{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Open Bid — Daily Morning Briefing on Auctions, Luxury & Markets","title":"London Art Market Beats the Brexit Blues with Its Biggest Haul in 10 Years; Christie's Sets World Record in Paris with €5.8M Handbag Sale; Luxury Recovers from the Top Down","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/449516af\"></iframe>","width":"100%","height":180,"duration":360,"description":"June 29: London Art Market Beats the Brexit Blues with Its Biggest Haul in 10 Years; Christie's Sets World Record in Paris with €5.8M Handbag Sale; Luxury Recovers from the Top Down\nLondon's art market posts its biggest summer auction haul in a decade; Christie's sets a world record for an online handbag sale in Paris; luxury starts to turn a corner, led by the US and China, even as the everyday shopper tires of higher prices; plus a calmer open to the week after the US and Iran agreed to halt attacks.\nALT/FNDATA\n- Membership (Use PODCAST15 for 15% off): https://altfndata.com/go/ob-260629\n- Market reports: https://altfndata.com/go/ob-260629-r\n- Podcast episodes: https://altfndata.com/go/ob-260629-p\nLondon's Art Market Beats the Brexit Blues\n- London's summer auctions across the big three houses brought in around 560 million dollars, up roughly 300 percent on a year ago: the city's biggest haul in a decade, after ten years of post-Brexit drift.\n- Sotheby's led with the Joe Lewis Collection, a 392.6 million dollar evening sale and the most valuable single-owner collection ever sold in Europe. Top lot: Modigliani's 1917 nude Nu assis au collier at about 63.9 million dollars (the season's highest). A René Magritte gouache, La Belle Promenade, made 21.2 million, up more than sevenfold since 2014.\n- Christie's sold the Zabludowicz collection for 15.4 million pounds, led by Philip Guston's Mirror Head (3.9 million pounds), a Richard Prince Cowboy (1.5 million), and a Rose Wylie artist record (292,000 pounds). Phillips added 11.9 million pounds across 90 lots.\n- The caveat: The Art Newspaper cautions that one strong season won't transform a market still below its decade-ago peaks, with galleries contracting even as trophies soar. The same top-versus-broad split we track across luxury. More this week on Art Market.\nA Handbag World Record in Paris\n- Christie's \"Handbags Online: The Paris Edit\" set a new world record for an online handbag sale, totaling 5.8 million euros,...","thumbnail_url":"https://img.transistorcdn.com/1z6r8f5r5Nhr5bhZafuzDRKp6vb1jRw2SVyBQTEXHzQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yZjBi/ZDI5ODQ1ZTAwOTg3/MzMyNTZmOTEwNTY2/NDFiYS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}