Tom Thomson oil sketch fetches $973,500 at auction

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.”

Read the rest of the article



About Art Collecting and Investment

Providing news about art collectors, collections and investments. Including the how to's, the why's and the where's of art collecting. Wanda Pepin, Christina Madden and Elaine Frenett are all professional artists who keep up on the world of art, while creating amazing works of art themselves.
This entry was posted in Art. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s