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Christmas Hours for Antique & Art

5/12/2019

 
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Merry Christmas once again to everyone from Antique & Art Valuation Service.

Our tenth year will soon draw to a close and we look forward to a relaxing summer holiday to round out 2019.

This year we will be closing our doors on Friday December 13th 2019 and re-opening on Monday January  28th 2020.
  

Thank you to all our customers, followers and "inquirers" this year, we really appreciate you!

See you in 2020.
e.c.

Final Antique Auctions of 2019

4/12/2019

 
It's December, so the auction houses are now on the home stretch to the end of trading for 2019. 

Cordy's have their final catalogued antique sale on Tuesday December 10th. A highlight for me is lot 358 : A rare and large 19th C New Zealand historical silver Maori themed brooch by Adolph Kohn. Estimated at $1,500 - $3,000. 

Webb's new sale category 'Made in New Zealand', takes place the next day.  
​This includes lot 44, a rare pair of colonial Kauri Scotch chests estimated at $2,500 - $3,500. 

Webb's also have an Asian Art auction on Thursday Dec 12th 6pm and Cordy's have a Christmas Sale on Monday Dec 16th at 4pm. 

I hope all auction staff have a relaxing and refreshing Christmas break and  I look forward to seeing what comes to market in 2020.

e.c.

Gordon Walters Work Sets Record at Art + Object

28/11/2019

 
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Installation view / photo Erika Chamberlain
A new record price for a Gordon Walters artwork (at auction) was set at Art + Object on Tuesday evening. The 1977 black and white Koru painting, seen in the installation photograph above, was estimated at between $500,000 - $800,000. After a bidding competition by a dealer and an art consultant in the room, the hammer came down at $516,000.  Buyer's premium + charges makes the invoice total $619 820.  
Ben Plumbly from A+O explains:
"The most a Gordon Walters painting had previously sold for was $430,000 and that was four or five years ago," Art & Object auctioneer and director Ben Plumbly said. A retrospective exhibition of Walters' works titled New Vision was recently displayed in galleries around the country and finished at Te Papa.
"I think his work is increasingly admired and for us in art market the way he painted means his works are extremely rare. He could take seven years to finish a painting. So it's a pretty major piece." from the Stuff article here. 

This work was purchased from Webb's in 1989, I was unable to trace the hammer price for this auction.

Art Sales for the Next Two Weeks

21/11/2019

 
It is a busy few weeks for art sales in the country.  See below for the details and links.
Tuesday      26 November   Art + Object                 6:30pm     Important Paintings & Contemporary Art
Wednesday 27 November   International Art Centre 6:30pm     Modern / Contemporary Art
​Thursday    28 November   Webb's                         6:30pm     Works of Art
Wednesday 4 December     Dunbar Sloane              6:00pm     NZ & International Fine Art

​

Edith Fenton Work now Identified in the Te Aroha Museum Collection

7/11/2019

 
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A wee article I wrote for The Friday Edition.

​e.c.

Smither Work Highest Priced Art Work At Auction For Living Artist

31/10/2019

 
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This 1967 painting of a Taranaki sea wall with Kotare by Michael Smither sold for $342,000 (incl. premium) at International Art Centre last week.  This beats Bill Hammond who's work Farmer's Market (featuring his Birdmen) sold for $322,000 at Webb's in 2013. One thing is sure, we kiwi's love our bird paintings!
Read Stuff article here. 

Two Records at Guy Ngan Collection Estate Sale at Cordy's

14/10/2019

 
The estate of Guy Ngan (1926-2017), artist and collector, came to auction at Cordy's on Monday 7th October.  The 282 lot sale consisted of works by Ngan of various media including screenprint, painting and sculpture.  It also featured a collection of items gifted to him and his wife by his many artist friends over the years. 

There were two stand out lots that have now become record auction prices. Lot 79 was a work entitled 'Australasia No.2' a large 1970s oil on board measuring almost 2m in length.  This work sold for $40,000 which beats the previous work by $400.  

The other is a large form garden pot by another multi-talented artist, Roy Cowan (1918-2006).  Described as "modelled with scrolls reminiscent of a Ionic capital", it stood 730 mm high.  As illustrated above, it featured on the cover of NZ Potter Magazine in Spring 1971.  Cowan's large scale pots have always been popular as modernist garden sculptures, this one sold for $18,500 passing the previous record by $2,500. 

Interest in the artist's work has increased since his death two years ago.  A large retrospective exhibition at The Dowse (Habitation) and a  show at Artspace (Either Possible or Necessary) have spotlit his talent in the recent months, and would have helped the current market interest in his collection.

​More information about the artist and the Dowse exhibition is here. 

e.c.

Gwen Knight Sells Well at Dunbar Sloane

18/9/2019

 
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I was lucky to be in Wellington last week, so was able to attend two of the three sales that made up the Fine & Applied Art Sale at Dunbar Sloane.  The Fine Art auction did well for some works, but the following day lunchtime sale of more affordable works was much better attended and seemed more bouyant.  

Lot 241, a work by Gwen Knight did very well.  The Goldfish Pond was a gouache on paper work, measuring 42 x 55 cm.  It  was estimated at $1,500. 

Knight was born in 1888 in Wellington and in 1929 at age 41 went to Europe to study art. A chance encounter with Frances Hodgkins in St Tropez lead to a long and happy friendship and introduced her to many of the movers and shakers of the European art scene.  Knight is the model in the work  "Pinewoods", by Hodgkins in Te Papa's collection. 

Hans Hoffman taught her painting in Munich.   André Lhote showed her the Cubist craft in Paris. In London she spent time studying under  Bissiére . 

Such a world class arts education profoundly affected her painting.

Thrown into war, Europe would  no longer be the exciting, thriving place to be for a 60 year old woman artist. Knight returned to New Zealand in 1948, where, together with Helen Stewart, she became an important element of the Wellington art scene  throughout the 50s and 60s.

Gwen Knight died in 1974.

On the secondary market her prices have been varied.  Works have been slow to the market with only one painting a year coming onto the market over the last 5 years. 

However, perhaps bouyed by her adjacency to Francis Hodgkins (who is "having her time in the sun"), this work raced above the top estimate of $2,500 to $4,900 (+BP). I suspect this was an institutional buy and it hopefully represents a heightened interest in our much under-represented woman painters.
​
Excellent bio on Ferner Galleries website.

E.C.

The Art Market Update - Andy Warhol & Michael Parekowhai

12/8/2019

 
Andy Warhol / Marilyn / screenprint in colour on wove paper, 1967, 238/250 / 910 x 910 mm / est $130,000-180,000
Andy Warhol / Green Pea Soup / screenprint on paper, edition 138/250 / 890 x 580 mm / est $25,000 - 35,000
Even though Andy Warhol is one of the most famous artists in the world, his works pop up surprisingly frequently at auction in New Zealand. Both Art + Object and Webb's had a Warhol in their art sales last week, each selling within a few days of each other. At A+O the top price of the night went to Andy Warhol's Marilyn which sold for $141 000 (incl. BP & gst).  Webb's had a Soup Can screenprint that sold for $41,125 (incl. BP) the very next evening.  Two iconic pieces by the artist.
Parekowhai / The Bosom of Abraham / screenprint / est $10,000-15,000
Parekowhai / Passchendaele / c-type print / est $16,000 - 20,000
Parekowhai / The Moment of Cubism / bronze / est $25,000 - 35,000
Michael Parekowhai is always a favourite at auction.  Three works of differing media, were up for sale last week; a kowhaiwhai printed lightbox (at Art + Object), a large scale photograph and an unique hand finished bronze 'sapling' (at Webb's).  The Moment of Cubism (the lemon tree sapling) sold for $64,625 (incl. BP) against an estimate of $25,000 - $35,000.  The three editions that had sold previously at auction were all sold for around the $30,000 mark, so this was a great price.  The Bosom of Abraham light box sold for $14,415 (incl. BP & gst)  and Passchendaele a large scale c-type photograph sold for $20,562.50 (incl BP). These were both marginally lighter than the highest prices of previous versions at auction. Winter can keep some buyers away from the sale room, so I look forward to the effect of the coming warmer and lighter months on the art market.

High Flyers at International Art Centre

31/7/2019

 
Two record auction prices were achieved last night at International Art Centre's Important & Rare Art sale.  Firstly, lot 21 was an early Karl Maughan painting (1988), in a more realist style than his contemporary works, 'Marigolds and Sweetcorn' was part of the Telecom Collection, now the Spark Art Trust Collection. It is hard to tell whether its beautiful painted quality or its collection history added to its record price of $98,000 (hammer price, not including premium).  This beats the previous record of $96,113 (incl BP) for 'Rhododendron and Ponga' a work from the collection of Kiri Te Kawana, also sold by International Art Centre. 

Secondly, Lot 32 was Michael Smither's painting 'Saint Francis and the Wolf' and was estimated at $120,000-160,000.  Interest from bidders pushed this up to $240,000 (hammer price). This work also had very good provenance, coming direct from the artist's own collection. The previous record was $230,000 (assumed to be hammer price) for The Family in The Van, part of the Les and Milly Paris collection, which broke all sorts of records at Art + Object back in 2012.  
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