We have again given UK values for Robert Taylor and Nicolas Trudgian and US values for William Phillips. This is because the dollar/pound exchange rate continues to fluctuate significantly making it very difficult to establish ‘global’ values.
The past 2 years have been difficult for the whole retail sector including the fine art market, which has been the worst it has been for many years, both here and in the USA. This has inevitably had an impact on the secondary market and although prices have held up pretty well, high value items are taking longer to find a buyer, so bear this in mind if you are looking to sell now. Our past experience tells us that the situation will improve as the broader economics of the country do.
Values of rare items, particularly Luftwaffe subjects, have edged up slightly despite the economic background. Robert’s latest book Air Combat Paintings Volume V has helped keep interest high. Schweinfurt and Doolittle editions have been released recently - subjects that are always popular.
Most of our valuations have been raised a little, as with Robert Taylor, Luftwaffe subjects have performed best since our last review.
Valuations have remained stable over the last 12 months. He only releases very occasionally now, generally only one or two a year, this coupled with similar economic factors in the USA that are affecting the UK, has had the effect of discouraging new collectors.