RRESULTS OF SALE | COOEE ART MARKETPLACE AUCTION | DECEMBER 3 2019

by: Adrain Newstead   published: 11th December 2019

We are delighted to announce the results of our dynamic multi-vendor auction held in our Paddington premises on Tuesday the 3rd of December. The auction featured 99 lots from collections in Australia, the United Kingdom and the United States valued at between $1.0 million and $1.3 million. 

The cover lot was a major work by Emily Kame Kngwarreye. This exceptional painting created with radiant fields of yellow and pink dots clustering and tracing across the surface was produced at Delmore Downs between November 1991 and February 1992. Alive and numinous, the painting reflects a heightened sense of spiritual awakening, Kame-Summer Awelye, 1992 measuring 121 x 208 cm (Lot 25) sold for $225,700 incl BP to an undisclosed Australian. The underbidder was in the U.S.A.

No less than 13% of the lots sold above their high estimate including another work by Kngwarreye, Arlatyeye (Wildflower Dreaming), 1996 (Lot 73 ) which was hammered at $48,000 ($58,560 incl BP) against an estimate of $25,000-35,000. This brooding, fiery, late period canvas was bought by a French client with homes in Paris and California. 

Western Desert painting founder Clifford Possum Tjapaltjarri, was represented by five works across a range of periods and styles. An early serpent carving Untitled (Lot 71 ), created in 1975, 5 years prior to his taking up the brush, was chased to $14,000 ($17,080 incl GST with an est. $6,000-8,000), while a classic period piece from 1989/1990, (Lot 72 ) Untitled (Ceremony at Mount Allan), begun in the Todd River bed, Alice Springs, and completed in London during his exhibition to coincide with a royal audience with Queen Elizabeth II, sold for $79,300 incl BP (est. $70,000-90,000). 

Most notable amongst the 12 carefully selected bark paintings peppered throughout this offering were a very rare Wandjina painting by the acknowledged master, Alec Mingelmanganu (Lot 15). Works on bark by this artist are rare, with only five having ever appeared at public sale. This particular example had been in the same family since it was originally purchased at the YMCA shop in Derby in 1975. It was thought to be one of his earliest known works and was modestly estimated at $60,000 – 80,000. The successful bidder was Australian and the hammer fell at the high estimate of $80,000 ($97,600 inc BP). He left the sale room immediately thereafter having beaten a major Australian collecting institution for this prize work. The exquisite bark depicting Macassan traders by Mungurrawuy Yunupingu, the instigator of the 1963 bark petition to Federal parliament in respect of Yolngu rights over the encroaching mining on their land (Lot 12), carried a presale estimate of $9,000-12,000 and sold for the mid estimate ($12,200 incl BP).

Overall the sale had a very healthy clearance of 79% by lot, and 88% by value.  

VALUE:

Sale Presale:

$1,029, 000   Lower estimate 

$1,358, 700   Upper estimate 

 

Sale Result:

$   900,150     Hammer total

$1,098,183     Including Buyer’s Premium

88% by value

 

VOLUME:

99 works offered 

 

Sale Result:

78 works sold 

79% by Volume

 

Other Interesting Statistics:

 

Over 100 registered telephone bids.

68 in room bidders. 

 

Lot 7 - Bill Tjapaltjarri Whiskey, Rockholes and Country, near the Olgas, 2006, $7,500 (est. $5-7K)

Lot 10 - Eubena Nampitjin, Ladingburra Soak in the Great Sandy Desert, 1995, $8,000 (est. 3-5K)

Lot 17 - Mick Namarari Tjapaltjarri, Dingo Dreaming at Marnpi Rockhole, 1992, $6,000 (est. $2-4K)

Lot 39 - Charlie Rrukula, Bird Carving - Brolga, c. 1985, $2,500 (est. $1.8-2.4K)

Lot 40 - Charlie Tjapangarti, Pirrinya, 2004, $11,000 (est. $6-8K)

Lot 59 - Judy Napangardi Watson, Mina Mina Jukurrpa, 2005, $14,000 (est. 9-12K)

Lot 70 - Rover Joolama Thomas, Great Sandy Desert - Canning Stock Route, 1996, $28,000 (est. $20-25K)

Lot 93 - Sam Tjampitjin, Country - Great Sandy Desert, 1999, $7,000 (est. $3-4K)

Lot 92 - Charlie Brinkin , Men’s Ceremony, c.1950, $4,880 (est. $1.5K-2.5K)

Lot 94 - Maggie Watson Napangardi, Mina Mina Dreaming, 1999, $5,000 (est. $2.5-3.5K)

Lot 99 - Clifton Mack, Millstream Waterholes, 2011, $1,600 (est. $800-1.2K)

 

Buyers by Region

39 artworks sold to Australia buyers

6 artworks sold to New Zealand buyers

6 artworks sold to US buyers

6 artworks sold to UK buyers

11 artworks sold to French buyers 

9 artworks sold to Swiss buyers

 

Total – 39 overseas to 39 Australian 

Method of Purchase

Winning Absentee bids 8

Winning Phone Bids 29

Winning Internet Bids 19

Winning Room Bids 15

Post sales 8