It’s the morning after the night before and the dust has yet to settle on the Concrete Contemporary auction last evening.

We were thrilled and gratified to see such a great turnout in the gallery, standing room only, and over 150 registered bidders. We also had absentee and telephone bidders participating from across the country.

The sale total was roughly double from last year’s inaugural auction and the percentage sold by lot increased as well. There are a number of aftersales still to complete and we will post all the prices realized on the website within the next week.

Major highlights of the auction included Wanda Koop’s sensational canvas, Satellite Cities (Yellow/Green with Dark City), that realized $26,400.00, a record for the artists at auction. Tim Zuck’s small charcoal Glacier and Summit/Qheneesh, which soared past it’s estimate to sell for $6000.00 and Michael Adamson’s Homage to Riopelle sell for $12,000.00. (All prices include the buyer’s premium) It was also very gratifying to see the work by Andrew Owen A01, Lilies and Bamboo Excavations II sell for $5760.00 as his work has never before been presented at auction.

We wish to thank all who attended the auction and previews as well as our consignor’s, artists, dealers and collectors who come together to help this dynamic and developing market.

I would like to share a comment sent to me this morning by a highly respected Canadian artist who had work represented in the sale last night.

‘…It's so very important for everyone involved that the market you are developing continues to grow. It benefits everyone and also keeps us on our toes, the invisible hand of the market is one of fine arts very best friends, it is the final forum that separates the wheat from the chaff. Thank you for championing all of us contemporary artists and working so hard to elevate the environment that we work in. I am inspired to work even harder in my studio, thank you again.’

The sale also garnered a lot of media. Here are some links below.

There will lots to report in the next while, so please stay well and stay tuned.

Posted: 3/1/2013 12:00:00 AM
By: Stephen Ranger