Charles John de Lacy (British, 1856–1929), 'Coal Barges in Greenwich Reach, London, with the Royal Hospital in the Distance', 1887

Estimated value: £1,200 - £1,800. Charles John de Lacy (British, 1856–1929), 'Coal Barges in Greenwich Reach, London, with the Royal Hospital in the Distance', 1887 (Late 19th Century) — a researched valuation with cited comparable sales in Fine Art, from findthevalueof.com.

About this item

This oil on canvas is a significant work by the noted British marine painter Charles John de Lacy, dated 1887. De Lacy was renowned for his atmospheric and detailed depictions of the River Thames, and this painting, 'Coal Barges in Greenwich Reach, London, with the Royal Hospital in the Distance', is a prime example of his talent. It captures a pivotal moment in British history, showing the industrialised river where traditional sailing vessels worked alongside modern steam-powered tugs and barges. The iconic backdrop of the Royal Hospital at Greenwich, bathed in the warm light of a hazy sunset, adds to its historical and topographical interest. The market for de Lacy's work is well-established, with his large Thames views being particularly sought after by collectors of British marine art. This specific painting has a documented history at auction, having been sold at a regional sale in 2021 and more recently at a major international auction house in 2025. This history confirms its appeal and provides a clear indication of its current market level, while also highlighting the potential impact of venue and timing on value.

How the value was reached

The valuation is based on the painting's recent and verifiable auction history. It appears to be the same work that sold for £820 at Eastbourne Auctions in 2021 and for £2,816 at Bonhams in 2025. The current estimate reflects a likely result at a good regional auction, taking into account that the work is not fresh to the market, which can temper bidding. We would recommend a reserve price of £1,000. At this level, net proceeds to the seller would be approximately £960 - £1,530 after a typical seller's commission of 10-15%.

Comparable sales

Expert notes

The valuation is highly dependent on the painting's recent sales history. It appears to be the same work sold at Bonhams in April 2025 for £2,816. Re-offering a work so soon after purchase can suppress the price. Before any sale, we strongly recommend checking the reverse of the canvas for auction labels from Bonhams (2025) or Cheffins (2019) to confirm its provenance. A UV light examination is also advised to confirm the signature is original and to check for any hidden restoration.