Joe Lewis art collection sells for record £296.3m at Sotheby's London auction
By
Anny Shaw
Summary
Sotheby's London auction of billionaire Joe Lewis's art collection achieved £296.3m with fees, making it the most valuable single-owner collection ever sold in the UK. The sale nearly tripled the previous British record and was led by a once-scandalous Modigliani painting. The result provided a bright spot for the UK auction market, which has been struggling with concerns over Brexit and overseas competition, while New York has dominated with blockbuster single-owner sales over the past year.
Source
Twitter / XJoe Lewis art collection sells for record £296.3m at Sotheby's London auctiontheartnewspaper.comKey quotes
· 3 pulledSotheby's sale of works from the collection of billionaire financier and former Tottenham Hotspur Football Club owner Joe Lewis racked up £249.3m, which comes to £296.3m with fees, making it the most valuable single-owner collection ever sold in the UK
The total nearly tripled the previous British record
The £296.3m London evening sale provided a bright spot for a market struggling with concerns of Brexit and overseas competition
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