london art market

London Auction Houses Tour: Decoding the Art Market

Get to grips with London’s historic and contemporary role in art collecting

The Finer Details
For centuries, London has been the center of the art market. Names like Christie's, Sotheby’s, and Bonhams are synonymous with the luxury art trade today, but where does this tradition come from? On this London art market tour, we'll learn about the history of the auction houses, how art dealers function, and how the two interrelate.

Our walk will start in Mayfair, at the heart of this multi-billion-dollar global business. Our course through the area will depend very much on current exhibitions and the interests of the group, and will include major auction houses as well as smaller galleries. 

Itinerary Details

Typically, we begin this art tour of London with a basic background on the British passion for collecting and London's historical and contemporary role in the luxury market. Next, we'll introduce the history of Phillips and Bonhams, the auctioneers, and visit some of Bonhams' salesrooms to consider the current exhibition. Here, we may discuss how prices are determined and the role of the auctioneer in the success of a sale.

Our discussion will take us to the Fine Art Society and the Royal Academy, where we'll engage in a discussion on the key players of the art world from the 18th century until today. We will contemplate the arbiters of style and fashion -from Beau Brummell to Saatchi and Jay Jopling- and how they can make or break the fortune of an artist.

Our walk will conclude with a visit to two of London's art institutions: Christie's and the White Cube Gallery. We'll discuss contemporary art and how a gallery like White Cube has contributed to Damien Hirst's becoming one of the highest-earning artists in the world.

Takeaways

At the end of our time together, we'll have a better understanding of how London’s art world functions, exploring the various ways in which art and antiques are bought and sold. We will also get the chance to visit some of the city’s most prestigious commercial galleries and auction houses, and see some important artworks and objects rarely on public view.

This walk is a good complement to our British Museum and Tate Modern tour
Book a Tour
Meet the Experts
Where You’ll Go

From iconic landmarks to tucked-away local favorites, these are the places you’ll explore and experience firsthand with your Expert.

  • White Cube Gallery
  • Bonhams
  • Christie's
  • Royal Academy of Arts
  • Fine Art Society
What’s Included As Standard
Here’s a look at what your tour covers, plus anything you’ll want to consider arranging separately, so you can plan with confidence.
Included
  • English-speaking expert guide
    Tours led in English, offering you unbroken understanding throughout.
  • Intentionally sized groups
    A smaller group means more time for conversations and questions.
  • Tickets and entrance fees
    All entry tickets included (unless clearly stated otherwise).
  • Headsets
    Headsets are included on tours that need them, so every word can be heard.
Excluded
  • Gratuities
    We encourage tipping as a way to thank your guide after your experience.
  • Food and drink
    Refreshments are only included during a tour when clearly noted.
  • Transportation to and from the meeting point
    Guests organize pre- and post-tour transport themselves - this service can be added by request.
  • Hotel pickup or drop-off
    Unless noted, travel to or from accommodation isn’t included - this service can be added by request.
Where You'll Explore
Map of London Auction Houses Tour: Decoding the Art Market general meeting point area

Make the Most of Your Tour

Some helpful advice for getting the most from your experience, from practical prep to small on-the-day tips.

Dos:
  • Wear comfortable footwear
  • Check the weather and dress appropriately
  • Bring a bottle of water (no glass)
  • Feel free to ask your Expert anything
Don'ts:
  • Bring firearms or weapons
  • Bring sharp objects (e.g. knives, swiss army knives, switchblades, hiking sticks)
  • Dress inappropriately to enter religious sites or sacred monuments
Any questions? You can always contact us.

Don’t just take our word for it

37 Reviews

Excellent tour. Alan is very knowledgeable and the tour a unique opportunity to gain understanding and perspective of the London auction and gallery markets.

Alan was incredible! His knowledge was vast and very coherent! It was an excellent experience! The tour was enriching, especially because the timing was great, with several auctions taking place this week, as well as Frieze London! Everything was great!

Very interesting tour about a corner of the art world we knew very little about. Once again, Alan blew us away with his knowledge and his communication skill. What a pleasure to have him guiding us around London for half a day. If you're curious about the topic, do not hesitate. Alan is a gem!

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