Important Australian Art

Strong results were achieved tonight at Sotheby’s Australia’s August auction of Important Australian Art.  The sale featured a number of rare and significant works, many of which were offered to the market for the first time in several decades.  Comprising 116 lots of art by leading practitioners, the sale achieved $5.29 million including buyer’s premium, or 67.2% by volume and 90.3% by value, with several new auction records achieved.

Geoffrey Smith, chairman of Sotheby’s Australia commented: ‘Following the outstanding result of our April 2015 sale, which achieved the highest auction total for Sotheby’s Australia since 2007, the August sale attracted strong attention from discerning collectors and first time buyers, re-affirming confidence in the market.  The outstanding results are testament to our ongoing commitment to sourcing and offering to the market the finest works of historical, modern and contemporary Australian art.’

AUCTION
25 August 2015  |  6.30 PM AEST
InterContinental Sydney
117 Macquarie Street, Sydney