By Terry Ingram on 18-Dec-2014 Exclusive to the AASD
Turnover of art at auction in Australia rose modestly from $103.73 million in 2013 to $106.18 million in 2014 in a year which could have been an annus horribilis.
The lift was only achieved however, on a larger throughput with a lower average price than in 2013 and fewer sales highlights.
Not one $2 million plus painting was sold during the year compared with four in the previous year and the highest priced painting in 2014 was a bit of a "loser" writes Terry Ingram.
By David Hulme & Brigitte Banziger on 12-Dec-2014 Exclusive to the AASD
Menzies’ last fine art auction of the year in Melbourne brought in $8.012 million including buyer’s premium for the 281 lots, selling 68.3% by volume and 78.8% by value. This makes for an Australian fine art auction turnover of $103.93 million in 2014 to date, against $103.73 million in 2013, which notably included the $19.6 million single owner sale of collector Reg Grundy.
Even though the figures from the two final art sales in Perth and one Sydney auction are yet to be included in these results, the 2014 figure of $103.93 million clearly reflects an improvement in art sales at auction for this year.
By Terry Ingram on 11-Dec-2014 Exclusive to the AASD
Giving a further useful buffer to its core decorative and fine arts exhibiting and auction business, Mossgreen Auctions will add about $3.5 million a year to its turnover if current trading levels from the newly acquired Prestige Philately are sustained.
Stamps and associated business would then account for more than 10 per cent of group operations at more than $30 million, writes Terry Ingram.
By Terry Ingram on 09-Dec-2014 Exclusive to the AASD
An Australian sunrise helped keep some of the clouds at bay in the Russian art market when re-offered in London, writes Terry Ingram.
A big Victorian painting of the rising sun, "Russian" artist Konstantin Kryzhitsky's River Estuary with Farm Labourers, an 86 by 141 cm oil on canvas, attracted no interest from the usual players in the Australian market when offered at Menzies Art Brands in Melbourne in July.
Veteran artist John Olsen has described feeling “bewildered” by the discovery Sotheby’s Australia was selling a painting he made 50 years ago for his wife Valerie to commemorate the birth of their daughter Louise. The matter ended up in court last week after negotiations between Olsen’s adult children and Sotheby’s broke down, with the Olsens alleging the auction house had no right to sell the work because it was owned by the family, writes Michaela Boland in The Australian
In a landmark decision that will rock the Australian art market, Sydney barrister Louise McBride has won $118,718 in damages from the international auction house Christie's and others over the sale of a fake Albert Tucker for $75,000 in 2000. Justice Patricia Bergin, of the Equity division of the Supreme Court, has ruled that Christie's should pay 85 per cent of the damages. The man who consigned the painting to Christie's, Alex Holland of Holland Fine Arts, will pay 10 per cent and Ms McBride's art adviser, Vivienne Sharpe, 5 per cent. The case clarifies the obligations of players in the art world, when they hold themselves out as experts, and the steps they are expected to take to establish the authenticity of the works they sell or recommend to clients, writes Anne Davies in the Sydney Morning Herald.
By Terry Ingram on 29-Nov-2014 Exclusive to the AASD
The market for contemporary art and women's art has moved on since Chris Deutscher gambled on contemporary art with the opening of a gallery devoted heavily to the former in Melbourne's Drummond Street in the early 1990s.
The gallery caused its owner some financial heartache and by 1994 he had closed it and opened a new one in a Malvern building with an exhibition devoted to the still arguably speculative women's art - admittedly with some emphasis on the other end of the market, colonial.
Both contemporary and women's art – but mostly contemporary women's art - were sources of comfort when his half owned Deutscher + Hackett last week (on November 26) held an auction Important Fine and Aboriginal Art in its rooms in Prahran.
By Jane Raffan on 28-Nov-2014 Exclusive to the AASD
Despite their work being relegated to the back of the catalogue in Sotheby’s Australia’s November 2014 sale of Important Australian & International Art (71% versus 29% in the first half), the small proportion of art by women (24% of 72 lots) helped raise a hefty $900,000 and provided a star performer, when a painting by Grace Cossington Smith double vaulted over its estimate, selling to art dealer Annette Larkin for $671,000 (including BP).
By David Hulme & Brigitte Banziger on 25-Nov-2014 Exclusive to the AASD
The modest sale of just 42 lots offered some interesting works, and a good number of dealers and consultants filled the room and fought with phone bidders during the hour-long event at Bonhams traditional Moore Park venue. Overall, the sale generated $1.64 million, with 74% sold by lot and 70% by value.
“End of an Era,” proclaimed the staccato media statement sent out earlier this month by Melbourne’s Gallery Gabrielle Pizzi, long the starriest and best-known name on the commercial Aboriginal art scene — and for once the hype was right. The closure of the gallery after three decades serves as dramatic confirmation that the high-end market for traditional indigenous art has all but evaporated, writes Nicolas Rothwell in The Australian.
In a sign of just how far the art market has fallen, an Arthur Boyd painting offered for sale in 2008 for $1.25 million will be auctioned next Monday with expectations of selling for half that amount. Boyd’s The Prodigal Son was painted in 1946-47, a couple of years before the artist rendered another, more famous Prodigal Son scene, on the wall of a house owned by his uncle, novelist Martin Boyd., writes Michaela Boland in The Australian.
By Terry Ingram on 15-Nov-2014 Exclusive to the AASD
Sotheby's Australia Ltd is losing one of its key specialists - the art describer and man responsible for the beguiling text of many of its major lot descriptions in its catalogues.
The specialist must also have been responsible for some of its major consignments.
David Hansen, who is one of the four major staffers pictured at the front of its art catalogues, is going to academia.
By Terry Ingram on 09-Nov-2014 Exclusive to the AASD
A determination to buy which is more closely associated with its Whitlam years could be detected in the purchases made at auction by the National Gallery of Australia in the year ended June 30, according to its newly issued 2014 annual report, writes Terry Ingram.
The keenness was especially felt in Australian colonial and Impressionist art where the gallery paid close to $1 million or three times the auction estimate for one painting. Many of acquisitions will be recognised by appearances in the saleroom in which they gave an immediate fillip to the market. Long term private collectors and the trade may regret this as the buys are unlikely ever to return to the market.
As art collectors gather in New York this week for the glittering fall auctions, works of art will routinely change hands for tens of millions of dollars, a few for much more, like a Giacometti bronze “Chariot” sculpture that sold for nearly $101 million at Sotheby’s on Tuesday evening.
But in auctions that are exclusively on the web, conducted without the benefit of a live auctioneer or a live audience, prices have not come close to reaching the stratosphere; $1 million is the high bar, rarely reached.
By Terry Ingram on 05-Nov-2014 Exclusive to the AASD
The National Library of Australia (NLA) had to put up a bit of a fight to acquire the Journal of Captain Foley Charles Prendergast Vereker, R.N. (1850-1900) done on the HMS Myrmidion and offered at Christie's sale of Topographical Pictures at its main rooms in London's King Street on October 30.
The opposition was a little unexpected although the ship itself has had associations with skirmishes. Its name in Greek mythology is associated with hired mercenaries and its captain a man who had been promoted after repelling pirates on earlier voyages.
By Terry Ingram on 03-Nov-2014 Exclusive to the AASD
Two Australian expats are back in the limelight again in overseas salerooms, writes Terry Ingram
But some of their work is selling for a small shadow of that associated with it in the past.
Paintings by Bessie Davidson (1879-1965) and aquatints by Martin Lewis (1881-1962) who both separately both left Australia just after the turn of the 19th/20th centuries recently appeared at auctions in Paris and New York respectively.
By Terry Ingram on 30-Oct-2014 Exclusive to the AASD
A large portrait of the Bourbon "Duke of Windsor" has been acquired for $US353,000 by the National Gallery of Victoria at an auction titled The Courts of Europe held by Sotheby's in New York.
Some details of the acquisition, which was made in January 2014 and is already hanging in the European Courts of the gallery in St Kilda Road are contained in the gallery's annual report for the year ended June 30 2014.
The portrait, a 153 by 109 cm oil on canvas is a three quarter length portrait of Don Luis Jaime Antonio de Borbon Y Farnesio, Infante of Spain (1727-1779.)
By Petrit Abazi on 29-Oct-2014 Exclusive to the AASD
Last night Mossgreen held one of its most ambitious mixed-vendor art auctions in its ten year history. Twelve months since settling into its new headquarters in High Street Armadale, the auction house has grown in size and scope. The Fine Australian & International Art sale on 28 October 2014, with a pre-sale low estimate total of $3.5 million, was the highest value mixed-vendor art offering by the auction house to date. Although some exceptional results were achieved, the pass-in rate attested to the fact that the Australian art market is yet to fully recover to the pre-GFC economy.
Three portraits by New Zealand artist Charles Frederick Goldie are expected to fetch about $1 million at an art auction in Auckland tonight. One of the paintings, Thoughts of a Tohunga, Wharekauri Tahuna, is estimated to bring between $350,000 and $500,000 at the auction of important, early and rare art at the International Art Centre in Parnell, Auckland.
A portrait by Rupert Bunny that fell into the hands of a Melbourne brothel owner after being stolen from a home on Victoria’s Mornington Peninsula is to be auctioned by Sotheby’s next month. The 101-year-old oil painting Au Soliel (Girl in Sunlight) depicts a woman reading in a garden writes Michaela Boland in The Australian.
A forgery case that has hit the headlines and reached the Supreme Court reveals corruption in the art market at the highest levels. Louise McBride - barrister, art collector and daughter of Dr William McBride, the celebrated but controversial obstetrician - is a passionate woman. So when the tall, raven-haired lawyer learnt in 2010 that her prized Albert Tucker painting, Faun and Parrot, 1967 - which she'd bought for $85,000 from Christie's Auction House a decade earlier - was a fake, she resolved to take on Australia's art establishment, writes Anne Davies in the Sydney Morning Herald.
By Terry Ingram on 20-Oct-2014 Exclusive to the AASD
What was once thought of as a faulty acquisition by the National Gallery of Victoria is helping re-enforce a major new trend emerging from the London art scene this northern autumn.
A “disappearing” hand in the NGV's portrait of a man with curly white hair by Rembrandt is now seen as evidence of the creativity and audacity of many of the world's leading artists in their maturity.
The painting, Portrait of a white haired man, has been loaned to an exhibition Rembrandt: The Late Works which is on view at the National Gallery until January 18, its celebrated cut-off hand now a value point.
American billionaire Ronald O. Perelman has collected art for as long as he’s been collecting companies. His trove of postwar and contemporary work, amassed over more than 30 years and spread among his Manhattan townhouse, East Hampton estate and 257-foot yacht, is estimated to be worth more than $1 billion.
Today, however, he wants to exhibit a different side of the art world. Through a lawsuit against his former friend and art dealer Larry Gagosian, Mr. Perelman has set out to expose what he calls the "dirty" side of the glamorous, opaque, $60-billion business of buying and selling high-end art, writes Robert Frank in the New York Times.
By Terry Ingram on 17-Oct-2014 Exclusive to the AASD
Australian Aboriginal art received a big tick on the London art market this week although not a jot of it was offered for sale and any immediate pressure for a forced sale was removed.
The pressure on it, which originated in Viennese bathtubs has been removed by the takeover of the museum which houses a holding of Aboriginal art in a friendly collector deal.
What was reported as the most successful sale of a contemporary single owner art collection by auctioneers Christie's, and was held on behalf of the museum, writes Terry Ingram from London.
By Petrit Abazi on 14-Oct-2014 Exclusive to the AASD
One of the largest auction crowds in recent memory defied Melbourne’s tempestuous weather in an attempt to secure original works by one Australia’s most highly regarded Modern Masters, Sidney Nolan at Bonham's sale of Important Later Works From The Estate of Sir Sidney Nolan on 13 October 2014. The front page editorial in Melbourne's Age , on the Thursday prior highlighting the bargain offering, ensured a larger than expected turnout. All seats were taken half an hour before the start of the sale and many jostled to get a glimpse of the heated action.
Two forged "Monet" paintings have been pulled from an Auckland auction today after they were discovered to be inferior imitations of a famous forger, writes Kurt Bayer in the New Zeland Herald. The fake fakes purportedly by legendary art forger Elmyr de Hory surfaced last month, offered for auction by an Auckland-based descendent of London bookmaker Ken Talbot. Talbot was said to have paid 4500 for the paintings in 1980, and they were due to go under the hammer at Cordy's auction house today with reserves of $1000 each. But a de Hory expert spotted the auction online and contacted Cordy's to claim the two paintings, In the Woods at Giverny and At Giverny, were rip-offs painted by Talbot himself.
By David Hulme & Brigitte Banziger on 10-Oct-2014 Exclusive to the AASD
Swann Galleries’ sale of Rare and Important Travel Posters on 14th October in New York may well be the largest offering of Australian travel posters, at least according to Nicholas Lowry, director of Swann’s vintage posters department. More than 50 posters of the 198 on offer are promoting travel to and within Australia. They come from the treasure trove of a prominent Australian collector, and include most of the British posters on offer in this sale, too.
By Terry Ingram on 03-Oct-2014 Exclusive to the AASD
New Zealanders, who seem to have a lot to boast about lately, appear to be well ahead as a source of material in British and Continental salerooms this season. This is despite an enticing Arthur Streeton sold for a goodly sum at a recent UK regional art sale.
But some of the NZ ground, entirely staked by a record setting Maori art piece, may be reclaimed by Australia at the coming topographical picture sale at Christie's on October 30 through the inclusion of a newly discovered ship's journal of Australian exploration expected to make up to $A150,000.
By Terry Ingram on 01-Oct-2014 Exclusive to the AASD
A beach scene, Picnic at the Spit by Arthur Streeton continued this years strong run on the artist's small works when it sold for £145,000 hammer (£176,900 IBP) in Dorset, U.K. on 25 September.
Although the auction house, Hy Duke & Sons of Dorchester did not publish an official estimate, the price is believed to have been comfortably ahead of expectations to the pleasant surprise of both the auction house and its vendor, Mr James Fairfax who was clearing the contents of his long held retreat on the river bank at Stanbridge Mill at Gussage All Saints in Dorset.
By David Hulme & Brigitte Banziger on 25-Sep-2014 Exclusive to the AASD
A large number of nude and semi-nude figures dominated the Menzies offering of Australian and international fine art and sculpture in the evening sale of 151 lots, set off by four remarkably similar Whiteley nudes prominently displaying their bottoms to the viewer.
Nude offerings also came from Garry Shead, John Brack, Auguste Rodin, Norman Lindsay (of course), Charles Blackman, Arthur Boyd, Guy Boyd, Pablo Picasso, Phillip Piperides, James Gleeson and Richard Larter.
A Supreme Court judge has found an art dealer stole rare and valuable stamps from the $3.5 million collection owned by the well-known art and antiques collector Julian Sterling. Justice Peter Vickery rejected claims by Brian Kino that he had been gifted the 44 stamps, worth an estimated $270,000, by Mr Sterling between 2008 and 2010.
Rodney Adler endured a wild ride last decade, culminating in a jail term after the collapse of HIH Insurance, but one family asset to survive the period was a Fred McCubbin artwork depicting the artist’s wife in a yellow dress.
One of only a few blue-chip McCubbin oils still in private hands, Mrs McCubbin Picking Blossom, also known as Spring, is among a number of portraits the artist painted of his wife when he was newly married and his career was accelerating.
It will be the star lot of Mossgreen’s Fine Australian and International Art sale to be held on October 28, with expectations of more than $1.2 million when it is publicly auctioned for the first time, writes Michaella Boland in The Australian.
One of the international art world's most intriguing mysteries ended last night when Kerry Stokes outed himself as the mystery buyer of one of the most expensive books ever sold.
The fate of the legendary Rothschild Prayerbook - sold at Christie's in New York eight months ago for $15.5 million - had baffled art collectors.
By Terry Ingram on 06-Sep-2014 Exclusive to the AASD
Two old troopers from the allied fields of art and books put new life into the major annual event in the Australian antiques world-the Australian Antique and Art Dealers Association fair at the Chelsea Room at the Royal Randwick Race Course Randwick at the end of August, writes Terry Ingram.
A third old trooper also chipped in from across the years - if you count a familiar old major on an old canvas that was one of the 44 dealer fair show-stoppers. The portrait of Major James Winniett Nunn on the stand of Sydney Antiquarian bookseller Hordern House drew an almost constant visitation.
Weeks from facing court, the man charged with dealing in fake Brett Whiteleys speaks of his love of art and hate for the rich. By his own admission, Peter Gant shouldn’t be meeting me. He doesn’t much talk to the media, and he’s due in court in two weeks on charges of art fraud – a finding of guilt could condemn him to a jail cell. Mere witnesses in the case have apologetically cited their legal advice and refused to comment. This is the usual run of things. But not with Gant.
By David Hulme & Brigitte Banziger on 28-Aug-2014 Exclusive to the AASD
The star of the show at Deutscher + Hackett’s auction of Australian and International fine art was without a doubt the cover lot, Jeffrey Smart’s Self Portrait at Papini’s, 1984-85 (lot 11), selling for the artist’s record of $1.05 million hammer, but coming a very close second would have to be Edmund Capon who was hilarious as celebrity auctioneer, ably assisted by professional auctioneer Roger McIlroy.
The night turned over $6.7 million, with 80% sold by volume.
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.
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 Bay, and then fraudulently selling it as a genuine work.
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
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.
By Petrit Abazi on 19-Aug-2014 Exclusive to the AASD
Last night’s Melbourne auction of Important Australian Art by Bonhams certainly ranks amongst one of the smallest in terms of number of lots offered, in recent memory. Yet, the 41 lot selection of Australian paintings generated enough interest from local and interstate old guard dealers and collectors to make it an overall successful sale reminiscent of earlier years, the opulent grand ballroom of the Como house adding to the old world charm of the evening.
Two out of seven floors of Fletcher House in Penrose have been refitted in open-plan style, partly prompting the sale of 55 works of art in New Zealand's most significant art collection. Art to be auctioned at the International Art Centre on September 10 include works by Gretchen Albrecht, Patricia France, Milan Mrkusich, Pat Hanly, Rhona Haszard, Ralph Hotere, John Kinder, Raymond McIntyre, Richard Killeen, Evelyn Page, Geoff Thornley, Alfred Sharpe, Michael Smither, Ian Scott, Gordon Walters and Sir Toss Woollaston.
By Terry Ingram on 14-Aug-2014 Exclusive to the AASD
If a Lotus land is an idyllic place of contentment as it is sometimes defined, Lawson's must have whisked a Sydney North Shore vendor away there on August 14 when it auctioned a bronze Buddha figure on that consignors behalf, in its rooms in Leichhardt, writes Terry Ingram
The Royal Geographical Society’s (RGS) controversial sale of its 19th-century paintings of Australia is now in doubt, despite the granting of a UK export licence. The collection of works by Thomas Baines, made during the 1855-57 British expedition to northern Australia, was to have raised just over £3.5m for the society, to plug a deficit in its pension scheme. Although the buyer’s identity was undisclosed by the society, The Art Newspaper named him as Kerry Stokes, a Perth-based investor and collector. Stokes is now understood to be trying to renegotiate a lower price with the RGS.
The spectacular spike in sales of Aboriginal or Indigenous art at the turn of the new century was followed by an equally dramatic decline at the start of the global financial crisis. It’s fair to say that a lot of punters got burnt in the initial boom, which was fuelled by overseas buyers (up to 50 per cent according to some auction houses) and a huge amount of hype. Chances are some of those casual investors will never return but the inaugural annual sale of Australian Indigenous and Oceanic Art held by Mossgreen last month saw a significant resurgence, writes James Cockington in <i>The Age.</i>.
The star turn of a premier Auckland art auction - a Colin McCahon painting valued at up to $300,000 - was pulled from sale at the eleventh hour this week, following Sunday Star-Times questions about the condition of the work.
The 1959 enamel on board painting Elias disappeared from a Webb's website listing on Thursday, less than three hours before it was due to go under the hammer.
By David Hulme & Brigitte Banziger on 27-Jul-2014 Exclusive to the AASD
Are the days of old returning to the Australian auction room? This was the indication auctioneer Martin Farrah gave on the night of the Menzies sale of 24 July in Melbourne; he clearly seemed much buoyed by the spectacular result of sister company Lawsons for the Cammack sale of fine art and antiques at the beginning of the month, and also Leonard Joel's success with the 173 works from Pro Hart's estate on 22 July. The room was packed, many were left to stand and watch proceedings, and the mood seemed one of expectation and anticipation.
By Terry Ingram on 23-Jul-2014 Exclusive to the AASD
Sotheby's Australia's most formidable Australian art auction specialist team appears to have missed or passed over an important link in contextualising one of the most tantalising of the lots in its sale of art and design on Melbourne on July 29, writes Terry Ingram.
A case involving allegations of art fraud has strayed into the world of art financing and how the wealthy buy and sell art through their personal superannuation funds.
Louise McBride, a barrister, is suing auction house Christie's, classic car and art dealer Alex Holland and her former art consultant Vivienne Sharpe over an Albert Tucker painting bought in May 2000 that she says has been revealed as a fake, writes Anne Davies in the Sydney Morning Herald.
By Terry Ingram on 19-Jul-2014 Exclusive to the AASD
Tim Goodman is returning to London this week to take possession of new premises in London's Finsbury Park with a stopover in Hong Kong on his way to firm up a major consignment and talks with associates, in his new UK based Internet venture.
A short visit to Australia after many months in London resulted in talks with prospective new staff in Australia including Vicki Stait, formerly of Sotheby's Australia and with whom Goodman worked when he held that franchise, who will be joining the Goodman's venture.
By Terry Ingram on 14-Jul-2014 Exclusive to the AASD
The market in rare Chinese antiques just won't lie down. A new auction record for Chinese furniture is now being claimed by Lawson's for a 17th century Ming/Qing love seat or day bed sold at a house contents auction it held in Vaucluse, Sydney yesterday writes Terry Ingram
Unlike many of the previous high prices the record was not entirely unexpected. Indeed It seems to have fallen a little short.
Yet various prospective buyers enlivened the weekend viewing by examining the bed thoroughly with magnifying glasses and ultra violet light undaunted by its anonymous offering in a curious openly hybrid (an offspring of room and house contents) auction of carpets, Australian paintings and other Chinese antiques.
By Terry Ingram on 13-Jul-2014 Exclusive to the AASD
The Women's liberation movement beginning in the 1960s is finally having a knock-on effect in the Saleroom.
Figures compiled by the Australian Art Sales Digest (AASD) show that since 1973 gender equality has increased substantially at Australian auctions, the major pointers to the resale market in art in Australia, writes by Terry Ingram.
By Terry Ingram on 07-Jul-2014 Exclusive to the AASD
Flights by still trending or new-to-the-market traditional artists helped lift results of the auction of the Bill and Eileen Cammack collection by held by Lawson's Auctions in the Menzies rooms in Sydney's Kensington on July 5 and 6.
Works by Neville Cayley (the son) soared above their modest estimates and very special paintings by John Allcot cruised away.
Also keenly bid were watercolours by a rarely seen at auction 101 year old painter of Central Australian Aborigines, Helen Baldwin, while many artists thought to have been lost to the culture bin reappeared with a surprising spread of takers.
But the big contribution to the unexpected excess value in the sale came from its 60 lots of carved Chinese ivories which were chased by members of the local Chinese community in the heavily packed room.
By David Hulme & Brigitte Banziger on 03-Jul-2014 Exclusive to the AASD
The growth in poster collecting in all its forms seems to have been greatly assisted by the growth of the internet.
Strongly visual images and the ability to roll up a poster and ship it to the other end of the world undoubtedly offers great advantages over the traditional large oil painting in its delicate gilt frame.
Of course, poster collectors – like all connoisseurs of works on paper – can be very picky when it comes to condition. However, this is mostly overcome with a helpful grading system for posters. So even rank amateur collectors can avoid the purchase of posters of poor quality.
Brett Whiteley's painting, Paul Gauguin on the Eve of His Attempted Suicide, Tahiti, has landed on Australian soil for the first time after being auctioned by the Chelsea 23rd Street Corporation, the former owner of the Chelsea, in New York last month – and will be offered for sale in Melbourne in July, writes Debbie Cuthbertson in the Sydney Morning Herald.
Menzies Art Brands bought the painting for $1.1 million, including buyer’s premium, at a Sotheby’s contemporary art auction on May 14.
By Terry Ingram on 26-Jun-2014 Exclusive to the AASD
Mossgreen produced some healthy figures to sustain its claim to be considered a credible force in the mixed vendor art auction market, at the auction of Important Australian and International Art in its new rooms in Melbourne's Armadale on June 24.
But this was almost entirely due to the inclusion of one painting which might normally be accommodated in its celebrated boutique and home contents sales.
The painting, Arthur Streeton's Ariadne dated 1895 sold for a total including buyers premium of $510,000, the hammer price of $410,000 being well over the $200,000 to $300,000 estimates. This was a sizable contribution to the $2.11 million total.
An art conservator under investigation by police probing fraudulent Brett Whiteley paintings has taken legal action against a University of Melbourne associate professor and three Victorian detectives. Mohammad Aman Siddique issued a Supreme Court writ on Friday after recently taking court action for the return of art works seized under police search warrants. Mr Siddique alleges all four defendants trespassed on his property earlier this year during the searches and that an "aura of doubt" has been created around the provenance of works seized, writes Steve Butcher in "The Age".
By Terry Ingram on 19-Jun-2014 Exclusive to the AASD
The trophy market is under pressure judging by two transactions which have taken place in the market for objects of desire over the past two weeks.
Saleroom habitués must begin wondering if the markets in art and the classic car, will also feel the pinch.
For it is in these upper reaches of the market, enthusiastic buying of the very rare and special, which increasingly invites the term trophyism, has been most emphatic.
Auctioneers frequently congratulate bidders from the rostrum of having won a lot they have just knocked down to them.
The objects, a stamp and a bank note still sold for a lot of money: $US9.01 million and "around $A1 million" respectively, writes Terry Ingram.
By Terry Ingram on 15-Jun-2014 Exclusive to the AASD
As the commemoration of the centenary of its outbreak gathers pace, the legion of World War I artists whose work is collectable is growing markedly.
So much so that some of the artists were not even around at the time of the "war to end all wars", writes Terry Ingram.
Police investigating fraudulent Brett Whiteley paintings have agreed to return about $1 million of other works to an art conservator whose premises they raided earlier this year, writes Steve Butcher in "The Age". Detectives in February executed search warrants at the Collingwood home and Templestowe workplace of Muhammad 'Aman' Siddique and seized a number of artworks. The Melbourne Magistrates Court heard on Thursday that 13 works by Charles Blackman and others by Arthur Streeton and Fred Williams were removed.
By Terry Ingram on 06-Jun-2014 Exclusive to the AASD
During their collecting days Alfredo Bouret Gonzalez and the late Lex Aitken cast a wide net.
As a result the sale of the of their collection - the pick of their remaining old and modern masters and decorative art - at Christie's South Kensington in London on June 4 was well received by a diverse and cosmopolitan audience.
This, the best of their "catch", was a much better received than expected grossing stg773,167 with premium on a hammer total of stg516,400, writes Terry Ingram from London.
A total of 193 lots out of 219 in the collection were sold and five withdrawn
A HANDFUL of private equity suitors have submitted first round bids for 220-year-old British auction house Bonhams, after the firm opted for a sale over a stock market float. Up to six firms are understood to have submitted bids for the company, including offers from the UK arm Mitt Romney-founded Bain Capital, as well as Pret-a-Manger owner Bridgepoint.
The National Gallery of Victoria has agreed to hand over a painting it has held for almost 75 years - and which, for much of that time, was thought to have been by Vincent van Gogh - to the legal heirs of its former owner, a Jewish man who sold the work under duress from Germany's Nazi regime writes Debbie Cuthbertson in The Age.
Blue-chip paintings by Jeffrey Smart, Margaret Olley and John Brack have slipped quietly from long-term public ownership into private hands in recent weeks, writes Michaela Boland in The Australian. The federal government’s art-leasing collection, Artbank, raised $1.6 million selling off pictures in what The Australian understands was the most significant deaccession — or disposal — in its history. Four paintings were consigned to Sotheby’s Australia’s May 13 Important Australian Art sale and five were sold by Deutscher and Hackett on April 30.
A bipartisan plan to stop indigenous art fraud has stuttered to a halt, with Arts Minister George Brandis failing to meet the federally funded body behind it. The Indigenous Art Code's chairman Ron Merkel, QC, this week wrote Senator Brandis an open letter, questioning his understanding of indigenous artists' problems, given his controversial plans to reform the Racial Discrimination Act, writes Jane Lee in The Age.
The mystery began on an autumn night in April 1991, when a burglar broke into the Blairgowrie home of elderly retiree Albert Watt. According to the police report, the only item stolen was Mr Watt's cherished Rupert Bunny painting, Girl in Sunlight, which hung above his dining table and is worth about $250,000, writes Mark Hawthorne in The Age.
By David Hulme & Brigitte Banziger on 14-May-2014 Exclusive to the AASD
A large number of the 101 lots at Sotheby’s on budget day bore low estimates, promising a cut to prices. The venue of choice, the aptly named Treasury Lounge at the Intercontinental Hotel in Sydney’s CBD, raised the hopes of many to bag some bargain art on the night.
International auctioneer Martin Gallon was in fine form and brimming with confidence, and in the end did not deliver any cuts at all: with 113.5% sold by value and 71.3 % sold by volume, the evening brought a total of $5,569,910 IBP.
By Jane Raffan on 13-May-2014 Exclusive to the AASD
It is rare these days for an auction’s saving grace to be attributed to the performance of Aboriginal art. And yet for Bonham’s back-to back autumn sales of the The Roxanas Collection of Aboriginal Art (Sunday 11 May) and Important Australian Art (Monday 12 May), this proved to be the case. With fewer audience members than the 67 lots on offer, the mixed vendor sale of Important Australian Art only managed to sell 40% for a hammer total of $1.282 million, representing a rather scary clearance of 33% by value and hardly living up to its grandiose title, which, like the current ‘budget emergency’, is a purposely overstated marketing ploy, and one frequently used by all major players.
By Jane Raffan on 13-May-2014 Exclusive to the AASD
Things started well with the opening teasers – two early works by Roy de Maistre that were priced to soar at $25-35,000. Not seen in public since 1937 and fresh to the market nearly a century after their execution, Berrima (Lot 1) and Colour Sketch – Dangar Island, (Lot 2), both dated 1918, were competitively chased to $75,000 and $70,000 by a resilient phone bidder underbid by art consultant Annette Larkin.
When the first item from a Bonython estate auction — a painted Chinese bowl estimated to be worth $1500 — sold for $22,000, auctioneer Paul Sumner knew it would be a long and memorable day, writes Michael Owen in The Australian. The remarkable sale price for Lot 1, a blue-and-white dragon bowl 16cm in diameter marked from the Kangxi period, may well have been the result of some early overexcitement from several telephone bidders in China
Former high-flying art dealer Ronald Coles said he defrauded clients and lied to them repeatedly about the paintings they had invested in because the global financial crisis had sent him broke, forcing him to devise the Ponzi-style scheme to keep his head above water, writes Rachel Olding in the Sydney Morning Herald. But a judge has lambasted the 66-year-old con artist, rejecting his excuse and calling him a liar who was motivated only by greed.
By David Hulme & Brigitte Banziger on 03-May-2014 Exclusive to the AASD
The Deutscher + Hackett sale strategy of letting the Easter and Anzac Holiday fall between viewings in Sydney and Melbourne appears to have paid off handsomely: On Wednesday night, the auction room was packed with dealers, consultants and collectors refreshed and ready to spend in their second major sale of the year. The results confirmed the impression: the auction house sold 76% by volume and 87% by value, generating $4,330,140 incl. buyer’s premium.
In a stunning about-face, the National Gallery of Australia in Canberra has accepted without challenge the Indian government’s formal request for the return of its $US5 million Chola-era dancing Shiva, reports Michaela Boland in The Australian. A spokesman for the NGA confirmed last night that the centuries-old bronze Hindu deity had been forfeited to the federal government’s care under the terms of Australia’s Movable Cultural Heritage Act.
By Terry Ingram on 27-Apr-2014 Exclusive to the AASD
The latest round of art books, exhibitions and cocktail parties have located the new homes of two or more of Australia's most exciting colonial art finds.
The stalwart collectors, media tycoon Trevor Kennedy and Swiss-Australian financier Urs Schwarzenbach were the buyers, writes Terry Ingram.
A miniature portrait of First Surgeon General of NSW John White who came out on the First Fleet has been lent by Mr. Kennedy to the exhibition For Auld Lang Syne: Images of Scottish Australia from First Fleet to Federation being held at the Ballarat Fine Arts Gallery until July 27.
With auction houses reminiscent of opening night at the opera and commercial galleries likened to a date at a funeral, artists now need the reflected glory of the prices their works attract at auction. With the 2014 sales season under way, there is buoyed interest in a new generation of artists. But their works are going under the hammer for a song, writes Louise Bellamy.
By Terry Ingram on 24-Apr-2014 Exclusive to the AASD
A piece of furniture which sold in a Leonard Joel decorative arts auction in Melbourne for $3120 on May 24, 2010 is being promoted as the star piece of a Mossgreen sale of Australian Antiques and Historical Collectables on June 3 in Melbourne, with estimates of $250,000 to $300,000.
Mossgreen has yet, of course, to find a buyer for the piece. But intensive research by the furniture history buff who bought it appears to support something of a revised re-evaluation for this rather unlikely candidate for stardom.
The lot, which could give a push to the static market in Victorian furniture and colonial collectables, is an elaborately made cradle from the 1860s which in outward appearance, is the very nemesis of current taste.
Cursing myself for running late, I hurry through the door at Beppi’s. What’s the point of life lived at such a harried pace? And yes, I know, it’s also rude to my lunch guest. In this case, the man kept waiting is Sydney art dealer Ray Hughes, who I’m taking out to lunch to celebrate his 45 years in the picture trade, writes Katrina Strickland in The Australian Financial Review Magazine.
Consumers risk being ripped off by a website selling artworks and prints at more than 10 times their market value, an art expert warns. David Hulme said art collectors should avoid making purchases from Chartfords, an online gallery that operates in Britain with a head office in Canada.
By Terry Ingram on 16-Apr-2014 Exclusive to the AASD
Chinese buyers paid one staggering and several top notch prices at Sotheby's Australia auction of Fine Asian, Australian and European Arts and Design in Sydney on April 15, writes Terry Ingram.
Their bidding was still the major contributor to the $2.29 million gross which represented 134.15 per cent by value and 72 per cent by lot and compared with estimates of $1.71 million to $2.54 million.
By David Hulme & Brigitte Banziger on 16-Apr-2014 Exclusive to the AASD
A spectacular eruption in the prices for works by Dorrit Black was witnessed at Bonhams The Grosvenor School and Avant-garde British Printmaking sale in London on 15th April.
Dorrit Black in fact did witness the eruption of Mount Etna in Sicily in 1928 and created this linocut print of her experience (lot 107).
By Terry Ingram on 09-Apr-2014 Exclusive to the AASD
At the invitation of Christie's, a Sydney collection is being bulked up by the Mayfair decorative arts trade to create an innovative type of auction at South Kensington on June 4. The Art of Design sale is being led by two portraits from Australia by the Belle Époque painter Emile Blanche and 18th century British artist George Romney, writes Terry Ingram.
The Romney, Mrs Moody ….Holding a dog in her lap is pictured here in an interior from the former Watsons Bay home of French fashion plate designer Alfredo Bouret Gonzalez and the late Lex Aitken who formed the Sydney collection and also were the vendors of the Bridget Riley works sold in Sydney last August.
By Terry Ingram on 05-Apr-2014 Exclusive to the AASD
The surprise inclusion of Christie's auction of Australian and New Zealand art sale in London last October has been acquired by the Alexander Turnbull Library in Wellington.
But visitors to that august public institution, part of the National Library of New Zealand, may have some difficulty in finding it if they look under the artist named in Christie's catalogue.
The inclusion, a watercolour titled A Settler and her Daughter with Maoris at Wanganui, with Mount Ruapehu Behind, was catalogued as the work of John Alexander Gilfillan (1793-1864).
In a rare offering, three paintings by celebrated New Zealand artist Charles Frederick Goldie, will be sold at an auction of important, early and rare art in Auckland this month.
The three works have an estimated value of nearly $1 million and will be offered at an auction by the International Art Centre in Parnell on April 10, which also features several other historically significant New Zealand artists.
By Terry Ingram on 01-Apr-2014 Exclusive to the AASD
In another defining moment for the antique and art market in Australia, Sydney's oldest antique centre, the Sydney Antiques Centre, is to cease trading on June 30.
The building housing the 40 year old centre is going out to selective tender and the 50 plus stall holding tenants given until that date, that is double their normal monthly notice, by the owner Anibou Pty. Ltd., to leave.
By Terry Ingram on 30-Mar-2014 Exclusive to the AASD
The wool cheque still appears to command a lot of respect in the Australian art market, writes Terry Ingram.
Its power was seen twice at Melbourne auctions held just a day apart last week.
At an auction held by rare book dealer Mr Peter Arnold on March 24, an archive of material relating to one of the region's much overlooked 19th century artists, John Cotton, sold for $177,000 IBP to a dealer from Dunkeld in the heartland of Australian wool production in Victoria's Western District.
By Terry Ingram on 27-Mar-2014 Exclusive to the AASD
Two pieces of Australiana sold comfortably above their estimates at very different auctions in Melbourne and Sydney this week, writes Terry Ingram .
The confident pictorial expressions of the colonies in different stages of their early development – and almost trophy lots - sold for around exactly the same hammer price which was well over $300,000 and in excess of expectations.
By Petrit Abazi on 27-Mar-2014 Exclusive to the AASD
Deutscher and Hackett's Melbourne auction on Wednesday evening signalled the first of just a handful of major sales dedicated to Indigenous art scheduled for 2014. As the demand for the art form has tapered over the last six years, so the number of auctions dedicated to Aboriginal art have diminished. Some auction houses have scrapped their standalone sales and others are attempting to get by without any specialist staff committed to the field. And last night's results gave no indication that there will be any quick turnaround just yet.
Lawyers for Sotheby’s auction house paid an unusual visit to a few lawmakers on Capitol Hill this month and brought along some high-powered lobbying muscle. They had come to complain about a new bill that even some supporters acknowledge faces a difficult road in this divided Congress: a proposal to give visual artists — or their estates — a cut of the profits when their work is resold at public auction.
Despite the long odds, Sotheby’s and Christie’s have spent about $1 million in the last couple of years to hire well-known legal and lobbying talent in Washington such as Paul D. Clement, a solicitor general under President George W. Bush, and the Podesta Group, run by the Democratic super-lobbyist Tony Podesta, whose brother, John D. Podesta, recently joined the Obama administration as a top aide.
By Terry Ingram on 24-Mar-2014 Exclusive to the AASD
Like a large dose of Drano, the winning bid of $1 million for Brett Whiteley's Arkie Under the Shower (lot 42) at Menzies' sale of Australian and International art in its rooms in Melbourne on March 20 looks like having cleared a big blockage in the Australian art market, writes Terry Ingram.
The painting was the biggest individual contributor to the reported $6.52 million in sales (including buyers premium) which also reflected a respectable 75 per cent clearance by value and 70 per cent by numbers.
By Terry Ingram on 22-Mar-2014 Exclusive to the AASD
All nine works by the “misty modern” Clarice Beckett from the collection of fashionistas Sandra Powell and Andrew King sold at the auction of their collection by Mossgreen Auctions in its rooms in Melbourne's Armadale on March 13, writes Terry Ingram.
The best performing lot of the Becketts was $39,040 for The Red Bus (lot 1), ($32,000 hammer against estimates of $25,000 to $35,000) and with its rare dash of colour on the almost toy bus in the foreground, possibly the most endearing.
There are hints about the couple who live in one of St Kilda's grand mansions before you even get inside. Stencilled in red in the front patio are the words ''don't be scared it's only street art'' by artist Dlux. Out the back there's a large painting on an external wall of a boy coming out of a tree by stencil artist Vexta, and a marble watering can by sculptor Alex Seton that, from a distance, looks fit for the tip.
Inside, every room including the toilets and pantry is chock-a-block with works by graffiti artists, many of whom have nudged their art out of lanes and onto canvases and internal walls applying the same techniques - aerosol sprays, stencils and installations. Sandra Powell and Andrew King call their acquisitions the Sandrew Collection and the artists they patronise and help promote ''family''.
By Terry Ingram on 16-Mar-2014 Exclusive to the AASD
Two quite unrelated women aviatrixes occupied very different and somewhat overlooked chapters in the story of art in the Antipodes. Two new books and a coming auction have brought their contributions to the marketplace to attention.
The books are Fantasy Modern: Loudon Sainthill's Theatre of Art and Life by Andrew Montana (a senior lecturer at the Australian National University) and The Diaries of Senta Taft-Hendrey by Senta Taft-Hendrey herself.
By Terry Ingram on 11-Mar-2014 Exclusive to the AASD
Andre and Eva Jaku said this week in a letter to friends and clients that they would be closing the Bondi Junction publishing operations of their JQ Pty Ltd and its associated companies.
As well as giveaway quarterlies these produce the glossy half yearly magazine, World of Antiques and Art and their six a year Collectables Trader.
By Terry Ingram on 09-Mar-2014 Exclusive to the AASD
Mossgreen Auctions is expected to announce shortly and with a big fanfare the auction of the contents of one of Adelaide's most prestigious properties.
Continuing the frenetic growth of its business out of swank new premises in the Armadale High Street, the Melbourne-based company looks like having its first sale in South Australia from one of Adelaide's most respected families.
By Terry Ingram on 03-Mar-2014 Exclusive to the AASD
Adelaide may have to wait for its masterpiece by Camille Pissarro (1830-1903). The big season for announcements - the launch of the Adelaide Biennial - has come around with no news of a painting by one of France's leading Impressionists being acquired as was the buzz.
Australian Art Sales Digest understands that the announcement of a big spend on international art is still a few months away.
Instead the latest issue of the Art Gallery of South Australia's bulletin, Articulate, discloses that the gallery has acquired a work by another “big O”. That is Maurice Utrillo (1883-1955) master of the Parisian streetscape.
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?
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.
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.
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.
By Adrian Newstead on 10-Feb-2014 Exclusive to the AASD
In his book The Dealer is The Devil, Adrian Newstead draws on his 30 years of consulting with Aboriginal artists all over Australia. Newstead has produced the definitive expose of “the first great art movement of the 21st century” which lifts the lid on what Robert Hughes once described as “the last great art movement of the 20th century.” In this extract from the book, the author details the short history of the market for Aboriginal artefacts.
By Terry Ingram on 08-Feb-2014 Exclusive to the AASD
Five large scale works featuring the bloated animals and figures that are the signature style of Colombian artist Fernando Botero give an internationally charged edge to the art collection of John Symond at his home Wingadal at Point Piper on Sydney Harbour. Three of the works are sculptures of humans with animals which with many works by other artists in the medium also break the boundaries for three dimensional works in Australian collections writesTerry Ingram.
By Terry Ingram on 04-Feb-2014 Exclusive to the AASD
Just as the Aboriginal art market appears to be hitting one of its most fragile phases, a new book by gallerist and occasional past Australian Art Sales Digest contributor Adrian Newstead provides a timely defence of some of the strategies that have been put in place to sustain it, writes Terry Ingram
His repeated defence of occasional collaboration will attract particular notice as the book The Dealer is the Devil arrives just after newly published claims of collaboration in the production of work by leading artist, the late Paddy Bedford.
By , on 01-Feb-2014 Exclusive to the AASD
Philips Auctions will offer a high quality, broad based, single owner collection of 52 works from across Australia including the Central Desert, tri-state border, the Kimberley and Arnhem Land, in Melbourne on 16 February 2014.
The collection has been assembled by Michael and Janet Strachan over last 20 years.
The traditional auction room format of well-heeled bidders discreetly wielding paddles could soon end up on history's scrap heap as Australia's major art auction houses move into the online bidding arena. Next week, Leonard Joel's famous Thursday art auctions, which date to 1919 and turn over $6 million a year, will offer real-time online bidding with its live auction. It will be Australia's first weekly art sale of such proportion with 1000 lots a week. Leonard Joel managing director John Albrecht said the move could reduce the Thursday auctions, which attract about 500 people to its Melbourne rooms each week, to a ''small, boutique sales environment'' within five years. ''It may be like the cricket - 1 million viewers and hardly anyone in the stadium.''
By Terry Ingram on 27-Jan-2014 Exclusive to the AASD
An object which sold for 64 times its estimate at Lawson's in Sydney has finally been assessed as something of far less interest than what the competing bidders had hoped for.
After 12 years involving scientific testing and expert analysis, thoughts about a domestic scale carving of a moonlike god figure from the Nukuoro people of Micronesia offered in its rooms have finally come down to earth, Terry Ingram writes.
By Terry Ingram on 22-Jan-2014 Exclusive to the AASD
Lord Alistair McAlpine of West Green who has died in Italy at the relatively age of 71, taught Australians how to value its heritage of stick and packing case furniture.
With his boundless enthusiasm and a fortune from his British family's property development operations he also helped financially shape the market in Australia’s best known serious Australian artist, Sidney Nolan.
An "irreplaceable" private collection of work by some of New Zealand's finest contemporary artists has been destroyed in a fire at a house near New Plymouth. Work by Colin McCahon and Ralph Hotere was among pieces worth many millions of dollars destroyed at a rural property owned by John and Lynda Matthew.
If you are an art enthusiast tempted to splash out on an apparent bargain, lured by the prospect that it could be a little-known work by a great painter, you might want to think again. Art experts warn of the rapid spread of a new con trick which involves cheaply produced works in the style of great artists being sold by dealers who dishonestly suggest they are genuine. The practice is known as "trapping" and said to be increasingly popular on internet auction sites, as well as in auction houses, antiques shops and street markets.
By Terry Ingram on 09-Jan-2014 Exclusive to the AASD
The Art Gallery of South Australia may be about to fill one of the most glaring gaps in its collection with a multi-million dollar purchase.
A big repository of British art from as early as the late 19th century, the gallery is now believed to have a major French Impressionist painting in its line of sight.