Money pours into investment grade art
Held in Sydney on 24 June 2020, Important Australian & International Art realised $6,620,940, the highest fine art auction total of any auction house in 2020 to date. The auction presented an exceptional selection of Australian and international works. Comprised of key pieces from throughout the last two centuries, this auction offered rare and never-before-seen examples of Colonialism, Naturalism, Impressionism, Post-Impressionism, Modernism, and Abstraction, along with paintings, sculptures and works on paper by the most influential artistic innovators of historical, modern and contemporary Australian and international art.
The evening’s total of $6,620,940 was reinforced by a sold-rate by value of 111%, emphasising the strength of demand in the market for the exceptional pieces of Australian and international art on offer.
AUCTION IN SYDNEY 24 JUNE 2020 l 111 QUEEN STREET, WOOLLAHRA
Elsewhere, the BRETT WHITELEY, "Kurrajong" with an Estimate A$700,000 - A$900,000 at Menzies auction on 9 July, 2020 will be the one to watch
I was good friends with Arkie. She gave me a few of her dads paintings. Should try to find them. They are in the garage somewhere.