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London art market surges as Lewis Collection auction drives June sales amid heatwave

By

Anna Brady

14h ago· 7 min readenNews

Summary

The article reports on London's June art auctions, which coincided with a heatwave and saw a resurgence in market activity. The highlight was Sotheby's evening sale of 25 works from the Lewis Collection, formed by billionaire currency trader Joe Lewis (89) and his daughter Vivienne. This followed a March sale of four School of London works by the Lewises that fetched £35.8m, prompting this larger tranche. The piece examines how the art market is heating up alongside the city's temperatures.

Source

Twitter / XLondon art market surges as Lewis Collection auction drives June sales amid heatwaveapollo-magazine.com

Key quotes

· 3 pulled
London's end-of-term June auctions are usually held during either deluges or heatwaves.
This year, it was most certainly the latter and the sales had a heat that has been missing from recent years, too.
The sale followed that of four School of London works sold by the Lewises at Sotheby's in March, which made £35.8m.
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As a heatwave gripped the city, the auction market finally blazed back into life, writes Anna Brady

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