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London art market rides out Brexit

Buyers from Asia and US  take advantage of the falling pound to set records for many artists

SETTING THE SCENE: A six-foot-wide (1.8 metre) landscape by John Constable sold for £14.1 million, surpassing the estimate of £12 million. Painted in 1821-1822, View on the Stour near Dedham depicts a river valley in Suffolk.

New York

LONDON'S art market was whipsawed like the financial world during the two weeks of auctions surrounding Britain's historic vote to leave the European Union.

Uncertainty leading up to the June 23 referendum left some sellers hesitating to part with holdings. The political...