Art Market Monitor

Christie’s was looking to make £8m from their very compact sale of 24 Orientalist works in London yesterday. With 71% of the lots–or 17 out of 24–selling for £10.57m, they ended up doing quite well. One reason was this John Frederick Lewis watercolor called The Arab scribe, Cairo which had a £700k high estimate but was bid to almost three times that, finally selling at slightly more than £2m. A Frederick Bridgman, The Nubian Storyteller in the Harem is another reason though the £769k paid was only slightly above the high estimate.

Also of Interest:

• Sotheby’s London Imp/Mod Day Sale Highlights
  Sotheby’s had another strong sale today as many names in the Impressionist and Modern day sale saw sustained interest and...
  
• Heritage LA Illustration Sale
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• Polaroid Evening Sale Highlights
  Yesterday evening’s sale of photographs from the Polaroid collection totaled $7,197,438 at Sotheby’s New York. Every single lot sold, many...
  
• Christie’s Russian Sale Highlights (London)
  ...
  
• Christie’s Souza Sale Makes £5.45m
  Today’s sale of works held by the estate of Indian Modern master, Francis Newton Souza made £5.449m ($7.9m) with these...