"People are coming to London, young galleries are springing up...someone was saying earlier that it feels a little bit like the 90s again."
"That's what London does-it grows back from the rubble every time, it's that Blitz spirit,"
"The difference for me is pre-sales-there would have been more in years gone by, there was more urgency."
"You can call that patience, or perhaps realism...for quality, prices are still going up."
An energetic London gallery scene has emerged with younger, experimental galleries drawing crowds and renewed activity reminiscent of the 1990s. Post-Brexit economic weakness and tax reforms pose challenges, but local resilience and institutional buying support continued sales. Thomas Dane Gallery sold Michael Landy's Multi-Saint (2013) to the Arts Council Collection for around €125,000. Galleries report a shift from a speculative, urgency-driven market toward more considered buying, with high-quality work still commanding rising prices. First-day sales included Gareth Cadwallader's Egg (£85,000) and a Rebecca Manson porcelain wall sculpture ($85,000). Hauser & Wirth sold roughly 17 works at Frieze London and another 16 at Frieze Ma...
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