Saturday, November 29, 2008

Aviatrix Flies To London

Despite the bone-jarring impact of global economic woes on the art market, I'm excited that one my most recent paintings, Dangerous Career Babe: The Aviatrix, is to be included in the prestigious sale of Modern And Contemporary Australian Art And South African Art in London, at famed auction house, Christie's, less than a week after one of my earliest paintings, Drowning Ophelia, is auctioned at Deutscher-Menzies in Sydney.
Christie's pre-sale estimate for The Aviatrix is between $A32,000 and $A37,500.
The large (160cm by 209.5cm), high gloss enamel on custom-made board work can viewed at Christie's main London sales room, which has been its headquarters since 1823, at 8 King Street, St. James, on 12th December (9am - 4;30pm), 14th December (2pm - 5pm), and 15th December (9am - 4:30pm). The sale itself will take place on 16th December at 10.30a.m.
Last year, at this same sale in London, two of my much smaller and much earlier enamel paintings, each 100cm by 150cm, sold for over $A23,000 each. This was a remarkable price given that it was the first time my work had ever been seen in Europe. However, the last six months have seen a precipitous downturn in the prices paid at contemporary art auctions, with many multi-million-dollar masterpieces being passed in having failed to reach their reserves or in some cases, without attracting a single bid.
Damien Hirst's spectacular disposal of his inventory at Sotheby's, in September this year, was probably the last gasp of big-money's breathless enthusiasm for contemporary art for a while – since then, even Hirst has been laying off staff at his London studios and hunkering down for a long, lean year.
I'm just going to hold my breath and hope for the best.

5 comments:

Anonymous said...

I assume the Aviatrix is being sold on your own behalf. Good luck Hazel. I hope she finds a loving new home and you are delightfully well recompensed for your creation

Janet said...

Umm, read the Christie's link. The seller doesn't appear to be Hazel.

Anonymous said...

Thanks for that info Janet. In fact at auction we are dealing with the secondary art market. I guess artists are not allowed to sell through such means but only via galleries or direct from themselves, this being the primary art market. Are there rules and regulations governing this?

Anonymous said...

Huh? Hirst by-passed the galleries completely and used Sothebys to sell $125 million worth of art! Artists just need to get bolder and more marketing savvy!

Hazel Dooney said...

For the record, I am NOT the one selling this work at Christie's. If I was, I would probably be greedier about the estimate :-) LOL However, thanks for the good wishes!