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

Celebrity auctioneer Edmund Capon (left), ably assisted by professional auctioneer Roger McIlroy, raised $128,150 for the Edmund Capon Fellowship with the sale of six works donated by John Olsen, Tim Storrier, Bill Henson, Alex Seton Lindy Lee and Guan Wei (lots 31 to 36) at the Deutscher + Hackett Fine Art Auction, on 27 August in Sydney.
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.

Art expert charged over alleged Brett Whiteley forgeries

Police have charged an art expert after an investigation by Victorian detectives into allegedly forged works by Brett Whiteley, writes Steve Butcher in The Age.

It is alleged in one charge that Muhammad Aman Siddique, 62, obtained a $2.5 million financial advantage for himself and others by producing a Whitely painting, Lavender Bayand then fraudulently selling it as a genuine work.

Melbourne Art Fair buyers go for the traditional
By Terry Ingram on 22-Aug-2014 (Exclusive to the AASD)

Gum trees, a favourite subject in traditional art, made a surprise and stunning re-appearance at the Melbourne Art Fair which was held in its usual venue, the Royal Exhibition building, from August 12-17.

Charcoal studies of majestic specimens of the trees returned the subject to eminence in the sous-bois or thickets of an indigenous artist on the stand of William Mora writes Terry Ingram

Vale Bruce Rutherford - A gentle jeweller who oversaw a momentous art sale
By Terry Ingram on 19-Aug-2014 (Exclusive to the AASD)

A precious link in the Australian saleroom has been broken with the death on August 17 2014, and after a long illness, of Bruce Rutherford. What was conceivably the most prestigious sale held in Australia at the time – and possibly to this day – was held by Sotheby's in 1973 four years after Rutherford's appointment as the firm's representative for Australia.