Article: Meet the hyenas of the art market

Parked outside Christie's, Sotheby's and the big dealers in Bond Street, you can see dusty Volvo hatchbacks from which piles of grubby oil paintings are being unloaded by men in tweed jackets and jeans. They are "runners", the hyenas of the art-market. Bleary-eyed, they have been on the road from the country since dawn. The paintings have been snapped up from country auctions in the hope that they are "sleepers" - artworks whose real value has been missed by the auctioneer and rival bidders.

Now the runners are in for the kill. Among their finds might be a heavily varnished picture of horses, modestly catalogued as "18th century English school" at a country auction. The runner has laid out ...

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