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  • London Sees Its Best Evening Auction Results in Years

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    The October evening sales brought the London auction houses their highest totals in years. Courtesy of Sotheby’s

    Sales aren’t just buoyant at Frieze this week—London’s auction houses also saw their strongest results in years, signaling renewed confidence at the top of the market. Kicking off the action, Christie’s 20th/21st Century London Evening Sale on October 15 achieved a robust £106,925,400 ($142,852,000), marking the auction house’s best Frieze Week evening sale in more than seven years. The total was up 30 percent from last year, with 92 percent sold by lot and 90 percent sold by value. Katharine Arnold and Keith Gill, vice-chairmen of 20th/21st century art, Christie’s Europe, reported entering the week with confidence and “carefully priced material,” noting a “spirited and well-attended” public viewing at King Street. “We are proud to have realized such a solid outcome during Frieze Week, a moment that highlights the energy and cultural vitality of London’s art scene,” they told press.

    Leading the sale was Peter Doig’s monumental Ski Jacket (1994), which sold for £14,270,000 ($19,064,720) against a £6,000,000-8,000,000 estimate after more than 13 minutes of fierce bidding between six contenders. Carrying a third-party guarantee, the painting had been acquired in 1994 by Danish collector Ole Faarup, and 100 percent of the proceeds will now go to his foundation. This unusual arrangement also helped Christie’s secure two additional Doigs, despite the artist having become a rare presence at auction.

    With an extensive exhibition history, Doig’s Country Rock (1998-1999) nearly hit seven figures in sterling—though it comfortably did so in dollars—achieving £9,210,000 ($12,304,560). A third, more abstract and heavily textured work, also acquired by Faarup in 1994, sold a few lots later just shy of its high estimate at £635,000. The strong results coincided with the opening of Doig’s new show at the Serpentine in London, further fueling demand.

    Christie’s evening opened with a standout result for Domenico Gnoli, whose hyperrealistic painting fetched £977,000, doubling its low estimate. Immediately after, a more impressionistic landscape by René Magritte landed at £762,990—well above expectations—reinforcing both continued momentum for the artist and the broader strength of surrealism. Later in the sale, Magritte’s drawing La veillée (The Vigil) exceeded its £500,000 high estimate, selling for £812,800.

    Auctioneer gestures from the Christie’s podium during the sale of Peter Doig’s Ski Jacket, with the painting and multi-currency price list displayed on large screens behind him.Auctioneer gestures from the Christie’s podium during the sale of Peter Doig’s Ski Jacket, with the painting and multi-currency price list displayed on large screens behind him.
    The 20th/21st Century: London Evening Sale at Christie’s resulted in several new artist records. Photo: Guy Bell | Courtesy of Christie’s

    Picasso, as usual, delivered dependable results, with several works selling above or within estimate, including the £2,002,000 oil and ink on panel Chevalier, pages et moine. The modern and impressionist offerings also performed within expectations, largely due to the quality of the material: a Marc Chagall painting fetched £2,246,000, while a lyrical bucolic scene by Nabis painter Maurice Denis sold for £1,697,000. Meanwhile, a horizontal abstract work by Hurvin Anderson exceeded expectations, fetching £3,222,000.

    The sale also set several new world auction records, underscoring the ongoing momentum for women artists and long-overlooked names being rediscovered. Paula Rego’s Dancing Ostriches from Walt Disney’s “Fantasia” (1995) soared to £3,466,000 ($4.63 million), setting a new landmark record for the artist. Suzanne Valadon’s Deux nus ou Le bain (1923) followed with a £1,016,000 ($1.36 million) record. Contemporary sculptor Annie Morris’s Bronze Stack 9, Copper Blue (2015) achieved £482,600 ($644,754), while Danish artist Esben Weile Kjær set his first auction record with Aske and Johan upside down kissing in Power Play at Kunstforeningen GL STRAND (2020), which sold for £25,400 ($33,934).

    Among the few unsold works of the night were Yoshitomo Nara’s drawing Haze Days, which failed to find a buyer at its ambitious £6.5-8.5 million estimate, and a gray monochrome by Gerhard Richter—even with the artist opening a major survey at the Fondation Louis Vuitton during Paris Art Week. A black Blinky Palermo also went unsold, while a colorful but slightly less iconic Nicholas Party work, Tree Trunks, was withdrawn ahead of the sale.

    Notably, Christie’s reported that 56 percent of buyers in the evening sale came from Europe, the Middle East and Africa, with only 28 percent from the Americas and 16 percent from the Asia-Pacific region. This confirms revived demand in the regional market, as also evidenced earlier in the day by the heavy attendance at Frieze.

    A £17.6M Bacon headlined at Sotheby’s

    Led by a £17.6 million Francis Bacon, Sotheby’s Contemporary Evening Auction closed at $63.5 million. While the total was less than half of Christie’s the night before, the comparison needs context: this was Sotheby’s third major London evening sale since March—whereas it was Christie’s first of the season. Sotheby’s has already staged two major white-glove sales this year—the £101 million Karpidas collection auction in September and the £84 million Summer Evening Sale—meaning that with last night’s results, the house has now sold £233 million worth of modern and contemporary art in London since March. Moreover, the £63.5 million total marked the highest October evening sale result since 2023, up 25 percent from the previous year.

    A Sotheby’s auctioneer leans on the podium in front of Francis Bacon’s painting, with a Basquiat work partially visible beside it and an audience seated in the foreground.A Sotheby’s auctioneer leans on the podium in front of Francis Bacon’s painting, with a Basquiat work partially visible beside it and an audience seated in the foreground.
    Since March, Sotheby’s has sold £240 million worth of Modern and Contemporary art in London. Courtesy Sotheby’s

    “Frieze is always a special time for London, with so many collectors in town whose presence we always feel in our sales,” Ottilie Windsor, co-head of contemporary art, Sotheby’s London, told Observer. “It was great to have them with us tonight and to see so much live action in the room, helping sustain the strong momentum we’ve built over the past few seasons here.”

    The Francis Bacon result came after 20 minutes of suspense and fierce bidding across multiple phone specialists and a bidder in the room, pushing the final price to nearly double its £6-9 million estimate. In U.S. dollars, the hammer plus fees rose to $17.6 million. For comparison, the last notable Bacon—Portrait of Man with Glasses II—sold at Christie’s in March for £6,635,000 ($8.4 million), and that work was almost a third smaller. Another, smaller Bacon, closer in scale to Christie’s example, sold here for £5,774,000 ($7.3 million). Bacon’s record still stands at $142.4 million, set at Christie’s New York in 2013 with his triptych Three Studies of Lucian Freud.

    The sale opened strong, with solid results for several younger contemporary artists who have recently drawn both market and institutional attention. At lot one, a painting by Ser Serpas landed at £27,940 ($35,700)—just under estimate but still enough to set a new auction record for the artist. The California-born painter, who studied in Switzerland and gained early recognition there, was recently included in a MoMA PS1 exhibition and held a solo show at Kunsthalle Basel during the June fairs.

    Two of the hottest rising names in recent auctions—driven largely by Asian demand and limited primary-market availability—followed. An abstract by Emma McIntyre, now a Zwirner favorite, sold for £50,800 ($65,000), and Yu Nishimura achieved the same price. Both works carried estimates of £40,000-60,000, reflecting the tight competition at this level.

    In between, a 2009 painting by Hernan Bas acquired from Perrotin sold just above its low estimate, likely to its guarantor, at £254,000 ($323,000). Momentum continued for Lucy Bull, whose kaleidoscopic abstraction from 2021—originally acquired from Paris gallery High Art—more than doubled its top estimate of £500,000 ($635,000), landing at £1,260,000 ($1.6 million) after being chased by five bidders, most from Asia.

    Overall, the auction confirmed the ongoing strength of the market for women artists, all of whom sold above estimate. Sotheby’s also posted strong results for Paula Rego: her pastel on paper Snow White Playing with her Father’s Trophies sold within estimate for £900,000 (about $1.15 million), while Jenny Saville’s charcoal study exceeded its high estimate, selling for £533,000 (around $675,000).

    Among other notable six-figure results, a monumental El Anatsui sold just shy of its high estimate at £1,999,000 (about $2.53 million). Jean-Michel Basquiat’s Untitled (The Arm) from 1982—a pivotal year in the artist’s rise—landed squarely within estimate at £5,530,000 (approximately $7 million). Andy Warhol’s Four Pink Marilyn (Reversal) followed, selling within estimate for £4,326,000 (about $5.5 million).

    The masters also held firm. Both of Auguste Rodin’s monumental sculptures from his seminal series The Burghers of Calais sold within estimate to a collector in the room: Jean de Fiennes, vêtu, Grand Modèle achieved £762,000 ($1 million), while Pierre de Wiessant, vita, Grand Modèle, vêtu sold for £889,000 ($1.2 million).

    The market for Lucio Fontana also showed signs of recovery—at least for major works. His rare blue 14-slashed Concetto spaziale, Attese sold just above estimate at £2.8 million (about $3.7 million) following a fierce bidding war among four potential buyers. The deep blue of the canvas was inspired by Yves Klein’s IKB pigment—but Klein’s own Untitled Fire Colour Painting (FC 28), which appeared one lot earlier, surprisingly went unsold after failing to meet its £1.8-2 million estimate ($2.3-2.5 million), despite both an irrevocable bid and a guarantee.

    Other unsold works of the night included paintings by Frank Auerbach and Daniel Richter. Still, Sotheby’s achieved a healthy 89 percent sell-through rate by lot.

    On October 17, Sotheby’s also staged a single-owner sale of 17 iPad drawings by David Hockney from his celebrated series The Arrival of Spring. The results were remarkable: the group doubled its high estimate to reach £6.2 million ($8.3 million), achieving a white-glove sale and setting a new auction record for the artist. With this result, Sotheby’s London has now brought in £240 million (approximately $304 million) since March. Notably, American buyers accounted for 40 percent of the purchasers in the Hockney sale, underscoring the continued global demand for blue-chip British artists.

    A £2,374,000 Basquiat tops Phillips’ London Evening Sale

    On October 16 at 5 p.m., Phillips hosted its London Modern & Contemporary Evening Sale, achieving a total of £10,332,200 ($13,884,410) across 22 lots. The auction was more modest—and less successful—than the others, posting a 32 percent drop compared to last year after four lots failed to sell and four others were withdrawn before the start. The evening was led by a new auction record for Emma McIntyre: Seven types of ambiguity (2021) sold for £167,700 ($225,355) from a modest £50,000-70,000 estimate, edging past her previous record of $201,600 set in May 2025 at Phillips Hong Kong. The second-highest lot of the night was Jean-Michel Basquiat’s Untitled (Pestus) (1982), which comfortably met its pre-sale estimate at £2,374,000 ($3,190,181).

    A Phillips auctioneer points to the room beside screens displaying Jean-Michel Basquiat’s Pestus and its current bids in multiple currencies.A Phillips auctioneer points to the room beside screens displaying Jean-Michel Basquiat’s Pestus and its current bids in multiple currencies.
    An energetic moment from Phillips’s London Modern & Contemporary Art Evening Sale. Courtesy Phillips

    Once again, contemporary women artists confirmed their momentum at Phillips, reaching a high point after Emma McIntyre’s record-setting result when Flora Yukhnovich’s My Body knows Un-Heard of Songs (2017) fetched £1,276,000 ($1,714,689) against a £900,000-1,500,000 estimate.

    Opening the sale was a purple-and-pink abstraction by Martha Jungwirth—now a familiar presence across Thaddaeus Ropac’s fair booths—which exceeded expectations at £180,600. A few lots later, an early work by Sasha Gordon sold just shy of its high estimate at £116,100. Demand for Gordon has been reignited by her blockbuster solo debut at Zwirner in New York, which made her the youngest artist represented by the mega-gallery. Painted in 2019 during her studies, Drive Through marks a transitional moment in her shift toward the more discursive, cartoon-inflected style that catapulted her into the global spotlight.

    Later in the sale, Noah Davis’s Mitrice Richardson (2012) found a buyer within estimate at £451,500 ($606,726), while Derek Fordjour’s Regatta Pattern Study (2020) fetched £528,900 ($710,736), surpassing its high estimate of £500,000. Other notable results included Sean Scully’s Wall of Light Summer Night 5.10 (2010), which achieved £967,500 ($1,300,127) against a £600,000-800,000 estimate, and Robert Rauschenberg’s Gospel Yodel (Salvage Series), which sold for £709,500 ($953,426), more than doubling its £350,000-550,000 estimate. A 2012 sculpture by Bernar Venet fetched £516,000 ($693,401) from a £250,000-350,000 estimate, reflecting the artist’s rising demand—particularly in Asia.

    Not everything landed. A Warhol-inspired Banksy portrait of Kate Moss, estimated at £700,000-1,000,000, failed to find a buyer, while a cacophonic abstract work by Sigmar Polke from 1983-84 also went unsold, likely due to its overly ambitious £600,000-800,000 estimate relative to current market demand for the artist.

    For Olivia Thornton, Phillips’s head of modern and contemporary art, Europe, the overall positive auction reflected “the vibrancy of contemporary collecting” and reaffirmed London’s enduring magnetism: “London remains the cultural crossroads of the global art market.”

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    London Sees Its Best Evening Auction Results in Years

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    Elisa Carollo

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  • Frieze London and Frieze Masters Announce 2024’s Participating Galleries and Programming

    Frieze London and Frieze Masters Announce 2024’s Participating Galleries and Programming

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    Visitors at Frieze London in 2023. Photo courtesy of Linda Nylind/Frieze

    As the art world copes with what feels like an abbreviated summer break and a crowded fall calendar looming, Frieze announced details for its upcoming London fairs, coming up on October 9-12 in The Regent’s Park. The 2024 Frieze fair in London will feature more than 160 galleries from forty-three countries, including some of the leading spaces in London’s gallery scene, with established names like Stephen Friedman Gallery, Alison Jacques, Lisson Gallery, Victoria Miro, Modern Art, White Cube and Thomas Dane Gallery plus spaces devoted to pioneering research on the latest contemporary art expressions, including Arcadia Missa, Carlos/Ishikawa, Leopold Thun’s Emalin and Maureen Paley. Among the international galleries returning to Frieze London are Gagosian, Goodman Gallery, Hauser & Wirth, Gallery Hyundai, Tina Kim Gallery, Lehmann Maupin, Pace Gallery, Perrotin, Almine Rech, Thaddaeus Ropac, Esther Schipper, Sprüth Magers and David Zwirner.

    What to expect at Frieze London 2024

    Frieze London’s newly announced big change is the fresh floorplan by design practice A Studio Between. The new layout will give prominence to the fair’s curated sections, placing more emphasis on artists and discoveries.

    Among those sections, “Focus” will feature thirty-four solo and dual presentations from artists and galleries spanning five continents. In the list of participating galleries and artists, we find that 56 Henry (New York) showcases powerful paintings by Jo Messer; El Apartamento (Havana, Madrid) brings Julia Fuentesal; Madragoa (Lisbon) takes the work of Jaime Welsh; and Gallery Vacancy (Shanghai) the work of Korean artist Sun Woo, among others. Meant to offer a platform especially to the young gallery community, the section is presented this year in collaboration with the brand Stone Island, which will help fund the participation of these emerging galleries.

    Another interesting curated selection that will return this year is “Artist-to-artist,” which mounts six solo presentations chosen by world-renowned artists. This year’s edition will feature Appau Jnr Boakye-Yiadom, chosen by Glenn Ligon (Champ Lacombe, Biarritz); Rob Davis, selected by Rashid Johnson (Broadway, New York); Nengi Omuku selected by Yinka Shonibare (Pippy Houldsworth Gallery, London); Massinissa Selmani chosen by Zineb Sedira (Selma Feriani Gallery, Tunis); Magda Stawarska chosen by Lubaina Himid (Yamamoto Keiko Rochaix, London); and Peter Uka chosen by Hurvin Anderson (Mariane Ibrahim, Chicago, Paris, Mexico City).

    SEE ALSO: Observer’s Guide to 2024’s Must-Visit July Art Fairs

    Finally, connecting material and some narratives that have become increasingly present in the contemporary art scene in recent years, Frieeze created a new themed section, “Smoke,” curated by Pablo José Ramírez (Curator, Hammer Museum, Los Angeles) and dedicated to ceramic works that explore diasporic and Indigenous histories. The section draws its title from El Animal Humo (the Smoke Animal), Humberto Ak’abal’s story of an enigmatic creature made of smoke that emanates from the soil as a sublime and disturbing manifestation of nature. Featured artists include Manuel Chavajay (Pedro Cera, Madrid, Lisbon), Lucía Pizzani (Cecilia Brunson Projects, London), Christine Howard Sandoval (parrasch heijnen, Los Angeles), Ayla Tavares (Galeria Athena, Rio De Janeiro and Hatch, Paris) and Linda Vallejo (parrasch heijnen, Los Angeles), who explore counter-archaeology, the continuum of ancestry and how materials bear witness to diasporic movements.

    Two men at Frieze Mastrs 2023 in London are contemplating a old master painting featuring a Saint moving a wooden wheel and a dog.Two men at Frieze Mastrs 2023 in London are contemplating a old master painting featuring a Saint moving a wooden wheel and a dog.
    Koetser Gallery at Frieze Masters in 2023. Courtesy of Frieze and Michael Adair

    What to expect at Frieze Masters 2024

    This year’s Frieze Masters will feature 130 galleries from twenty-six countries mounting booths focusing on modern and classic masterpieces. Led by Nathan Clements-Gillespie, the fair will similarly try to be more artist-centered, with an expanded “Studio” section and a redefined floor plan designed to encourage creative connections across art history.

    The fair will present long-time exhibitors such as Galerie Chenel, Richard Green, Hauser & Wirth, Lehmann Maupin, Skarstedt and Axel Vervoordt, as well as leading Korean dealers such as Arario Gallery, Gana Art, Hakgojae Gallery and Johyun Gallery. This year, there’s a solid contingent of galleries dealing in ancient Asian art on the roster including Gisèle Croës s.a, Rasti Fine Art, Carlton Rochell Asian Art, Rossi & Rossi, Tenzing Asian Art and Thomsen Gallery. First-time participants include Afridi (London), Bijl-Van Urk Masterpaintings (Alkmaar), Galatea (Salvador, São Paolo), Galerie Léage (Paris), Tilton Gallery (New York) and Trias Art Experts (Munich).

    In terms of thematic sections, Frieze Masters will continue with the “Studio” section curated by British art historian and curator Sheena Wagstaff. This section focuses on practices that illuminate the interconnections between our civilization’s past and future. The line-up includes Isabella Ducrot, Nathalie Du Pasquier, Shirazeh Houshiary and Doris Salcedo

    The other curated section, “Spotlight,” is curated by Valerie Cassel Oliver, curator of modern and contemporary art at the Virginia Museum of Fine Arts and previously senior curator at the Contemporary Arts Museum in Houston, Texas. The section will focus on solo presentations by 20th-century artists, particularly overlooked artists and lesser-known works by established figures from the 1950s to the 1970s. Featured artists include Judy Chicago, Kulim Kim, Balraj Khanna, Donald Locke, Nabil Nahas, Nil Yalter and more.

    Woman observing closely a colorful sculpture by artist Yinka Shonibare at Frieze London 2023Woman observing closely a colorful sculpture by artist Yinka Shonibare at Frieze London 2023
    Visitors at Frieze London in 2023. Photo courtesy of Linda Nylind/Frieze

    Must-see Frieze Week shows

    During Frieze Week in October, the vibrant London art scene will showcase a series of major institutional exhibitions that you’ll want to make sure to put on your art week itinerary. Those include: “Francis Bacon: Human Presenc” at the National Portrait Gallery; Lygia Clark and Sonia Boyce at Whitechapel Gallery; Michael Craig-Martin at the Royal Academy of Arts; “Van Gogh: Poets and Lovers” at the National Gallery London; “Mike Kelley: Ghost and Spirit” and the majestic Mire Lee’s Turbine Hall Commission at Tate Modern; Hew Locke at the British Museum and “Haegue Yang: Leap Year” at the Hayward Gallery.

    A complete list of exhibitors and more information about 2024 programming can be found on the fair’s website.

    Frieze London and Frieze Masters Announce 2024’s Participating Galleries and Programming

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    Elisa Carollo

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