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News and Opinion

Why Kay Lanceley is selling artist husband Colin Lanceley's collection and how Malcolm Turnbull saved him

1 October 2015

Strolling around a home filled with paintings and porcelain, prints of 20th-century Masters and flea market finds, Kay Lanceley picks up one of the treasures collected during her life. Many of the artworks in the 19th century Surry Hills warehouse that Lanceley shared with her artist husband for more than two decades will be sold by auction in November. The head of art at Leonard Joel auction house, Sophie Ullin, expects the sale to fetch at least $500,000, but could top $1 million because the collections of artists rarely come to market, writes Andrew Taylor in the Sydney Morning Herald.

Portraits line UK pockets despite dollar despair Down Under

By Terry Ingram on 26 September 2015 // Exclusive to the AASD

The primacy of landscape in the canons of Antipodean taste took a knock at Christie's sale of Australian art in London on September 24 when two portraits, one from each side of the Tasman, contributed $1.42 million towards the equivalent of $2.67 million gross yielded by the 73 lot sale.

The decline in the Australian dollar weighed heavily on expectations for the sale but the sterling amount of £1.234 million was still a little shy of the lower estimate of £1.305 and considerably short of the £1.830 million upper.

In Menzies Rites of Spring September auction, fresh works with a restless spirit fired up all levels of the market to find solid ground with a clearance rate of 73% on the night.

By Peter James Smith on 25 September 2015 // Exclusive to the AASD

At price levels in the middle ground, a spectacular John Perceval of boats moored at Williamstown (lot 39) achieved $460,000 including buyer’s premium, against estimates of $380,000-$450,000. (All realised prices quoted include the buyer’s premium, whereas estimates do not.) At the lower end of the market, those with sharp eyes and a spring in their step cornered a haunting Margaret Olley portrait, Woman from Angoram Sepik River, 1968, (lot 205) for $4,250 and an early ink and wash watercolour Sunday, Newcastle, 1965 (lot 122) for $8,125. In case you ask, yes, these were really Margaret Olleys, she the longtime darling of the saleroom.

Long absent Perceval fishing boat returns

By Richard Brewster on 22 September 2015 // Exclusive to the AASD

An Australian larrikin, John Perceval had a different approach to landscape painting than other Australian artists of his era.

Perceval’s heart and soul belonged in Europe and he drew on his passion for the old masters Heironymus Bosch (c1450-1516), Pieter Bruegel (c1525-1569) and Vincent van Gogh (1853-1890) to create views of Williamstown – regarded as genius.

Bonham’s Vroom Collection marathon sees 90% of starters get over the line

By Jane Raffan on 8 September 2015 // Exclusive to the AASD

Unlike the sporting kind, this marathon (Aboriginal Art: The Thomas Vroom Collection, Sydney, 6 September) took 5 hours for the field of 246 to finish. Conservative estimates drew a standing-room-only crowd for the first half, including many first-time bidders. The crowd steadily dissipated as it became clear that the promise of a bargain was becoming more unlikely with every hammer fall. In the end, the sale hauled in $1.6 million, including buyer’s premium, representing 136% by value.

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Forthcoming Auctions

Kelly 1964
Sidney Robert Nolan, Kelly 1964, 151 x 120.5 cm, to be offered by Mossgreen Auctions Melbourne 18/10/2015, Lot No. 27, Est: $500,000-700,000

Completed Auctions

A Collection of Photographs in Two Annotated Albums, Late Nineteenth Century
Walter Baldwin Spencer, A Collection of Photographs in Two Annotated Albums, Late Nineteenth Century, Various sizes, sold by Bonhams Sydney 16/06/2015, Lot No. 71, Price: A$268,400