{"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":"Christie's Old Masters Set 7 World Records While a Contemporary Collection Online Flops with 55% Sold; Lagerfeld's Sketches Come to Market at Sotheby's","html":"","width":"100%","height":180,"duration":297,"description":"July 1: Christie's Old Masters Set 7 World Records While a Contemporary Collection Flops Online with 55% Unsold; Lagerfeld's Sketches Come to Market at Sotheby's\nH2 2026 opens on the same split as the H1 with Christie's Classic Week setting seven world records in London while, online, a once-buzzy contemporary collection could barely find a buyer. Plus a thousand unseen Karl Lagerfeld sketches head to Sotheby's, Bugatti builds a one-off hypercar, and a soft open for European luxury to start the half.\nALT/FNDATA\n- Membership (Use PODCAST15 for 15% off): https://altfndata.com/go/ob-260701\n- Market reports: https://altfndata.com/go/ob-260701-r\n- Podcast episodes: https://altfndata.com/go/ob-260701-p\nA Tale of Two Salerooms\n- Christie's Classic Week evening sales in London (Old Masters + The Exceptional Sale) made around 64 million dollars and set seven world auction records, led by Titian's Rest on the Flight into Egypt at 17.6 million pounds (about 22 million dollars), an artist record.\n- The same week, Christie's online sale of the contemporary Zabludowicz works flopped: 55 percent of lots failed to sell, once-buzzy artists went for a fraction of old prices, one work fetched just 127 pounds. The flight to quality, lot by lot.\nLagerfeld Comes to Market\n- Sotheby's is holding its sixth sale of the late Karl Lagerfeld's collection, including a thousand previously unseen sketches, plus his gloves, iPods and hundreds of drawings. A designer's archive as coveted as anything on the runway.\nQuick Hits\n- Bugatti unveiled a one-of-a-kind hypercar, the Mistral Blanc Éternel, a 1,578 hp roadster built with porcelain atelier KPM. More tomorrow on Auto Market.\n- Loro Piana (LVMH) won a Turin injunction against copies of its White Sole shoes. At the top of luxury, the design is the asset worth defending.\nThe Markets (Wednesday open)\n- European luxury opened soft to start H2: Burberry down almost 3 percent, LVMH off a fraction, Richemont down about 0.8 percent, Kering up about 1...","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}