-londons-summer-auctions\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":26898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[207,20,11,9],"class_list":["post-26897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","category-rehs-contemporary","tag-auction-news","tag-auction-results","tag-rehs-contemporary-news","tag-rehs-galleries-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.8 (Yoast SEO v28.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fewer and Smaller: A New Normal for London\u2019s Summer Auctions? 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