TORONTO, Nov. 24, 2015 (GLOBE NEWSWIRE) -- Waddington's Auction of Canadian Fine Art on November 23 set records, saw estimates double, triple and quadruple, and realized enormous returns for paintings that had been off the market for decades, when they were reintroduced to collectors for their competition last night.
Rarity, Quality, and Fresh-to-Market were the watchwords of the evening and those lots which possessed those highly sought after qualities garnered the highest hammer prices. Linda Rodeck, Vice President Fine Art, Waddington's enthused: "Our November auction of Important Canadian Art represented the extreme ends of the timeline for Canadian art with exceptional examples from the early topographical work of F.A.Verner (1874) and portraiture of George Théodore Berthon (1845), to modern and contemporary works by Dallaire (ca. 1960) and Dorland (2007)."
Rodeck adds that new records were established at those extreme ends: $94,400 (nearly five times estimate) for one of the earliest Frederick Arthur Verner Indian encampment scenes ever to come to market (based on a sketch in the collection of the National Gallery of Canada); and the dynamic oil, acrylic and spray paint on canvas by Kim Dorland, who was born in 1974, which exceeded Waddington's previously held auction record for this hot young artist. Another record breaker was the exquisite Portrait of a Young Lady, 1845, by portrait painter to the upper echelons of 19th century Canada, George Théodore Berthon, which sold for $59,000.
Waddington's cover lots were also the darlings of the previewing and bidding crowd. William Kurelek's diminutive Skating Party (7.5 inches x 11.75 inches) dramatically outperformed its pre-sale expectation ($25,000-30,000) selling for triple its estimate at $82,600. Jean-Philippe Dallaire's Still Life wowed collectors in preview and left them breathless when it quadrupled the pre-sale expectation of $20,00-30,000 selling for $88,500.
Frederick Arthur Verner
Ojibway Camp at Northwest Angle, Lake of The Woods
George Théodore Berthon
Portrait of a Young Lady
Swimming in the Lake
Waddington's will offer an online auction of Canadian Fine Art in March 2016, and its Spring 2016 Canadian Fine Art Auction in May 2016. For more information visit waddingtons.ca
Waddington's is Canada's largest and most diversified provider of auction services, offering live and online auctions of fine art and luxury goods including Asian, Canadian, Contemporary, Inuit, and International Art, as well as Decorative Arts, Jewellery, and our latest addition, Fine Wine and Spirits. Waddington's international network of clients and contacts ensures our auctions and services reach the broadest possible audiences.
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CONTACT:Tess McLean, Communications Specialist 416-504-9100 firstname.lastname@example.org Waddington's Auctioneers 275 King Street East Toronto, Canada, M5A 1K2 (416) 504-9100 www.waddingtons.ca