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Virtual real estate appears to be performing as well as the real thing, with an enormous Howard Arkley painting setting a new auction record for the artist during lively bidding at Bonhams August auction, which reaped total sales of $2.2 million.
A Large House with Fence, 1998, painted the year before Arkley died, wassold to a private collector for $463,600, surpassing the previous artist record, set in 2007, of $401,442 for Family Home, 1988.
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With more than a dozen new registered bidders and 600 regulars attending Amanda Addams Auctions August sale, many items on offer sold well above estimate.
After auction sales also were solid particularly for Hagenauer items (all of which sold) and jewellery pieces, with the auction house finishing with an overall 82 per cent clearance rate.
The greatest prices (all minus the buyers’ premium of 18.7 per cent) were achieved by a rare Chinese Ching dynasty carved...
Philips Auctions July sale was highlighted by a single vendor Aboriginal art collection that resulted in a 113 per cent by value and 95 per cent by volume windfall for the owner.
The collection belonged to the former South Melbourne-based Blue Door Gallery owner Steve Ralph who has now moved to the United Kingdom following his wife Rachael’s new position as head of HR for one of Australia’s largest and most successful consumer law firms.
So successful has...
Cricket postcards from the turn of the 20th century and an original poster from cartoonist Weg of Footscray’s 1954 Victorian Football League win were the highlights of Mossgreen’s August sporting memorabilia auction.
The cards, published by Foster of Brighton from about 1900-1910 sold for $7930 (including buyers premium) on an estimate of $1200-$1500, while the Weg poster changed hands for $7320.
Other memorabilia to perform well included an 1888...
Menzies Art Brands was over the moon when Brett Whiteley’s Gauguin, brought back earlier this year from the Chelsea Hotel in New York and seen for the first time in Australia, sold at its July auction in Melbourne for $1,718,182 including buyers’ premium.
The Chelsea Hotel was a cultural magnet and attracted many of the leading artists and musicians of the 1960s – such as Bob Dylan, Leonard Cohen, Janis Joplin, Jackson Pollock, Dylan Thomas – and, of course,...
Part 1 of Mossgreen’s inaugural July auction of Australian Indigenous & Oceanic Art achieved strong and encouraging results with $1,461,682 including BP sold and many new artist records set.
The sale kicked off with an important collection of early artefacts, which performed strongly.
Lot 1, a rare ceremonial boomerang club (lil-lil) sold for $19,520 IBP (pre-sale estimate: $7,000-10,000)...
Jewellery was the strong suit in Amanda Addams Auctions July sale with the highlight a pair of 18-carat white gold and diamond stud earrings that sold for $10,500.
Another strong return was the handmade 18-carat white gold tanzanite and diamond ring – knocked down for $5500 – while a white gold aquamarine and diamond ring changed hands for $3000, and a diamond Rubilite pendant for $2800.
At the same time, an Omega Seamaster gents wristwatch fetched a healthy $...
Sotheby’s Australia’s July Fine Asian, Australian & European Arts & Design auction achieved a total of $1,264,005 including buyer’s premium, or 68.5% by volume and 129.5% by value.
The impressive collection of carefully selected arts and design comprised of 295 lots of Asian ceramics, furniture and works of art, and a strong selection of Australian & European furniture, silver, paintings and works on paper.
A highlight of the sale was a handsome...
An 18-carat gold and diamond Rolex wristwatch “The Oyster Perpetual Datejust” was a top selling item at Amanda Addams Auctions June sale – going under the hammer for $7122 including buyers premium.
Other jewellery items of note included a handmade 18-carat white gold and ruby diamond ring that sold for $3324 and an 18-carat white gold and black diamond ring that brought a similar amount.
Auction goers were particularly keen on a rare Austrian enamel and gilt...
Jewellery lovers turned out in force for Philips Auctions June auction and hands quickly went to wallets for a diamond floral pendant on a chain – bought by the successful bidder for $45,500.
Many other items were almost as impressive, with a beautiful Cartier “Margot” necklace and bracelet suite changing hands for $11,200 and a solitaire diamond ring for $10,000.
Even an emerald and diamond dress ring attracted plenty of attention – eventually selling above...
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