Bonhams hails an 'extraordinary' year as sales head towards £600m  

Auction house Bonhams hails an ‘extraordinary’ year as sales head towards £600m


One of the world’s oldest auction houses hailed an ‘extraordinary’ year as sales headed for £600million.

Bonhams, 228 years old, cashed in amid booming demand for supercars, books, paintings and sculptures.

The number of people registering for auctions was 2.5 times higher than in 2020. 

Masterpiece: Among the highlights of the year at Bonhams was the sale of Pablo Picasso's 1937 portrait, Femme au Beret Mauve, which fetched £8m in New York in May

Masterpiece: Among the highlights of the year at Bonhams was the sale of Pablo Picasso’s 1937 portrait, Femme au Beret Mauve, which fetched £8m in New York in May

Among the highlights was the sale of Pablo Picasso’s 1937 portrait of his muse Marie-Therese, Femme au Beret Mauve, which fetched £8million in May.

The gun that killed Billy the Kid in August sold for £4.6million and a Chinese melon-shaped teapot for £2.1million. 

And as crypto took off, Bonhams offered its first NFT – or non-fungible token.

In June it sold an abstract digital picture for £341,000, just months after artist Beeple sold a digital-only piece at rival Christie’s for £50million.

Bonhams’s Lucinda Bredin said: ‘What a year. We expanded around the world. And let’s not forget NFTs: we sold Cristiano Ronaldo’s trading card and an NFT of Natalia Osipova’s legendary dance from Giselle.

‘This year will go down in history as the beginning of a new art form.’

source: dailymail.co.uk