The 29 May sale was the departments most successful auction to date making almost £5m.
Furthermore, it was 90% sold by value with some staggering results achieved for fresh, competitively priced material sourced from private collections. Over half of sold lots soared above their high estimates, indicating that Bonhams is best positioned to secure the best price for your Modern British & Irish Art.
The variety on offer within this genre continues to delight buyers, proven by exceptional results for post-war masters such as Auerbach, Scully, Hockney and Freud whilst the early-mid century examples by Spencer, Lavery, Burra and Moore also exceeded expectation. We were proud to break our own world auction record twice over in the same sale for a pencil drawing by L.S. Lowry. Agecroft Regatta sold for £211,250, pipping The Organ Grinder (£151,250) to the title. The sculpture and Irish content were similarly contended for by the packed saleroom and busy telephones.
The cover lot Garden Path, Cookham Rise by Sir Stanley Spencer fetched an impressive £769,250 while the much admired Oil-bound Puffin by Lucian Freud commanded £385,250 on the day, with both returning to private collections.
We are delighted to now invite consignments for the forthcoming auction on 20 November 2013.
Please contact a member of the department or visit the sale webpage for further information.
Buyers' Premium and Charges
For all Sales categories, buyer's premium excluding Cars, Motorbikes, Wine, Whisky and Coin & Medal sales, will be as follows:
Buyer's Premium Rates
28% on the first £40,000 of the hammer price;
27% of the hammer price of amounts in excess of £40,000 up to and including £800,000;
21% of the hammer price of amounts in excess of £800,000 up to and including £4,500,000;
and 14.5% of the hammer price of any amounts in excess of £4,500,000.
VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.
