The Edinburgh-based auctioneer Lyon & Turnbull has announced that its end of year Asian Works of Art sale will not be held in its elegant Edinburgh auction room. Instead, the sale, which is usually bi-annual in June and December, will be held at Crosshall Manor, St. Neots, Cambridgeshire, a relatively short distance from London. It will take place on Tuesday, December 2.
The head of the Asian department, Lee Young, formally advised the move in public last Sunday at the L&T China day in Edinburgh (see our report). Surprisingly frankly, he observed, ‘Most of the market tends to be in London . . . (on a recent trip) I was told in Hong Kong that Scotland tends to be just a little too far away (for foreign buyers.’
Lyon & Turnbull’s Lee Young announces a ‘near London’ venue for Asian Art sale
We understand that no final decision has been made on moving Asian sales away from Edinburgh in the future. The only other auctioneer offering high quality specialist Asian sales in Edinburgh is Bonhams who, again, hold biannual catalogued sales. Doubtless, L & T will be weighing up the impact on sourcing goods in Scotland (where a large amount of Chinese material remains in private collections) if they were to abandon Asian sales in the Scottish capital in favour of a location in the south of England.