Submitted by aarAdmin on Thu, 06/26/2014 - 00:00
Arthur Streeton’s Ariadne more than doubled its lower catalogue estimate of $200,000 at Mossgreen’s multi-vendor art sale on June 24 in Melbourne as bidders in the room and on the phone competed frenetically for the masterpiece.
Knocked down for $500,200 including buyer’s premium, the painting – taking pole position at lot 1 – ensured the auction was off to great start.
Among other highlights, five large oil paintings by Arthur Boyd from the Estate of the Late Yvonne Boyd sold for a combined total of $314,760 including Buyer’s Premium.
Top 10 results:
Lot 1. Arthur Streeton, Ariadne 1895, Estimate: $200,00-300,000, Sold for $500,200
Lot 59. Arthur Boyd, White Figure with Dog and Man 1962, Estimate: $50,000-70,000, Sold for $91,500
Lot 62. Arthur Boyd, The Lovers 1962, Estimate: $50,000-70,000, Sold for $85,400
Lot 18. John Russell, Neige, Estimate: $80,000-120,000, Sold for $79,300
Lot 30. Russell Drysdale, Two Boys, Estimate: $60,000-80,000, Sold for $67,100
Lot 27. Sidney Nolan, Woman in Floral Hat 1964, Estimate: $40,000-50,000, Sold for $63,400
Lot 14. Garry Shead, Courteous Dancers 2001, Estimate: $40,000-50,000, Sold for $54,900
Lot 64. Arthur Boyd, Woman and Dog 1962, Estimate: $50,000-70,000, Sold for $54,900
Lot 17. Peter Purves Smith, Vineyard in the South of France 1939, Estimate: $25,000-35,000, Sold for $53,680
Lot 47. Garry Shead, The Black Swan of Trespass 2005, Estimate: $50,000-60,000, Sold for $53,680
Lot 68. Hans Heysen, Summer 1922, Estimate: $30,000-40,000, Sold for $53,680
All prices include Buyer’s Premium.
The Important Australian & International Art auction made a total of $2,118,591 including Buyer’s Premium.
Director of Art at Mossgreen Jon Dwyer was delighted with the result.
“Tonight we’ve seen further encouraging signs of a strong Australian art market as collectors continue to dig deep for quality works fresh to the market,” he said.
