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News and Opinion

So long Savill? Stock-in-trade sold as dealer looks forward to golden days ahead

The final dispersal of the stock-in-trade of Savill Galleries is complete with 160 lots put up for auction at Menzies in Melbourne on 22 September. With Savill making it clear he did not want any of the pictures back, it made for a healthy clearance rate of 92%, and raised $1.015 (IBP) million. An auction record was achieved for Three Grey Kangaroos 1903 by rarely traded artist Harry Garlick. Estimated at $4,000-6,000, it went to a Melbourne collector for $11,000 hammer ($13,500 IBP).

No Longer a Distant Dream – International Collectors Buy up Big at Sotheby’s Second London-based Annual Aboriginal Art Auction

By Jane Raffan in London on 23 September 2016 // Exclusive to the AASD

In a sale that grossed £1,613,375 GBP including the buyer's premium and established seven new records, the exchange-rate board accompanying each lot was telling: Great British pounds, American dollars, euros, Swiss francs, Japanese yen, Hong Kong dollars, rubles, but no AUDs.

The top lot, Five Stories, 1984 (Lot 60), a seminal work by Michael Nelson Jagamarra with extensive exhibition and publication history topped out at a mind-boggling £330,000 (£410,000 including BP). The buyer, an American, was by far the largest buyer in the sale, purchasing fourteen lots in total.

Whiteley asserts market dominance, and sculpture on trend at Menzies September auction

By Charlotte Stanes on 23 September 2016 // Exclusive to the AASD

Brett Whiteley continues to dominate the saleroom with nine works by the artist attracting a flurry of competitive bidding at the Menzies auction of Australian & International Fine Art & Sculpture in the evening of Wednesday 21 September in Melbourne.

Fitting snug at the top of the stairs at the South Yarra saleroom was the imposing The Sunrise, Japanese: Good Morning! 1988 (lot 36). The immensely appealing, lush blue work had phone bidders competing with Denis Savill in the room (reportedly on behalf of a client) in slow $10,000 increments. An emerging Sydney collector eventually bought the painting for $1,370,000 hammer ($1,681,364 IBP) - an astute purchase considering the popularity of, and recent results for, his much loved bird studies.

 

Simplistic concept fires Aboriginal arts smouldering embers

By Terry Ingram on 22 September 2016 // Exclusive to the AASD

The decision by Kaldor Public Art Projects (KPAP) to commission a (temporary) installation/ conceptual work by Wiradjur/Kamilaroi artist Jonathan Jones for the creation of its signature Biennial Project of 2016 in the Royal Botanic Gardens, Sydney shows a new dynamic at work in the market in Indigenous Australian art.

The auction market in Aboriginal paintings may be challenging – except for the occasional trophy work of course- but spending on the installation and conceptional art is being well sustained.

Webb's fine collectable art sale morphs into A2 art with few sparks

By John Perry in Auckland on 22 September 2016 // Exclusive to the AASD

The A2 Art sale, the second art sale under the new Mossgreen-Webb's banner got off to a good start in Auckland on Wednesday 21st of September with the first few lots in the 158 lot catalogue selling well, despite some early technological problems. They were quickly fixed, but the sale had few real highlights until a 1964 work Mother and Child (lot 37) by Jan Nigro came up for auction. It sold well above the top estimate of $3,000, and after spirited bidding it was finally knocked down for $4,750

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Forthcoming Auctions

Set Design: Brueghel's Icarus I and II
William (Bill) Hammond, Set Design: Brueghel's Icarus I and II, 195 x 51 cm and 160 x 51 cm, to be offered by Art+Object Auckland 04/10/2016, Lot No. 128, Est: $25,000-35,000

Completed Auctions

Ena Te Papatahi
Charles Frederick Goldie, Ena Te Papatahi, 25.4 x 20.6 cm, oval, sold by Dunbar Sloane Wellington 14/04/2016, Lot No. 24, Price: NZ$353,800 (A$316,368)
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