I was too depressed today to be anything other than fatalistic about tonight's auction at Menzies Art Brands. I had no plans to attend – I never do. Instead, I stayed at home, in bed, and wrapped myself in a goose down duvet and a miasma of self-negating depression. The phone call from a contact at the auction house was brief. Bids had started at $A7,000 and quickly broken through the lower end of the pre-sale estimate of $A10,000 to $A15,000, to exceed the seller's reserve. The hammer fell at $A13,000 but once the so-called 'buyer's premium' of 22 per cent (plus 10 per cent sales tax) is added , the price paid will exceed the top end of the estimate by several hundred dollars. I allowed myself to relax and take a long, deep breath. The work had ripped throught its estimate – an excellent result in the current market, especially when one considers that it represents an almost fifteen-fold return on the $A900 invested by whoever bought it at my first, self-produced exhibition, twelve years ago, in Brisbane. I hope it ends up in a good home, somewhere it will be seen and enjoyed every day: that's worth a lot more to me – and real art lovers – than money.