Auction to test mettle of new generation of Canadian art lovers
Last Updated: Friday, November 17, 2006 | 1:20 PM ET
CBC Arts
Paintings by some of Canada's most celebrated artists come to auction in Toronto on Monday, following fall art auctions in New York and London that set record prices.
But there are few bets on whether Canadian art prices will continue to climb, as for the first time in years, Ken Thomson is not here to influence sales.
The media magnate and art lover set new highs for the works of Lawren Harris, Paul Kane and Cornelius Kreighoff in past auction seasons.
But after Thomson's death this spring, will there be anyone else to champion Canadian art?
David Silcox, president of Sotheby's Canada, says he thinks a new generation of Canadian art lovers is already emerging.
"There was always an underbidder for everything Ken Thomson bought," he said in an interview with CBC Radio.
There may not be one major buyer dominating the art market, but a collection of art patrons is turning up at auctions and is drawn to Canadian art, Silcox said.
The Nov. 20 auction of Canadian art from Sotheby's and Ritchies auction houses features a large collection of works by Alex Colville, including 16 prints.
At Grand Pré, one of the Newfoundland artist's large paintings, could sell for $150,000 to $200,000.
Also up for auction are A.Y. Jackson's Autumn, Lake Superior and Harris's Lake Superior Sketch XCIX, two paintings done on the same day of the same subject by the two different members of the Group of Seven.
There is also a watercolour, Renton's Farm, by David Milne, and five works by Kreighoff, as well as a selection from more contemporary artists among the 193 lots on offer.
The sale, to be held in Toronto, could bring in $4 to $5 million, auctioneers estimate.
Postwar artists draw increased interest
The Group of Seven, Carr and Milne are the backbone of the Canadian market right now, but Silcox predicts this will soon change.
Postwar artists are already commanding high prices in New York, with records set earlier this week for works by Andy Warhol and Willem de Kooning.
Canada's postwar artists could soon be getting the same kind of attention, he said.
Monday's auction features works by postwar artists such as Lise Gervais, Jack Bush, Jean-Paul Riopelle and Ken Danby.
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