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Mossgreen's first New South Wales auction for 2017 was not held in their saleroom in Queen Street Woollahra, but at the Gibraltar Hotel, Bowral, close to the property of the vendor, the late Michael Ball at Sutton Forrest.
Michael Ball was born and educated in Melbourne, but his career with advertising giant Ogilvy & Mather led him live and work in the US, Canada, England, Italy and Asia before retiring to Sutton Forest.
Over his life time he assembled an eclectic collection of furniture, glassware, sculpture, antiquities, tribal artefacts and taxidermy.
British artist David Hockney’s major solo exhibition at the National Gallery of Victoria until March 13 is expected to generate plenty of interest in Leonard Joel’s first specialist print and photography auction for 2017 because two of his works will feature in the sale.
Now 79, Hockney is regarded as one of the most influential living artists and the exhibition features more than 1200 works from the past decade of his career including paintings, digital drawings, photography and video works.
Garnishing the full flavour of secondary market cycles Menzies auctioneer Martin Farrah gathered a confident 82% clearance rate from bidders in Melbourne’s fading summer heat for the first major sale of 2017. The international guns fired again with Fernand Leger’s China Town, 1943, (lot 40) realising $1,875,000 including buyer’s premium. (All realised prices quoted include the buyer’s premium.) This price sits more than $300,000 shy of its previous realisation in 2015, but is still a bargain by heated international standards. Menzies February 2017 sale is a tale of firsts and lasts, of re-runs, of a market treading softly towards the upper end, but striding firmly at the lower.
Art lovers who visit Stonington mansion in Malvern over the next few days to view paintings earmarked for Menzies forthcoming auction on 9 February, will be struck on entry by the strong colour and highly stylised rendering of modern urban life in French 20th century master Fernand Léger’s 1943 work China Town, which takes pride of place in the foyer.
Request a valuation to find out the market value of your artwork, or a pre-purchase report on an artwork you are considering purchasing. Our art market experts, who are approved valuers for the Australian Government's Cultural Gifts Program, will provide you with a quick and professional assessment of the artwork.
They will analyse the available data and put your artwork into perspective by giving you a price range of comparable works sold by the artist.