Taking a Look at Auctions Around the World

The appeal of art is universal, but the marketplace is& Hackett. Frontrunners Deutscher and Hackett
as diverse as painting styles. Auction houses aroundhad sales last year that topped $26 million and ran a
the world enjoy varying levels of success, with some$7-million auction recently, selling Brett Whiteley's "View
promising new businesses located in Canada, EnglandFrom the Sitting Room Window, Lavender Bay" for
and Australia. Some of the neatest home$1.5 million and Russell Drysdale's "Red Landscape" for
décor evolves from the wealthy, worldjust over $1 million.
traveler's eye for detail, while jet-setting from countryArt consultant Ian Rogers told Australia's Fairfax Digital
to country. They pick up their treasures on vacation/ The New Age, "I don't think [the market] is expanding
and cherish that special memento for life, all the whilequickly enough to accommodate all of the players."
impressing guests with their art investment.What can collectors expect from one of Deutscher
Started circa 1995 in Vancouver on the West Coast& Hackett's massive fine art auctions?
of Canada - far from the wealthy art enthusiast baseThey have Tom Roberts, John Brack, Ian Fairweather,
in Toronto -- Heffel House was taking an obviousArthur Boyds, Whiteley, Gascoigne and Dale Hickey, to
gamble. The Canadian market is not reported to bename a few. Also look out for a wider selection of
particularly busy, but Heffel House aimed to find theinternational art. "I am very excited about taking the
best and rarest Canadian art (like Emily Carr's Eagleopportunity of being so close to Asia," says Deutscher
Totem priced at $250,000 and a Haida totem polehimself.
carved by a Bill Reid). They also took a smart"Christie's dedication to the growth of the Middle East
business detour, by putting their entire collection upart and collecting market is tangible as we deliver the
online in full color for all to see.broadcast selection of rare and museum-quality
Quickly, their business skyrocketed with Vancouverpieces, as well as international sale highlights for
locals, Pennsylvanians and even Torontonians comingexhibition," says Jussi Pylkannen, the President of
in to snag the "undervalued" original art for sale. OwnerChristie's Middle East & Europe auction houses, at
Robert Heffel told the National Post, "Our goal was, inhis Halloween art sale.
the first five years, to have a $1-million auction, and inThis year art collectors can find work by coveted
our first auction, we sold over $1-million just like that. IIranian artist Charles Hossein Zenderoudi, the "Qur'anic
don't think people realize the power of the internet forPolyptych of Nine Panels" painted by Ahmed
this industry."Moustafa, or Farhad Moshiri's "One World - Yek Fonia"
Heffel is the only Canadian house that puts their entiremap laden with Swarovski diamond-shaped crystals
catalogue of Canadian and international art on theiron canvas. London itself is home to many affluent
website. They hold monthly fine art auctions online andpeople from the Middle East, so the arts resources
find that clients are eager to purchase pieces, while theseems like a natural progression for the region.
prices are still relatively low. Whether buyers areWhile the markets may be disparate, they each have
looking for figures, watercolor art, oil paintings ofsomething unique to offer. The international giants like
animals or landscapes, Emily Carr or John GeofferyChristie's can be enticing, but often expensive,
Caruthers, Heffel house continues to grow at awhereas the smaller niches in Canada remain the art
surprising rate.collectors' best kept secret.
Australia has a capricious art marketplace, with auctionIn an undervalued market, many can find amazing Inuit
houses frequently splintering off into smaller operations.pieces and can buy original art for low prices. Australia
The competition of elbow bumping art auctioneersauction houses have been trying to include more
includes: Bonham & Goodman, MossGreen, JoelAboriginal art for the history lovers.
Fine Art, Deutscher-Menzies, Sotheby's and Deutscher