James Adams. Globe and Mail Update. Nov. 24, 2009.
Sale of Winter Morning a highlight as fall art auction season kicks off in Toronto
Things appear to be looking up for the Canadian art auction world if Tuesday night’s sale by Joyner Waddington’s Auctioneers and Appraisers is any indication.
Admittedly, the Joyner sale, which saw about 198 lots (out of 269) sell for about $4.6-million (including the 18 per cent buyer’s premium), was hardly a mind-blower relative to some of the results that Canadian auction houses realized as little as two years ago. But the bidding was occasionally spirited, the winning bids robust and quite a few works exceeded their pre-sale estimates. While the resale market, with some exceptions, underwent a softening last fall, Joyner vice-president Rob Cowldy said: “After what happened tonight, I’m very optimistic going forward.”