Smith & Singer

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Time and Tide  |  Felix Scholtz

The ‘Paul Newman’ Daytona is one of THE legendary watches. At its most basic level it’s an exotic dialled variant of the (already iconic) Rolex Daytona. Unpopular when it was originally released, things kicked off for the watch when pictures of Paul Newman wearing a ref. 6239 emerged and the once-obscure chronograph became one of the hottest tickets in town. And, like the story of all mythical creatures, that of the Paul Newman is a nugget of truth surrounded by a whole lot of  rumour, speculation and downright BS. The reason is simple – Paul Newmans are worth big dollars. For example, a particularly primo gold ref. 6263 sold just the other weekend, setting a new record with its whopping $3.7m USD hammer price.

Australian Financial Review | Peter Fish

The mood in the art market is reviving after almost a decade of flatlining annual sales. Evidence of increased dealer activity on behalf of private clients is mounting amid improving sentiment and the evidence of several successful sales this year – culminating in last week's Sotheby's Australia sale, where numerous works realised way above expectations.

The Australian  |  Michaela Boland

The Australian art market ­continued its stellar run last night when Sotheby’s Australia auctioned 108 artworks for $14.3 million, the company’s best result since the market peaked a year before the global financial crisis hit.

Four artist records were set but the highlight of a night when only a couple of big artworks failed to find favour was the sale of a ­Eugene von Guerard landscape which had been owned by the same family for more than five generations. Breakneck Gorge, Hepburn Springs sold to a phone bidder for $1.952m, including Sotheby’s 22 per cent buyers’ premium off a $1m reserve.

The Advertiser  |  Louise Nunn

TWO rare portraits painted by Hans Heysen’s daughter Nora and never seen publicly, are co-incidentally up for auction for the first time.

Being sold by different vendors in Sydney, the paintings were both done inside the same London flat, and give an insight into the artist’s early career.

Interior, painted by the South Australian in 1935 but dated 1938, fetched $120,000 under the hammer at Sotheby’s Australian auction in Sydney last night, with the buyer’s premium taking the sum total to $146,400.

The Daily Telegraph  |  Elzaibeth Fortescue

IT was, says Sotheby’s Australia chairman Geoffrey Smith, “a jaw-dropping moment”. Here it was in his office, a Eugene von Guerard landscape painting whose whereabouts had eluded scholars for almost 150 years. And most unexpectedly of all, the picture had come back to Melbourne, where it was created, from Mexico.

Domain  |  Mary O'Brien

The world of art can be an intimidating place: cool galleries, confusing artworks, beautifully dressed people in the know.

Buying your first piece is like plunging off a cliff. Luckily, armed with good advice from some experts, you can avoid the pitfalls.

The first basic rule is to only buy original work that you love – after all you’re the one who will live with it.

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