Modern British Painting: After Decades in Which Twentieth-Century British Art was Seriously Undervalued, Prices for Paintings are Finally Beginning to Reflect the Quality of the Works. Why has It Taken So Long?(Collector's Focus)
Apollo 2004, Sept, 160, 511
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- 2,99 €
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- 2,99 €
Publisher Description
In the past few years, demand has soared for Modern British paintings which in art-market terms, means works produced between about 1920 and 1980, the point at which they start to count as 'contemporary'. High-quality works of all kinds are selling well, from the conservative realism of the first part of the period through the unsettled, experimental interwar years to avant-garde postwar abstraction. Record prices are being established on a regular basis: on 4 June, Christie's had its best-ever sale of twentieth century British art, in which new world-record prices were set for works by Graham Sutherland, Peter Lanyon, Patrick Caulfield, William Scott and Ivon Hitchens. Two days earlier, Sotheby's auctioned Stanley Spencer's Christ Preaching at Cookham Regatta (Fig. 1) for 1,237,600 [pounds sterling], one of the highest prices paid for a work by the artist. The increasing popularity of this area of the market is making for an exciting time for dealers and collectors, but the fact that interest has become so strong only over the past two years is intriguing and worthy of exploration.