A classical Lowry entitled Industrial Scene features at a 900 lot auction in Cork on January 30. The painting, which has a nine centimeter tear on the lower left hand side, is from a collection in Co. Limerick. It is in a white frame and signed and dated 1959. It measures 52 x 65 cms and is estimated at 60,000-100,000.
It will be sold, presumably subject to authentication, at the first ever auction by the newly established Cork Auction Rooms. The company is a new venture by Tom O’Connell of Kerry Auction Rooms, Moyderwell, Tralee and Michael Watson of Lissardagh Antiques in Cork. They intend to hold monthly auctions in Cork, selling everything from antiques and collectibles to household contents.
The works by artist Laurence Stephen Lowry, born of Irish parents near Manchester in 1887, are enduringly popular. His values have continued to soar, even in the current economic quagmire. The Football Match by Lowry made a new world record for £5.6 million at Christie’s in London last May. Bonhams set a record for a work on paper by Lowry in November when Swinbury Station sold for £121,250.
UPDATE: This work aroused considerable interest but failed to sell in the absence of back up authentication paperwork.