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    MIXED BAG AT SOTHEBY’S

    Thursday, May 6th, 2010

    The Gold Turban, Sir John Lavery’s portrait of his wife Hazel sold for 481,250 pounds sterling or just over 566,000 euro at the annual Sotheby’s Irish Sale in London on May 6.

    It was a mixed day for Sotheby’s as just 44 of the 108 lots on offer found buyers.  The highest grossing sale of Irish art so far this year brought in 1.826 million sterling (2,150,950 euros). The sale was 59.3 per cent sold by value. The most expensively estimated pieces sold better than paintings of lower value.

    The biggest problem currently besetting the Irish art market is the difficulty in finding top quality works to sell. Potential sellers are still holding off. There is little problem in finding buyers for museum quality works.

    There was some surprise that a large abstract by Sean Scully, Eriskay, failed to sell but Sotheby’s are confident that they will get this one away very soon. It was estimated at 200,000-300,000. The real problem is at the middle of the market. Sotheby’s had too many mid market pictures on offer this year.

    Louis le Brocquy’s Spanish Shawl, a study in white made 361,250, James Christopher Timbrell’s Carolan, the Irish Bard, exhibited at the Royal Academy in 1844, made 39,000, Roderic O’Conor’s Paysage Ensoleillé made 181,250, A garden in a city at night by Jack B. Yeats made 121,250, The Morning Exercise by Basil Blackshaw made 103,250, White House at the Last Stop by John Shinnors made 37,250 and a watercolour by Harry Kernoff, At the Railway Station, made 54,050. A number of other lots by Kernoff failed to find buyers.

    A view of part of Dublin Bay by Richard Brydges Beechey (1810-1895), exhibited at the Royal Hibernian Academy in 1869, made 43,250 and a pencil drawing of a young girl by Frederic William Burton (1816-1900) made 17,500. Two works by Aloysius O’Kelly made 15,000 and 12,500 respectively but a number of others by the same artist failed to find buyers. Sotheby’s reckoned that they would have readily sold two or three years ago.

    An arresting self portrait in a bear skin by Sean Keating, estimated at 70,000-100,000, failed to sell, as did works by Gerard Dillon and Colin Middleton. At the Pump, an atmospheric oil on canvas by William Conor, made 23,750.  Four bronzes by Edward Delaney failed to sell, as did a photo realist work by John Doherty. Patrick Swift’s Trees with curved roof in background made 20,000 and Course of the Driver I by Hughie O’Donoghue made 31,250.  (Prices in pounds sterling)

    UPDATE:  SEAN SCULLY’S WORK ERISKAY SOLD FOR £193,250 AT SOTHEBY’S CONTEMPORARY ART DAY AUCTION  ON JUNE 30, 2011.  FOR THIS SALE IT WAS ESTIMATED AT £150,000-£200,000.

    NEW WORLD AUCTION RECORD

    Wednesday, May 5th, 2010

    PICASSO'S Nude, Green Leaves and Bust made a new world record for a work of art when it sold at auction in New York on May 4, 2010

    Picasso’s “Nude, Green Leaves and Bust” made $106,482,500 million at Christie’s in New York on Tuesday evening May 4, a new world record for a work of art sold at auction.

    The large-scale painting of Picasso’s mistress Marie-Thérèse Walter was the highlight of a world-class collection assembled by the late Los Angeles art patrons Frances and Sidney Brody.

    The sale is a strong indicator of growing confidence in a recovering art market. Nude, Green Leaves and Bust was estimated at between $70 million and $90 million. The previous record of $104.3 million was set in February by Giacometti’s “Walking Man I” at Sotheby’s in London.

    There were 69 works on offer in this sale and 56 of them found buyers.  The sale total was  $335,548,000  or 258,317,960 euros.

    Some fund managers who specialise in alternative assets have predicted that art prices will rise by about 40 per cent in the next two years.

    Tuesday, May 4th, 2010

    The first Wednesday of May spring evening sale of Impressionist and Modern Art at Sotheby’s New York brought a total of $195,697,000.

    Forty-three works achieved prices over $1 million, ten works exceeded $5 million, four works brought prices over $10 million, and two works sold for over $15 million. The sale was 87.7% sold by lot and 92.4% sold by value.  Asian buyers took four of the top ten lots.

    Two artist records were set: Isamu Noguchi’s Undine (Nadja) made $4,226,500 and Salvador Dalí’s Spectre du soir sur la plage made $5,682,500.

    The evening’s top price was achieved by Henri Matisse’s spectacular Bouquet pour le quatorze juillet, the artist’s emotional celebration of the first Bastille Day following World War I, which made $28,642,500.

    Wednesday, April 28th, 2010

    SOTHEBY’S IRISH SALE ON MAY 6

    AN important portrait by Sir John Lavery (1856-1941) and undoubtedly the most important early masterpiece by Louis le Brocquy (b. 1916) will headline Sotheby’s annual Irish Sale in London on Thursday, 6 May 2010. Altogether there are 108 lots on offer.

    The Gold Turban by Sir John Lavery (lot 30) is considered one of the finest portraits by the artist of his wife Hazel (1880-1935). Painted in 1929, it is estimated at £400,000-600,000 (€441,000-665,000). The picture showcases the artist’s skilful handling of paint in the sitter’s headwear, luminescent skin and red lipstick.

    TREASURE TROVE ON OFFER IN JUNE

    A landscape by French artist Andre Derain (click on image to enlarge)

    IN 1939, a group of works that belonged to the recently-deceased legendary art dealer Ambroise Vollard was deposited in a bank vault in Paris.

    Forgotten during the war and its aftermath, they remained in the vault for decades. They will finally make their first ever appearance on the market at Sotheby’s in June.   more….

    UPDATE:  André Derain’s Arbres à Collioure sold to an anonymous telephone bidder for £16,281,250, (€19,521,241) having attracted strong bids from a number of potential buyers. This price establishes a new record for this artist as well as a record price for a Fauve painting at auction.

    The remaining 139 Works from the trove achieved €3,554,301 at Sotheby’s Paris on June 29.  There was a record for an etching by Picasso sold in France – €720,750  and a record for an etching by Renoir -€252,750

    Tuesday, April 27th, 2010

    LAVERY LEADS AT O’DRISCOLLS

    Orange by Louis le Brocquy

    The top lot at the Morgan O’Driscoll sale in Cork on Monday was Sir John Lavery’s oil on canvas entitled Wilton. It made 10,250 against an estimate of 10,000-15,000. The sale of 285 lots was 69% sold and brought in a hammer price of 250,000.

    There was disappointment when the 1972 le Brocquy entitled Orange was withdrawn at 44,000, having failed to reach the low estimate of 50,000-70,000. Two limited edition colour prints entitled Human Image by le Brocquy each made 3,200.  more…

    MID-MAY MUNSTER ANTIQUES FAIR

    A garniture from the Munster Antiques Fair

    THERE is to be a large two day antiques fair in the leafy setting of the Fota Island Resort Hotel in Cork over the weekend of May 15/16.

    Dealers from around the country will be in attendance at the Munster Antique and Fine Art Fair.

    Organiser Robin O’Donnell of Hibernian Antique Fairs has been running regular fairs throughout Ireland for the past 20 years.  Latterly he has upgraded a small number of these into two day events at venues like the K Club, the Culloden Hotel in Belfast and Dromoland Castle in Co. Clare with an emphasis on luxury.

    Now it is the turn of Cork where the mid-May Fota Fair will be open from 11 a.m. to 6 p.m. on both days.  more…


    Thursday, April 22nd, 2010

    INDEPENDENCE SALE RESULTS

    The letter written by Kevin Barry on the night before his execution which made a record 105,000 at the annual Adam's Mealy's Independence sale.

    Kevin Barry’s last letter, written the night before his execution in 1920, was the top lot at the Adams/Mealy’s annual Independence sale in Dublin.

    It made 105,000, seven times its estimate. The buyer was the son of one of Mr. Barry’s friends, who was mentioned in the letter. The auction, which was 75 per cent sold, realised a hammer of 450,000 which becomes 550,000 after fees are added.

    A set of seven sculpted bronze heads of the signatories of the Proclamation by Rory Breslin made 26,000 while the cap badge reputedly worn by MIchael Collins when he was shot sold for 21,000, A letter announcing the discovery of the North West Passage made 16,000 while a file of War of Independence documents relating to the East Limerick Brigade of the Old IRA made 10,000.

    An original typescript document of the interrogation of Kevin Barry sold for 8,500, a set of husband and wife medals from the War of Independence awarded to Philip and Katherine Murphy of Enniscorthy made 8,000 and a collection of letters from 1916 Volunteer and Wakefield Prison and Frongoch internee James Mallon made 7,500.

    THE new owner of the letter has since given in on extended loan to the National Museum of Ireland and it is on view at Kildare St.

    MORGAN O’DRISCOLL SALE IN CORK

    This scorching Louis le Brocquy image entitled Orange is the top lot at the Morgan O'Driscoll sale in Cork on April 26.

    The top lot at the next Morgan O’Driscoll Irish art auction at the Radisson Hotel, Little Island, Cork on Monday, April 26 is a scorching Louis le Brocquy work entitled Orange. Painted in 1972 it bears the label Gimpel Fils Gallery on the back and is estimated at 50,000-70,000 euro. Many of the works on offer are far more affordable with estimates from about 300 euro up. The sale of 285 lots offers something for every collector at all price ranges. This is a buyer’s market and there is plenty of evidence to suggest that more and more buyers are waking up to this fact. This is a sale with much of interest from William Harrington’s charcoal and wash drawing Chatting from 1973 (600-900) to a wooden sculpture of the Virgin Mary by Markey Robinson estimated at 400-600 and a limited edition colour print by Picasso entitled Au Bain estimated at 1,500-2,000. Among the major works on offer are Going to Mass by Daniel O’Neill which is estimated at 20,000-30,000, Morning South by John Shinnors (20,000-30,000), Wilton by Sir John Lavery (10,000-15,000), Dunmanus Bay by Letitia M Hamilton (10,000-15,000), Rock Pool, Connemara by Kenneth Webb (12,000-18,000), Parkland by Basil Blackshaw (12,000-15,000) and Golden Frog by Pauline Bewick (10,000-15,000). Many lots have no reserves and Morgan O’Driscoll remarked that there is value that has not seen for the last 10 years. Viewing is from noon to 10 p.m. on Sunday April 25 and from 10 a.m. to the start of the sale at 6.30 p.m on Monday, April 26.


    ART ANT IRELAND

    Wednesday, April 21st, 2010

    Whyte’s Sale

    This Iron Age carved stone head found near Claudy in Co. Derry in the 1930’s was the top lot at the Whyte’s History Literature and Collectibles Auction which took place on April 23 . It made 26,000.  The 523 lot sale featured historical artefacts, manuscripts, printed documents, posters, pamphlets, ephemera, medals, militaria, coins, banknotes, stamps and sports programmes.

    An archive relating to the Cork Distilleries including nine bottles of samples of Irish whiskey made from the 1930’s to the 1950’s sold for 1,450. A posthumous 1916 Rising medal issued to Volunteer John Owens made 15,000 and a rare edition of the 1937 Constitution signed by all the members of Eamon de Valera’s cabinet made 6,200.

    A collection of programmes for Irish Rugby 1922-82 made 4,000 and a pair of 1966 Padraig Pearse and 1916 Rising commemorative gold medals designed by Paul Vincze for Worboys, Dublin made 5,000.

    DE VERE’S RESULTS

    THE top lot at the de Veres sales in Dublin on April 13 was Paul Henry’s Achill Head from Keel. It made 60,000 in a sale where about 70 per cent of the 181 lots found buyers.

    Tommy Orr the Blacksmith, an oil on canvas by Basil Blackshaw, made 40,000 and Ballywillan Church by Colin Middleton made 32,000.

    A five piece oil on canvas by John Shinnors, entitled English Alottment, Winter made 29,000 and Paul Henry’s Western Landscape made 26,000.

    The sale brought in over 500,000. In a comment afterwards auctioneer John de Vere White said that there are buyers out there, but they want value. Vendors must be realistic about this.

    HEGARTY’S SALE IN CORK

    Thursday, April 15th, 2010

    THIS Cork Regency mahogany side table features at the Hegarty sale on Sunday. It is estimated at 1,200-1,800

    Hegarty’s have a sale of 250 lots in the Radisson Blu Hotel at Little Island in Cork on Sunday April 18 at 4 p.m. Furniture highlights include a Victorian three door breakfront bookcase (3,000-5,000), a Victorian rosewood library table
    (1,400-1,800), a side table in the manner of Gillingtons (700-1,000),
    a George III mahogany sideboard (800-1,200), a pair of mahogany side
    chairs, a Regency rosewood foldover card table, a Victorian dining
    table, eight Victorian dining chairs, two 19th century chests of
    drawers and an Edwardian bonheur du jour.
    Collectables include 19th century French and English porcelain, wall
    clocks, a 19th century bracket clock, 20 items of Irish an English
    silver, 20 lots of jewellery and Irish art. Viewing from 2 p.m. to 8
    p.m. today on Saturday April 17 and from 11 a.m. to the start of the auction
    on April 18.

    This Edwardian bonheur-du-jour features at Hegarty's sale. It is estimated at 1,000-1,500

    WOODWARDS SALE

    Wednesday, April 14th, 2010

    THIS oil by Kenneth Webb made 7,250 at Woodwards

    This work by Gerard Dillon made 4,400 at Woodwards in April

    WOODWARDS  had a successful sale in Cork on Wednesday. The top lot was an oil by Kenneth Webb, A Bit of Craic – Claddagh, Galway, which made 7,250.

    Looking at Figures on the beach by Gerard Dillon sold for 4.400.

    This demi lune side table made 750 at Woodwards

    A rosewood and walnut games table made 2,100 and a Regency card table sold for 700.

    TRALEE AUCTION

    Tuesday, April 13th, 2010

    An oil on board by Jack B. Yeats entitled Returning Home was the top
    lot at the 500 lot sale in the Kerry Auction Rooms, Moyderwell, Tralee
    on Wednesday April 21 at 4 p.m.  It made  15,000.

    Returning Home is the title of this oil on board by Jack B. Yeats.

    Measuring  17cm x 23cm it had been  estimated at 18,000 – 20,000.

    A 19th century mahogany Wellington chest made €600, a Victorian walnut upholstered chaise longue made €410, a small oil on board by Terence Attridge Williams sold for €160 and a trio of British World War 1 medals awarded to a member of the Royal Munster Fusiliers sold for €250.