Smith & Singer In the News

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

Financial Review  |  Gabriella Coslovich

When is an art auction not an art auction? It’s worth asking at a time when auction houses are experimenting with new sales models that blur the line between private and public, and that increasingly encroach on the turf of art dealers. Traditionally, auctions have been public events – the auctioneer’s hammer falls and the winning bid is known. But the pandemic has been a catalyst for change, and some auctions are now more akin to secret sales.

Time + Tide  |  Nick Kenyon

Smith & Singer (formerly Sotheby’s Australia) are hosting their first watch and jewellery auction of the year this week, featuring a smattering of interesting watches, with a few standout pieces. While the current circumstances mean a crowded room focused on a rostrum is impossible, the auction will be held virtually, with bidding allowed via telephone and online to enable the sale to go forward. While watches only make up a portion of the Jewels Department of Smith & Singer, there are always some interesting lots on offer, including a Heuer Autavia “Jo Siffert” and an Omega Speedmaster Apollo XI 1969 ref. 145022 69 in the last 12 months. This sale is no exception, with a few lots in particular that aren’t things you might see every day, and is due to take place on May 27 at 6.30pm.

Wish Magazine, The Australian  |  David Meagher 

The Guardian  |  Staff Writer

Carol Jerrems was a Melbourne-based photographer who died in 1980, at just 30 years old. Last November her work rocked the art world when a print of Vale Street (1975) sold for $122,000 ($1,00,000 hammer price) at a Sotheby’s Australia (now operating as Smith & Singer) auction. In her short and intense career she focused on figurative compositions that were intensely personal and informative of a life lived in Melbourne in the 70s.

Sydney Morning Herald  |  Nick Miller

Take a stab at what would be the most valuable Australian photograph ever sold. A Bill Henson? Max Dupain’s Sunbaker? As of November last year it is Vale Street, by Melburnian Carol Jerrems, taken in St Kilda in 1975. A print sold for $122,000 ($100,000 hammer price) at a Sotheby’s Australia auction – more than 10 times the previous record for the artist, and more than double the pre-auction estimate of $30,000–50,000.

Arts Hub  |  Visual Arts Writer

Artists do their bit for bushfires, Opera Australia to present Rodgers and Hammerstein’s Cinderella,iconic street art festival returns to Benalla, plus more arts news.

The Age  |  Meaghan Wilson Anastasios

International auction house Sotheby’s will cease to exist in Australia after nearly 50 years of operation when the married couple who run the business drop the famous name for their own.  Following months of speculation, power couple Geoffrey Smith and Gary Singer confirmed they will relaunch their auction house at the same Melbourne and Sydney offices under the name Smith & Singer from January 1.