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Ned Kelly Only Bright Spot in Sotheby's Australia Open

April 21, 2010 by Marion Maneker

Making its debut as Sotheby’s Australia, the inaugural sale of Australian art featured another Sydney Nolan painting of Ned Kelly. This one didn’t make the A$5.4m that First-Class Marksman made last month but still it was a good showing in a weak sale:

At Sotheby’s Australia’s first auction for the year, the small Nolan Kelly fetched $520,000, amounting to a total of $624,000 including the 20 per per cent buyer’s premium.[…]

The night’s cover lot, Arthur Streeton’s Coogee Bay 1907 fetched $625,000 – that is, $750,000 including buyer’s premium. […]

A significant number of paintings sold for their reserve, prompting Sotheby’s new owner, Tim Goodman, to repeatedly congratulate buyers on their good-value purchases.

Ned Kelly is Right Up Sotheby’s Arthur Streeton (The Australian)

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Filed Under: Auction Results Tagged With: Australian

About Marion Maneker

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