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

Some capital city stuff ends the year for Dunbar Sloane on a high note.

By John Perry in Auckland on 12 December 2017 // Exclusive to the AASD
The first evening auction of 80 lots in the two-day sale of Fine & Applied Art held on 6 and 7 December by Dunbar Sloane raised $638,000 (IBP) with pleasing clearance stats of 88% sold by number and 92% value. Works by Wellington based artist Peter McIntyre included a suite of 16 illustrations based around a small rural Maori community on the remote east coast, with the top price for the illustrations of $7,000 for a drawing of 6 Maori children.

Menzies’ Australian and International Fine Art and Sculpture Sale Ends the Season without Fanfare

By Jane Raffan on 4 December 2017 // Exclusive to the AASD

Capping off a bumper year, Menzies’ 30 November Sydney auction of Australian and International Fine Art and Sculpture felt flat in comparison to recent record-breaking events. The 185-lot sale sold 65% by number, totalling $4.234 million (hammer) against the pre-sale estimates of $6.3 to $8.5 million. With several half million-dollar Australian works failing to find bids, the top lot went to Jacques Lipchitz’s Homme Assis à la Clarinette II, 1971 (conceived 1919-1920), which made its low-end estimate of $800,000.

 

Battle of the titans - two into one....does not go.

By John Perry in Auckland on 1 December 2017 // Exclusive to the AASD

When two of Auckland's auction houses hold a major auction on the same night something must give. Mossgreen-Webb's second night sale commencing at 6.30 pm on 30 November in Auckland was a sixty-eight lot collection of fine New Zealand art assembled over a number of decades by Peter Jarvis and Helene Philips during their time at Parnell's Ferner Gallery and beyond. At the same time, 3 km away in the nearby suburb of Newton, Bowerbank Ninow were holding their Auction No. 7.

Deutscher and Hackett's carefully curated offering yields results from all categories.

By Peter James Smith on 30 November 2017 // Exclusive to the AASD

At Deutscher and Hackett’s final sale for the year in Melbourne on 29 November, little-known Australian expatriate Iso (Isobel) Rae rocketed into the record books with Les Acheteuses (the Buyers) c1913 (lot 16), a heavily-drawn oil loaded with character. It sold for more than $111 000 including buyer’s premium, eclipsing its previous market entry of $30,000 in 2005 by almost a multiple of four. Rae spent much of her life in Brittany and her composition shows seven women at a local fabric market stall—all outlined with strength and deft brushwork giving density to form.

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Forthcoming Auctions

Woman drinking from a stream, with red dog, 1961
Arthur Merric Bloomfield Boyd, Woman drinking from a stream, with red dog, 1961, 91.5 x 122 cm, to be offered by Christies London 14/12/2017, Lot No. 21, Est: $200,000-300,000

Completed Auctions

Head of a Boy (1949)
George Russell Drysdale, Head of a Boy (1949), 40.5 x 30.2 cm, sold by Sotheby's Sydney 03/05/2017, Lot No. 38, Price: A$610,000
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