Art market information for Australian and New Zealand: forthcoming auctions, past auction results from 1969 to the present, market statistics, news and opinion.
Request a valuation to find out the market value of your artwork, or a pre-purchase report on an artwork you are considering purchasing at auction. 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 at auction by the artist.
Brett Whiteley, Arkie Under the Shower, 1986-87, 173 x 112 cm, to be offered by Menzies Melbourne 20/03/2014, Lot No. 42, Est: $1100,000-1,400,000
Arthur Ernest Streeton, A Road to the Kurrajong, C1896, 31 x 21 cm, sold by Deutscher and Hackett Sydney 28/08/2013, Lot No. 42, Price: A$456,000
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News and Opinion
Lost bird art turns up as sellers brood
By Terry Ingram on 26-Feb-2014 (Exclusive to the AASD)
The dilemma of how to value and dispose of collections has been underlined yet again with the consignment to auction of the Franklin Brooke-Hitching collection of English explorations after an intensive bid to sell the books as a library failed.
Like so many other collectors who have thrown themselves into putting their collections together, finding the ideal strategy for its disposal has not always been readily apparent.
What value attaches to the work they have put into assembling such a collection? How can they realise on this?
Alternately how much should they be discounted if selling it to one buyer given its convenience, especially if like a public library it can kept together as a memorial to the collector instead of being merged with existing holdings?
Another Sterling event but traditional stamp missing
By Terry Ingram on 23-Feb-2014 (Exclusive to the AASD)
Mr Julian Sterling's last collection faces an uphill battle after a decade of saturation at the top end of the market in Commonwealth stamps. The deceased Melbourne art and antique dealer ran out of time to complete it.
But a new generation of mostly men in their 50s are turning to philately and rare stamps are becoming a hot collectable. This is despite the decline in traditional mail in favour of the Internet and the over- supply of new issues.
This year a legendary magenta South American stamp is expected to make millions of dollars and the world's finest collection of Tasmanian stamps also listed to go under the hammer in Switzerland.
Art dealer Ronald Coles denies intending to defraud clients
A Sydney art dealer who defrauded his clients of millions of dollars continued to live a lavish lifestyle that included luxury cars, French champagne and racehorses even as his Ponzi-style scheme collapsed around him, a Sydney court has heard. But Ronald Morris Coles still denies he was engaged in a deliberate scam, telling the court that if he had wanted to rip people off: "I could be having pina coladas right now." Coles, 66, is being sentenced in the Parramatta District Court after pleading guilty last August to 15 counts of fraud and deception as a director, and to larceny as a bailee - crimes worth nearly $6 million.
Youngs Auctions - out of the old and into the new
By Terry Ingram on 12-Feb-2014 (Exclusive to the AASD)
Another auction house is to become a property developer with Youngs placing its property in Melbourne's Hawthorn East for sale with Colliers with estimate of $4 million \ to $5 million, and a search underway for a property to replace it.
The single-storey building on a 445-square-metre block at 229 Camberwell Road a few doors from Camberwell Junction and the busy Burke Road shopping strip, will most probably make way for the suburb's next medium-density apartment building.