Last night Concrete Contemporary Auctions and Projects held their second annual auction of Contemporary Canadian art in Toronto in what proved to be a relatively upbeat evening. Created in 2012 as a division of Waddington’s and spearheaded by Stephen Ranger, Concrete is the first commercial auction with entirely Contemporary Canadian art and is an important step for the local art market. The crowd of...
We've reached the end of yet another auction season and there were a few surprises to say the least. As usual, Heffel's auction was the biggest success this time around with total sales of $11,502,270.00, including the 17% buyer's premium. This is right at the high end of their pre-sale estimate. But, what was interesting was the sheer strength of the historical canadian art versus the post-war. The post-war sale totalled...
Understanding auction season
The arts sections in Canadian papers get filled up twice a year with live auction build-up in the weeks leading up to the auctions and subsequent coverage after the fact. ‘Consignor, ‘buyers premium,’ and ‘at the hammer’ are the phrases you will read over and over again in the descriptions of the sale, but auctions can be confusing and a little overwhelming if you’re unfamiliar with the art market.
Below is some basic etiquette,...
Last night, members and visitors to the Art Gallery of Ontario flooded into the auditorium for the sold out talk on Picasso and the Art Market, presented in partnership with Sotheby's Canada. Molly Ott Ambler, Director of Day Sales, and Elizabeth Gorayeb, Vice President, flew up from Sotheby's, New York, to share with us Canadians a bit about the history of Picasso in the art market, how his prices were realized, why he...
tom thomson, untitled, oil on plywood, 8 1/8" x 10 7/8", c. 1915
Tonight at maynards auction house in Vancouver, a tom thomson will go up for auction. with an estimate between $150,000 and $250,000, Kate bellringer, the director of contemporary and canadian art at maynards, suspects it will go for much more.
an unknown consigner brought in the sketch he claims to have found at a garage sale, along with another painting by frederick horsman varley.
bellringer, states that experts (who...
It's a big day in the Canadian art world. Twice a year, everyone in the business pauses to see what will happen at the three big art auctions in Toronto. Collectors want to make sure they aren't overpaying for paintings from a dealer, and dealers want to ensure they aren't undercharging a client. For better or worse, it works both ways. Prices that were offered...
This past weekend i attended splash, the annual gala thrown by arts umbrella to support their multi-disciplinary arts school. with one well known location on granville island in Vancouver, and two more being established in surrey this year, their fundraising effort was in full swing.
the event took place at performance works on Granville island. The venue was gorgeous, and filled with lively party-goers, live performances, and plenty of art.
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"i'm a young professional with both the money and desire to start and art collection in my home. i don't have time to go to all the galleries and wouldn't know where to start. last year, i went to the art for life auction and purchased my first piece - a painting by fiona ackerman. i plan on using theartmarket.ca to find other cool abstract paintings within my budget to furnish my new apartment! thanks kate & merete for creating theartmarket.ca."
- Dan Jover, art lover
