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Auction Analysis: London Old Masters Auctions – July 2025

Auction Analysis: London Old Masters Auctions – July 2025 (Cover Framed)
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Old Masters provide a positive outlook

The scope of Old Masters sales has broadened in recent years to include 19th century works, reflecting a strategic shift in curatorial approach and market categorisation. The Old Masters London evening auctions generated £58 million (excluding Buyer’s Premium) in July 2025, an increase from 2024, but short of the totals from July 2023.

ABOUT THIS REPORT:
This report presents an in-depth comparative analysis of the Old Masters evening sales at Sotheby's and Christie's in London in July 2025. The analysis provides analytical tools looking at annual trends between 2010 and 2025. The report also features Resold Lots Analysis, and focuses on Old Master Drawings and Days Sales during the Summer period.
CONTENTS

Overview
Top Prices & Top Performers
Auction Analysis
Christie's
Sotheby’s
FOCUS: Repeat Sales Analysis
FOCUS: Mid-Year Review

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