Art market information for Australian and New Zealand: forthcoming auctions, past auction results from 1969 to the present, market statistics, news and opinion.

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News and Opinion

Auction records tumbled at the sale of 77 works from the Fletcher Trust Collection, New Zealand's best known corporate art collection at the International Art Centre last night. The painting which attracted the most interest at the viewing was the "Self Portrait" by Raymond McIntyre and the low estimate of $40,000-$60,000 enticed three telephone bidders to compete to the hammer price of $88,000, setting a new auction record for the artist.
Perth will be home to legendary $15m book

One of the international art world's most intriguing mysteries ended last night when Kerry Stokes outed himself as the mystery buyer of one of the most expensive books ever sold.

The fate of the legendary Rothschild Prayerbook - sold at Christie's in New York eight months ago for $15.5 million - had baffled art collectors.

Dainty feet help re-boot the antiques market at Sydney fair
By Terry Ingram on 06-Sep-2014 (Exclusive to the AASD)

Two old troopers from the allied fields of art and books put new life into the major annual event in the Australian antiques world-the Australian Antique and Art Dealers Association fair at the Chelsea Room at the Royal Randwick Race Course Randwick at the end of August, writes Terry Ingram.

A third old trooper also chipped in from across the years - if you count a familiar old major on an old canvas that was one of the 44 dealer fair show-stoppers. The portrait of Major James Winniett Nunn on the stand of Sydney Antiquarian bookseller Hordern House drew an almost constant visitation.

Did Edmund Capon find his true calling at Deutscher + Hackett?
By David Hulme & Brigitte Banziger on 28-Aug-2014 (Exclusive to the AASD)

The star of the show at Deutscher + Hackett’s auction of Australian and International fine art was without a doubt the cover lot, Jeffrey Smart’s Self Portrait at Papini’s, 1984-85 (lot 11), selling for the artist’s record of $1.05 million hammer, but coming a very close second would have to be Edmund Capon who was hilarious as celebrity auctioneer, ably assisted by professional auctioneer Roger McIlroy.

The night turned over $6.7 million, with 80% sold by volume.

Strong under-currents in Sotheby's billabong
By Terry Ingram on 27-Aug-2014 (Exclusive to the AASD)

A work considered as Australia's answer to Monet's water lilies struggled at the sale by Sotheby's Australia of Important Australian and International Art in Sydney on August 26.

But a painting of a warehouse and trucking park attracted intense competition and made a hammer price in the region of $¾ million, the highest price lot in the sale.

This was one of two notable paradoxes in a sale which grossed $6.2 million including premium, against estimates excluding premium of $5.5 million to $7.4 million. The sale showed powerful undercurrents of buyer activity.