It is interesting to read how the small auctions are jumping onto the Russian art bandwagon , with Hampstead Auctions being advised by Michael Prevezer, ex Christies and Phillips silver departments with some good prices achieved for enamels, Chiswick Auctions with a new expert specialising in Faberge and silver, Lots Road looking for Russian silver, Bonhams with their new Interiors sale including Russian and now Timeline Auctions with Icons and Byzantine. It should make May and June much more interesting for collectors and dealers.
What is happening at Sothebys ? At the end of 2015 they were making redundancies to save money, then they guaranteed the Taubman collection and have lost many million of dollars and now they have bought an Art Advisory business for $85 million to promote the Art which has been unbelievably unprofitable.
Is it time for “back to basics” in the big three auction rooms?