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Digital Subscriptions > Antiques Trade Gazette > 2311 > Traditional values make welcome return to regions

Traditional values make welcome return to regions

Sales in Salisbury and Cambridge find the middle market for period works in buoyant mood

Art market

“There really does seem to be life in the traditional market”.

Woolley & Wallis’ (22% buyer’s premium) latest Old Masters, British & European Paintings sale in Salisbury left specialist Victor Fauvelle in a buoyant mood. “Over the last five to ten years we’ve been a bit wary of these traditional sales because the middle market hasn’t been brilliant. But we noticed in March there was an uplift and it seems to have carried on.”

It may be short-lived, said Fauvelle, but it is encouraging news for a sector that has struggled over the last two decades to keep pace with the popularity and demand for more modern art.

The latest sale on September 12 ran to more than 580 lots and pulled in £450,000, well over the low estimate, with 77% finding buyers. British and Continental portraits and landscapes, even watercolours (an area which has softened over a long period), attracted noticeably more competition than in previous years.

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About Antiques Trade Gazette

Published every week since 1971, Antiques Trade Gazette is affectionately known as ‘the Bible of the antiques trade’. A long tradition of authority, integrity and accuracy, makes it the essential read for everyone who loves antiques. With a subscription to Antiques Trade Gazette, you’ll stay ahead of all the developments in the art and antiques market, plus you’ll enjoy • A comprehensive auction calendar – see when and where every sale will be happening • Exclusive interviews with dealers, giving you the inside track on the trade • Breaking news on key industry developments • Secrets, stories and tips from leading specialists and collectors • Top lots advertised by auctioneers • Previews of the best art and antiques fairs and markets • Special supplements focusing on specific collecting areas

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