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The June Auction Report: London Warms Up!

Sotheby’s parlayed its blockbuster Joe Lewis collection into an unlikely June success—a London auction that defied expectations and further amplified the heat on a slowly rising market.

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Sotheby's Lewis Collection Evening Auction sale in London, June 24th, 2026. Photo: Rayan Bamhayan/Courtesy of Sotheby's
Marion Maneker
July 1, 2026

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It’s been many years since London’s June sales were considered a high point of the auction calendar. But this week, Sotheby’s was able to pull out all of the stops—accounting for 92 percent of the city’s total auction revenue, thanks in part to the strength of its $412 million Joe Lewis collection. But even without the Lewis lots, Sotheby’s was able to generate two-thirds of the sales for the week. I’m not sure many in the auction trade saw that coming.

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