Classic Canadian artwork Disappearing Quebec reappears at Heffel
A wide variety of Canadian paintings are going up for sale later this month with investment opportunities
At the end of last year, we noted the exceptional sales figures of Canadian art auction house Heffel's might suggest that Canadian art might be an underrated investment market, especially for those unable to chase the multi-million dollar values at the top of other booming market.
The $1m mark was surpassed five times by Heffel, making it the only Canadian auction house to have sold a work of art for more than $1m for the second year in a row.
Heffel's spring 2010 live sale achieved a $22.2m total, the second highest grossing art auction in Canadian history, superceded only marginally by its own $23m sale in May 2007.
Now an opportunity has come up for collectors and investors to try their hand. Heffel's will be holding their Canadian Post War & Contemporary Art and Fine Canadian Art auction in two weeks' time.
A wide variety of artists' works are on offer, everyone from Kaka Ashoona to Mildred Valley Thornton.
Two of the highlights include: Paul Alexander Goranson's oil on canvas work Gung Hay Fat Choy, an immensely colourful and impressive work done when the artist was in his eighties, just a few years before his death in 2002. It is expected to sell for $5,000-6,000, but is very likely to increase in value.
The top lot is expected to be Rue O'Connell Angle St-Simon, in Disappearing Quebec, another oil on canvas by John Geoffrey Caruthers Little which is listed at $8,000-10,000. The auction takes place exclusively online on February 24.
- Click here to view our art & photography stock items for sale
- Learn how you can get pleasure and profit from the Canadian art markets
- Read all the latest Art & Photography news
Recent and related articles...
· Bonhams' art sale includes the 'master of the romantic highland landscape' | 19 December 2010
Alfred de Breanski's depictions of the Welsh countryside could sell for thousands, next month
It was bought in a Devon auction house, but ended up on the other side of the Atlantic
· Canada's most celebrated painters raise $3.1m at Joyner's fine art sale | 23 November 2010
The first of three Canadian art auctions this week brought impressive total sales in Toronto
· Terrick John Williams painting sets £144,000 World Record | 23 April 2010
Sold for more than six times the artist's previous highest value, the artwork auctioned at Bonhams
· $30,000 Goodridge Roberts art leads Canadian auction | 14 April 2010
The renowned artist will feature alongside Lise Gervais and other leading lights in a Vancouver sale