Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Aussie Divorce Drives A$12m Sale

June 29, 2010 by Marion Maneker

The Sydney Morning Herald describes the sale of Warren and Cheryl Anderson’s house contents which was a rousing success attributed to the enthusiasm of a Perth tycoon:

It was the swashbuckling Perth tycoon Kerry Stokes who underpinned the often-enthusiastic prices achieved at the weekend’s most high-profile auction:[…] The Regency antiques, Old Master paintings, French Empire clocks and many other whimsical pieces had once filled the rooms of the couple’s many homes, including the Elizabeth Bay harbourfront mansion Boomerang, Tipperary in the Northern Territory and Grantchester at Peppermint Grove in Perth.

All but one of the 1300 items on offer – under court orders – sold, mostly without reserve. The sale, following the collapse of the couple’s 42-year marriage, brought in $12 million, including the 20 per cent buyers’ premium imposed by the auctioneer Bonhams.

Tycoon’s Eclectic Treasures Fetch $12m (SMH)

More from Art Market Monitor

  • How Does a Work Get Off the Wall?How Does a Work Get Off the Wall?
  • Menzies Looks to Buy in New York to Sell in AustraliaMenzies Looks to Buy in New York to Sell in Australia
  • Sotheby’s Australia Comes Up Short with 42% Sell-ThroughSotheby’s Australia Comes Up Short with 42% Sell-Through
  • Australian Retirement Rules Soften Aboriginal Art MarketAustralian Retirement Rules Soften Aboriginal Art Market
  • I Have Seen the Future & It Is AustraliaI Have Seen the Future & It Is Australia
  • Australian Art Dealer’s Stock Sees Record SalesAustralian Art Dealer’s Stock Sees Record Sales

Filed Under: General Tagged With: Australia

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor