The Spectator | Donald McDonald
A French painting purchased in Melbourne in 1953 has been repatriated selling for $5.26m earlier this month in Paris. For 67 years the painting had hung in a private house in Melbourne until it was ‘rediscovered’ by Smith & Singer who returned it to France on behalf of an Australian client, the son of the original purchaser.
The Art Newspaper | Elizabeth Fortescue
When Claude Bonin-Pissarro accompanied an exhibition of 119 Modern French paintings from France to Australia in 1953, he told an Australian newspaper that he was very satisfied with security arrangements surrounding the pictures. No one had tried to steal or destroy the works by Picasso, Matisse, Derain, Léger and others, Bonin-Pissarro said...
Smith and Singer repatriated the painting to France and on Friday 10 July, Christie’s Paris sold it for a hammer price of €3.2m “following fierce bidding from representatives in Hong Kong, London, New York and Paris”.
The Age | Nick Miller
An oil painting by one of Australia's most celebrated artists, John Brack, of his laughing, pigtailed four-year-old daughter Charlotte has smashed expectations at auction, costing its new owner nearly $1 million to take home.
Laughing Child, painted in 1958, sold to a telephone bidder on Wednesday for a hammer price of $750,000 ($915,000 after the auction house premium). Pre-auction estimates were around half the amount.
The Sydney Morning Herald | Nick Miller
An oil painting by one of Australia's most celebrated artists, John Brack, of his laughing, pigtailed four-year-old daughter Charlotte has smashed expectations at auction, costing its new owner nearly $1 million to take home.
Laughing Child, painted in 1958, sold to a telephone bidder on Wednesday for a hammer price of $750,000 ($915,000 after the auction house premium). Pre-auction estimates were around half the amount.
The Spectator | Donald McDonald
In a futile attempt at participating in the current cultural revolution, I tried to suffer ‘harm and offence’ from an art catalogue. But it seems I’m no good at this revolutionary business because I only derived pleasure from the catalogue of Important Australian & International Art of works to be auctioned by Smith & Singer (formerly Sotheby’s Australia) on 24 June.
Financial Review | Gabriella Coslovich
Next week brings a small but significant milestone to the art market with the return to live in-room auctions.
Smith & Singer are the first in line with their Important Australian and International Art auction in Sydney next Wednesday night. It is not only the highest value sale so far this year, with a total estimate of $5.9 million to $8.3 million, but also an auction that will see two major works by prominent Australian artists offered on the secondary market for the first time.
The Sydney Morning Herald | Meaghan Wilson-Anastasios
This week Charlotte Brack saw, for the first time, a portrait that her father painted of her in 1958, when she was just four. It was unveiled for her at auction house Smith & Singer where it is about to go to auction (at a published estimate of around half a million dollars).
Financial Review | Gabriella Coslovich
The sums that art buyers are willing to spend online have crept up, reflecting a pragmatic shift that has occurred across the economy during the pandemic.
Only a month ago Saleroom reported that the comfort threshold for online bidding hovered around $50,000, with a couple of notable exceptions five and six years ago. But in the space of two weeks we’ve seen an internet bidder pay $190,000 (hammer) for the 20.246 carat “Wakil Emerald” at Smith & Singer’s online jewels auction, and another collector rise to a $100,000 internet bid for Del Kathryn Barton’s portrait of Hugo Weaving at Deutscher and Hackett’s inaugural solo online auction last week.
The Australian | Ashleigh Wilson
Geoffrey Smith makes it his business to know the minds of collectors. And while the pandemic has been a strange time for all, those lucky enough to be surrounded by art have found themselves developing a renewed appreciation for their collection during lockdown.
“They’re spending more time at home, looking at what’s hanging on the wall,” said Smith, chairman of fine art auction house Smith & Singer. “Never has there been a time when art has been more important than now.”
As galleries start to open their doors around the nation, auction houses are preparing to welcome buyers back into their showrooms after a long period of absence.
Nine News | Mike Dalton