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Sydney painting sells for record
A Grahame Sydney painting has sold at auction for a record price, but less than what art experts predicted.
One of Grahame Sydney's most famous paintings, Night House II, sold for $160,000 at an auction in Wellington last night.
It is the most anyone has paid for a Sydney painting, but less than the $180,000 to $240,000 predicted by auctioneers.
The painting was owned by art collector and Coast to Coast founder Robin Judkins, who was delighted by the sale.
"I am thrilled,'' he said.
"It is the highest price ever paid for a Grahame Sydney and I am absolutely stoked.''
But two other Sydney paintings owned by Judkins failed to sell at open auction.
"We will have to see how we go with the other two as buyers are in negotiations for those now," said Judkins.
The Dunbar Sloane auction also included artworks by Bill Hammond that he gifted to the Lava Bar in Lyttelton nearly 20 years ago.
A piece called Lava Flag, which was expected to sell for about $250,000, did not sell at open auction, but buyers are in private negotiations for the piece.
Two smaller artworks by Hammond sold for a total of $36,000, while three prints by the artist sold for a total of $7,000.
- © Fairfax NZ News