If you love art and want to own a piece from a city that breathes creativity, London’s auction scene is worth checking out. From historic houses to online platforms, there are options for every budget and taste. This guide shows where to look, how to get ready, and what to expect on the day of the sale.
London hosts several big auction houses that run regular sales. Sotheby’s and Christie’s are the most famous, offering everything from Old Masters to contemporary installations. Their calendars are posted online, and you can sign up for newsletters to get alerts about upcoming lots.
For a more local feel, check out Phillips and Bonhams. Both house mid‑range contemporary works and often feature emerging British artists. If you prefer a smaller, niche market, look at Ritchies or Bonhams’s subsidiary Bonhams Fine Art, which focus on prints, drawings, and photography.
Don’t ignore online auction platforms like Artnet and Invaluable. They let you bid from your sofa and give access to lots that might not appear in the physical rooms. Many of these sites also provide video previews, which is handy if you can’t travel to the auction house.
First, decide what kind of artwork you want. Are you after a specific artist, a style, or a price range? Setting clear goals prevents you from getting swept away by the excitement of the room.
Next, do your homework. Look up past auction results for similar pieces – the auction house’s website usually has a searchable database. This will give you a realistic idea of the market value and help you set a maximum bid.
Register for the auction in advance. Most houses require a bidder’s number and a credit card or bank guarantee. Some allow you to bid by phone or online, which can be less stressful if you’re new to the scene.
On the day, arrive early. Walk the preview room, examine the condition of each work, and ask the staff any questions about provenance or authenticity. If you spot a flaw, factor it into your bid.
When the lot comes up, keep your maximum bid in mind and start with a comfortable opening. Listen to the pace of other bidders – some auctions move fast, others linger. If you’re nervous, a trusted friend or a professional bidder can act on your behalf.
Finally, remember the buyer’s premium. Most houses add a 20‑25% fee on top of the hammer price, so include that in your budget. After you win, the auction house will handle payment and arrange shipping or collection.
London’s art auction scene is vibrant and accessible. Whether you walk into a grand hall or place a bid online, the experience can be thrilling and rewarding. Use the tips above, stay curious, and you might walk away with a piece that adds personality to your home and maybe even grows in value over time.
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