Olympic fever spreads to London ’s auction houses
Sales centred on sport and British art and design aim to
make a splash
By Riah Pryor. Web only
Published online: 25 July 2012
It may traditionally be a quiet season for the art market
but this summer auction houses in London
are putting on a show.
Bonhams staged “The Olympic Games Sale” on Wednesday 25
July. Among lots sold was the Henry Robert “Bobby” Pearce rowing archive, which
sold for £49,250 (est £30,000-£50,000) to an Australian buyer. A set of
photographic prints of the 1936 Berlin Olympics by Leni Riefenstahl also sold
for £3,125 (est £2,500-£3,500) and five lithographs of poster designs for the
1972 Munich Olympics by David Hockney, Tom Wesselmann, Victor Vasarely, Allen
Jones and Paul Wunderlich, fetched £500 (est £400-£600). The sale collected a
total £198,350 (est £275,000-£380,000), with just 36.1% sold by lot.
At Christie’s, staff drove a double-decker bus to South Kensington , which has been pedestrianised during the
Olympics. The 1966 example of the Routemaster design is being displayed
alongside other lots from the “The London Sale” until the auction begins on 3
September. It has an estimate of £20,000 to £30,000. The sale, which aims to
celebrate “all things British”, has a total pre-sale estimate of £1m to £1.6m
and also includes a selection of outfits once belonging to Margaret Thatcher,
priced between £800 to £1,500 and an example of the much reproduced Second
World War “Keep Calm and Carry On” poster (est £800-£1,200).
Meanwhile, Sotheby’s is hosting a series of exhibitions
until 11 August, including photographs of the painter Lucian Freud from the
Cecil Beaton archive, a selling exhibition of diamonds and a display
considering Arab women in sport by the photographer Brigitte Lacombe, which was
commissioned by the Qatar Museums Authority.
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