News & Video
Australian Financial Review | Peter Fish
Numerous major paintings were on offer, including an epic Arthur Boyd, a trio of paintings by Russell Drysdale and a host of works by Brett Whiteley – but it was the unexpected high-flyers that electrified auction-goers at Sotheby's last week.
The Australian-owned firm, which last year emerged at the top of the major league of art auctioneers by turnover, has a reputation for attracting top works and pitching its estimates at close to what buyers are likely to pay. While many of the prices realised at its sale in Sydney on August 16 were broadly in line with expectations, the firm's chairman, Geoffrey Smith – whose meticulous research is a byword in the business – clearly got a few surprises.
Important Jewels at Sotheby’s Australia August 201718 August 2017
Sotheby’s Australia’s August sale of Important Jewels offers a variety of stunning jewels. To be held at the InterContinental Sydney, the sale of 210 lots features an impressive selection of accessible and desirable coloured gemstones and diamonds, as well as period jewels and watches, including a magnificent selection of aspirational designer and iconic pieces from Bulgari, Cartier, David Webb, Harry Winston, Rolex, Tiffany & Co., and Van Cleef & Arpels. The estimated sale range is $1.9 million to $2.6 million. (112.17 KB)
Australian Auction Review
Arthur Boyd’s Moby Dick Hill sold for $1.2 million at Sotheby’s Australia’s Sydney August 16 sale and became the third highest priced work at auction for the artist.
Sotheby’s Australia chairman Geoffrey Smith said the result was a testament to the genius of an artist who, following World War II, encapsulated the urgency and vitality of an Expressionist style that contributed significantly to the history and development of 20th century Australian art.
Million Dollar Boyd16 August 2017
Outstanding results were achieved at Sotheby’s Australia’s August sale of Important Australian Art held at the InterContinental Sydney on 16 August. Surveying major stylistic developments, the auction offered rare and prestigious examples of Colonial Art, Naturalism, Impressionism, Post-Impressionism, Modernism, and Abstraction, along with ground-breaking paintings and works on paper by the most influential artistic innovators of historical, modern and contemporary Australian art. With 97 works of art on offer, the sale realised $11.3 million with clearance rates of 125.4% by value. (461.66 KB)
Results | Important Australian Art | Sydney 16 August 2017 | Top Lots16 August 2017
Australian Auction Review | Richard Brewster
Charles Blackman’s The Pink 1953 – acquired directly from the artist’s solo exhibition of that year and held in a private collection ever since – will be auctioned for the first time in Sotheby’s Australia’s forthcoming Important Australian Art sale from 6.30pm Wednesday August 16 at Intercontinental Sydney, 117 Macquarie Street, Sydney.
With a catalogue estimate of $250,000-$350,000 from a total sale projection of at least $9 million, the painting was included recently in the comprehensive Charles Blackman: Schoolgirls exhibition at the Heide Museum of Modern Art in Melbourne.
Important Australian Art Auction in Sydney 16 August 201710 August 2017
Strong buyer interest is anticipated at Sotheby’s Australia’s August sale of Important Australian Art on 16 August at the InterContinental Sydney. With 97 works of art for auction estimated at $9.02 million to $11.77 million, the sale presents a collection of extraordinary moments in Australian art history. Surveying major stylistic developments, the auction offers rare and prestigious examples of Colonial Art, Naturalism, Impressionism, Post-Impressionism, Modernism, and Abstraction, along with ground-breaking paintings and works on paper by the most influential artistic innovators of historical, modern and contemporary Australian art. (213.21 KB)
Business Insider | Simon Thomsen
Syndicated: Yahoo!7 Finance
A last-minute $250,000 donation from an anonymous Victorian couple has saved the 104-year-old Castlemaine Art Museum from closure next week.
The 1931 art deco building in Victoria’s goldfields region houses works by Australian artists such as Arthur Streeton, and is currently displaying Patricia Piccinini’s “Graham”, the sculpture commissioned by the Transport Accident Commission. Its announcement last month that it would close on August 11 until March 2019, due to “a range of financial and operational challenges”, sent shockwaves through the arts community.
Broadsheet | Annelise Answerth
An anonymous couple from central Victoria has donated $250,000 to keep the Castlemaine Art Museum open, after the regional institution announced it would close indefinitely next week due to lack of funding.