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Australian Financial Review  |  Peter Fish

Bristling weaponry, paintings and fine Asian furniture will be on show at Sotheby’s Australia in Melbourne from July 24, prior to going under the hammer on Tuesday, July 29.

The 1886 South Australian Coursing Club Waterloo Cup

10 July 2014

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Australian Financial Review  |  Peter Fish

Last week’s sale of the Tom Roberts’s portrait Miss Minna Simpson at an auction record for the artist of close to $1 million could signal a reawakened interest in Australia’s Heidelberg School artists as well as highlighting what may well be a shift in sentiment towards more ­traditional paintings.

Australian Art Sales Digest  |  David Hulme & Brigitte Banziger

A large number of the 101 lots at Sotheby’s on budget day bore low estimates, promising a cut to prices. The venue of choice, the aptly named Treasury Lounge at the Intercontinental Hotel in Sydney’s CBD, raised the hopes of many to bag some bargain art on the night.  International auctioneer Martin Gallon was in fine form and brimming with confidence, and in the end did not deliver any cuts at all: with 113.5% sold by value and 71.3 % sold by volume, the evening brought a total of $5,569,910 IBP. 

The Australian Financial Review  |  Peter Fish

Even a towering effort by the late Fred Williams couldn’t save Bonhams’ important fine art sale in Sydney on Monday, with a big tally of unsold paintings heading back to disappointed vendors and only a handful of respectable prices.

But the Sotheby’s Australia sale the ­following night – the night of Treasurer Joe Hockey’s “horror” budget – was seemingly a world apart, recording exceptional prices and artist records.

Blouin ArtInfo  |  Nicholas Forrest

Sotheby’s Australia will offer a repatriated Sidney Nolan painting entitled “Ned Kelly: Kelly and Horse” 1955 (estimate $300,000-400,000) as part of their May 13 Important Australian Art auction in Sydney. The painting has been in private hands in London for nearly sixty years.

Australian Financial Review  |  Peter Fish

Sotheby’s Australia appears to have comfortably exceeded its financial targets with its Sydney sale of arts and design last week, helped along by a couple of surprises.

Sotheby’s Australia decision to relaunch its Arts and Design sales in Sydney has paid dividends with the company’s April 15 Fine Asian, Australian, and European Arts and Design sale achieving a total of AU$2.3 million including Buyer’s Premium and figures of 73% by volume and 134% by value.

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