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Tuesday, June 21, 2005

Auction Roundup 

Sales at 3 Major Art Auctions Set Records

The regular spring auctions of Canadian art were held this past month by Joyner-Waddington's, Heffel, and Sothebys-Ritchies. Media comments and prices realized are now available --most are listed below.

In total, it seems that the market for high-end Canadian art is very healthy, with all parties reporting record sales and energetic bidding, although many of the same buyers are dominating the market (like Kenneth Thompson, who is rumoured to be the buyer of the $567,500, painting of "Mount Robson from the North East" by Group of Seven founder Lawren Harris --Thompson has a huge collection of Group of Seven and other Canadian paintings, the bulk of which are going to the AGO).

"These prices show the rising value of great Canadian art," says Geoffrey
Joyner, President, Joyner Waddington's. "We are delighted with the response."

On the other hand, there were also some (almost-predictable) disapointments, like the failure of another Harris painting at Sotheby's to sell:

"Admittedly, the painting that went into yesterday's sale with Sotheby's highest estimate -- Eight Red Houses, a large oil by Group of Seven founder Lawren Harris valued at $400,000-$600,000 -- garnered a top bid of only $275,000 and was withdrawn from sale.

But this was the only dark cloud in a decidedly upbeat sale that saw at least 10 paintings hammered down for $100,000 or more.

David Silcox, president of Sotheby's Canada, called the non-sale of the Harris "a disappointment, for sure." But he acknowledged its "sombre cast" and its lack of the snow, rocks, ice and trees motifs preferred by Harris collectors made it "not everyone's cup of tea." "

As for the Heffel auction, the big news continues to be record prices for Emily Carr paintings:

"Emily Carr continues to be the artist who has been most important to our business," says David Heffel, president Heffel Fine Art Auction House. "This was [an] outstanding sale price that shows that Carr is still one of Canada's most beloved artists."


Links
The Globe and Mail: Good haul reported for art spring auctions
Globe: Impressive sales prove that the market for high-end Canadian art continues to be robust
Toronto Star Abstract
Joyner Prices 1
Joyner 2
Sotheby's Ritchies Results
Heffel News

Monday, June 20, 2005

Prisoner's Box 

Prisoner's box to be auctioned at Waddington's
TORONTO, June 13 /CNW/ -
"A small, wooden box carved by a man imprisoned
for his part in the Rebellion of Upper Canada in 1837 will be offered for sale
at Waddington's Decorative Arts auction on Tuesday, June 14.
The prisoner's box was carved by Hasel H. Scott, a Scottish-born labourer
arrested for his involvement in the Rebellion, led by William Lyon Mackenzie.
It was a practice of those imprisoned following the Rebellion to carve
the little boxes, as gifts for loved ones, while awaiting trial."

Update: Box sells for $4800 Prices Realized, Lot 440
Catalogue
Press Release

Anne of Green Gables = $24 Thousand? 

Anne of Green Gables first edition sold
"A first edition of Lucy Maud Montgomery's classic Anne of Green Gables was auctioned off for $24,000 US at Sotheby's on Friday.
The 97-year-old book by the P.E.I.-born author had been expected to fetch up to $12,000 US.
The 1908 book in its original pale-green ribbed cloth cover with gilt lettering was exceptionally rare and in superb condition, said Sotheby's.
Only five copies of the first impression -- published by L.C. Page and Co. of Boston -- have appeared at auction in the past 30 years.
The volume was part of a collection of over 300 books that belonged to Hollywood director George Cosmatos -- the man behind Tombstone and Rambo: First Blood. "
Entertainment - canada.com network

Canada Map = $1 Million? 

Antique map fetches record price at auction
"The printed map, one of only four known surviving examples produced by a group working under German cartographer Martin Waldseemueller, was bought by Charles Frodsham and Co. Ltd., a company that makes, collects and deals in items ranging from clocks to maps and books, Christie's auction house said.
Scholars created the set of maps, believed to be components of the earliest printed globe, based on explorers' accounts and had to draw the Pacific Ocean before Europeans had even discovered it. The work depicts a land mass labelled America that corresponds to part of South America."
The Globe and Mail







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