'Lost' McCahon painting sells
A "lost" art work by well-known painter Colin McCahon has fetched $145,000 at an auction.
It was one of two of McCahon’s works to sell under the hammer at the Art + Object auction house in Auckland tonight.
A second McCahon work, Clouds No 7, sold for $260,000.
Art + Object auction house director Ben Plumbly said history appeals to art collectors.
“When you have got a story around the painting, it adds value.”
In 1953 McCahon moved north to Auckland and bought a house at Titirangi's French Bay.
McCahon painted the "lost" Black White Landscape during his final months of summer in the bush cottage.
The piece, valued at $100,000-$140,000, had been held in a private Hawkes Bay collection since the 1980s.
The enamel and hardboard landscape was not recorded in the official McCahon database.
McCahon, who died in 1987, is famous for his use of text, religious exploration and deep love of the land.
About 200 people turned out for the auction, which saw 70 of the 94 pieces sell for a total value of $1.7million.
Plumbly said the market for high quality artwork is on the rise.
“The works of the best artists are selling better than before.”
A painting by Bill Hammond, titled Boulder Bay, also sold for $140,000.