Garry Shead painting sets new record at auction of John Symond art collection
The Daily Telegraph | Jacqui Taffel, Wentworth Courier
A new international record for a Garry Shead painting under the hammer was set at yesterday’s auction of Aussie Home Loans founder John Symond’s art collection. The Shead painting, titled The Bearers (Queen of Suburbia), 1997, had a pre-auction estimate of $350,000 — $450,000 and sold for $439,200. Two other works sold for significantly higher than their estimates — Brett Whiteley’s Nude Beside the Basin, 1963, estimated at $350,000 — $550,000, sold for $829,600, including buyer’s premium, and House and Native Tree by Howard Arkley sold for $207,400, high above the estimated $80,000 — $120,000.