Lower priced works by name Australian artists appear to be attracting strong buyer interest at auction – if Menzies November sale results are any guide to market trends.
Of the 125 works offered for auction, 94 (or 75 per cent) sold – most of them (67) at or below a $20,000 hammer price.
The big ticket items – iconic works by artists such as John Bracks, Fred Williams, Jeffrey Smart, Charles Blackman, Garry Shead and Tim Maguire – still attract sizeable dollars...