-- Toronto-based painter Greg Deda recorded a £50,000 auction result when his mixed media work “Abstract Awakening II” sold at Tate Ward’s Urban & Contemporary Art auction in London on September 18, 2025. The sale followed competitive bidding and set a new personal auction benchmark for the Canadian artist.
The work, completed in 2025, measures approximately 152.5 by 122 centimeters. The final price placed the lot above several other works included in the same sale, including prints associated with Banksy and Keith Haring, according to details provided about the auction outcome.
Public auction prices provide a visible reference point used by collectors, advisors, and owners. Following the September 2025 result, advisors across London and Europe reported an increase in enquiries from collectors seeking access to comparable works by Deda, alongside a tightening in availability of similar pieces held privately.
“The dynamic changes once a work reaches that threshold in a competitive public setting,” said a London-based contemporary art advisor familiar with the sale. “It moves from being something collectors are watching to something they are actively trying to secure.”
Deda is based in Toronto and has developed a practice spanning abstraction and magic realism, characterized by layered surfaces and intricate compositional depth. His paintings have circulated through gallery programs and private collections internationally, while the London auction result provided a widely observable data point for demand at a higher price tier.
Advisors tracking the market for Deda’s work have also described patterns that can follow a benchmark result established through open bidding. Those patterns can include fewer works returning to the market at earlier valuations, as owners reassess holding periods and potential sale timing after a public price reference is set.
Another abstract work by Deda is expected to appear at auction in the near term, according to parties familiar with the artist’s market activity. Market participants described demand as increasingly international, with buyers in London, Europe, and North America monitoring availability and upcoming offerings.
“Once that level is reached publicly, access becomes the central question,” the advisor added. “The collectors who move early are often the ones who benefit most from what follows.”
Aurum Fox, the art business that represents Deda, said it is seeking guaranteed publicity connected to an upcoming spring auction featuring a new abstract work by the artist, following the September 2025 Tate Ward result. The firm described the next auction appearance as a closely watched moment for whether the £50,000 benchmark reflects sustained secondary-market demand or a defining turning point in the artist’s auction record.
About Aurum Fox
Aurum Fox is an art business founded by dealer Kazi Hoque, who began working in the art market at age 20 and spent 10 years focused on original works by artists including Picasso, Warhol, Da Vinci, Basquiat, and Kandinsky. The company was formed to represent a single artist—Canadian painter Greg Deda—and operates the Aurum Fox Gallery in Chelsea to present his work through curated programming and private viewings, with a stated mission focused on building international recognition for the artist.
Contact Info:
Name: Kazi Hoque - Managing Director
Email: Send Email
Organization: Aurum Fox
Website: https://www.aurum-fox.com/
Release ID: 89185046
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