In The News



Specialists Speak: 2017 Trends & Predictions in Collecting


Waddington's experts Holly Mazar-Fox and Linda Rodeck were asked to share their views on 2017 trends. As they look into their crystal balls, read on to hear their thoughts and predictions for next year's art market:


“A few years back, you might have heard collectors, dealers, and auctioneers lamenting the fact that the supply of great art was drying up. The talk was that there was increasingly less fresh blue chip work available to sell and auctions would eventually devolve into re-offering or ‘churning’ bought-ins and other stale stock. Clearly that prediction was erroneous.”

“In Canada, the fall 2016 auction season saw over $50 million change hands in a three-day period. This was unprecedented. And we know that great prices realized at auction serve as honey to the bee, drawing out long hidden treasures ripe for consignment. Across the board, at all prices levels: quality always rules.”

“We’re also witnessing an increasing openness to subjects, periods, and media that may have been overlooked in the past. There is a greater appetite for the atypical or off-trend, provided these items possess a high calibre of artistic competence. This openness makes us feel buoyant about the next quarter."

"Our clients are increasingly catholic in their taste, exhibiting a high degree of self-determination when it comes to collecting and acquiring across multiple categories. They have both a willingness and capacity to spend and they respond to the bounty of property we bring to them with an enthusiasm and exhilaration we haven't seen in some time. We’re obsessed about how to improve the auction experience and know that leveraging technology is key – our prediction is that this pull towards innovation will continue to strengthen in 2017!”

www.invaluable.com

Posted: 12/14/2016 9:00:00 AM



Waddington's Art of Canada Auction Results


TORONTO, May 31, 2016 (GLOBE NEWSWIRE) -- Profiling the best of Canadian art from coast to coast to coast, Waddington's inaugural Art of Canada auction presented a unique combination of works created by our country's artistic masters. The May 30, 2016 auction included works by Inuit and First Nations artists as well as Canadian historical, modern and contemporary artists.

Linda Rodeck, Vice President Fine Art, Waddington's noted, "We know that the best collectors in this country have always been receptive to an inclusive view of our cultural and artistic heritage. Their enthusiastic response to this auction cements our commitment to breaking down the artificial categories within Canadian Art."

Appreciation for all genres of Canadian art was reflected in excellent prices for Canadian historical works by Frederick Arthur Verner; works by the Group of Seven's Lawren Harris, Frank Hans Johnston, J.E.H. MacDonald and their associates Emily Carr, Frederick Banting; and contemporary works by Ulysse Comtois, Jean Albert McEwen, and Takao Tanabe. Exceptional results were also achieved by works by Inuit artists Kiawak Ashoona, Josephie Pootoogook, and Joe Talirunili.

Highlights of the auction include:

Frank Hans Johnston, Waterfall, Algoma – oil on panel, $204,000
Lawren Harris, Algoma Sketch – oil on panel, $180,000
Jean Albert McEwen, Blason du Chevalier Rouge – oil on canvas, $85,000
Ulysse Comtois, Matière – Lumière - oil on canvas, $62,400
Joe Talirunili, Migration – stone sculpture, $55,200
Kiawak Ashoona, Bird Spirit – stone sculpture, $26,400
Joe Talirunili, Archer – stone sculpture, $24,000
Emily Carr, Beaver Pot – painted ceramic, $20,400

Christa Ouimet, Senior Specialist Inuit Art, observed that clients who travelled from the U.S. and the U.K. specifically for the Inuit art were also delighted to be introduced to "Canadian art" during the public previews. Rodeck concurred that the Art of Canada concept was less of a juxtaposition, and more of a complementary alignment, for many of her traditional Canadian Fine Art collectors.

Waddington's conducted its first auction of Canadian Art in 1967 and first auction of Inuit Art in 1978. Prices are quoted in CDN and include buyer's premium.

Highlight details

Frank Hans Johnston, O.S.A., A.R.C.A.
WATERFALL, ALGOMA, 1920
Pre-sale estimate $100,000–150,000
Price realised $204,000

Lawren Stewart Harris
ALGOMA SKETCH, 1919
Pre-sale estimate $150,000–175,000
Price realised $180,000

Jean Albert McEwen, R.C.A.
BLASON DU CHEVALIER ROUGE
Pre-sale estimate $70,000–90,000
Price realised $85,000

Ulysse Comtois
MATIÈRE - LUMIÈRE
Pre-sale estimate $6,000–8,000
Price realised $62,400

James Edward Hervey MacDonald, O.S.A., R.C.A.
FREIGHT YARD, TORONTO
Pre-sale estimate $15,000–20,000
Price realised $50,400

William Kurelek, R.C.A.
TROMPE L'OEIL WITH DOLLAR BILL, 1958
Pre-sale estimate $5,000–7,000
Price realised $22,800

William Kurelek, R.C.A
A GROUP OF NINE DRAWINGS, 1969:
Milking in Fly Season (Milking Cow in Fly-Season), Cooling Milk, Making Chop, Castrating Pigs, Feeding Hay Cattle in Winter (Feeding Hay from the Loft), Making Butter (Making Butter in Sealers), Shovelling Grain at Threshing Time (Shovelling in the Granary during Threshing), Formaldehyding Grain, Chopping Mangles
Pre-sale estimate $60,000–80,000
Price realised $84,000

Frederick Arthur Verner, O.S.A., A.R.C.A.
BISON FORAGING IN WINTER
Pre-sale estimate $20,000–30,000
Price realised $50,400

Pauta Saila
DANCING POLAR BEAR
Pre-sale estimate $40,000–60,000
Price realised $60,000

Joe Talirunili
MIGRATION
Pre-sale estimate $15,000–20,000
Price realised $55,200

Frederick Grant Banting
FORT RESOLUTION
Pre-sale estimate $12,000–15,000
Price realised $38,400

Kiawak Ashoona, O.C., R.C.A.
BIRD SPIRIT
Pre-sale estimate $10,000–15,000
Price realised $26,400

Josephie Pootoogook
JOYFULLY I SEE TEN CARIBOU
Pre-sale estimate $6,000–9,000
Price realised $15,600

Tudlik
DIVISION OF MEAT
Pre-sale estimate $6,000–9,000
Price realised $15,600

Johnny Inukpuk, R.C.A.
A WOMAN LIFTING HER YOUNG CHILD
Pre-sale estimate $10,000-15,000
Price realised $18,000

Joe Talirunili
ARCHER
Pre-sale estimate $4,000–6,000
Price realised $24,000

Alfred Joseph Casson, O.S.A., P.R.C.A.
COMBERMERE, 1968
Pre-sale estimate $20,000–30,000
Price realised $33,600

Marion Long, O.S.A., R.C.A.
IN THE WARD
Pre-sale estimate $3,000–5,000
Price realised $18,000

Takao Tanabe
THE LAND /16
Pre-sale estimate $15,000–18,000
Price realised $31,200

Takao Tanabe
BANFF, THE LAND:17-73
Pre-sale estimate $9,000–12,000
Price realised $24,000

About Waddington's
Waddington's, a Canadian auction and appraisal company, has been in business since 1850, serving Canadian and international clients in a diverse offering of specialty areas including Asian, Canadian, Contemporary, First Nations, Inuit and International Art, as well as Decorative Arts, Fine Jewellery and Fine Wine & Spirits.

Waddington's Spring Auction Season continues June 13, 2016 with Asian Art. Visit www.waddingtons.ca for the full auction schedule.

Waddington's Auctioneers
275 King Street East
Toronto, Canada, M5A 1K2
www.waddingtons.ca

www.globenewswire.com

Posted: 6/2/2016 9:00:00 AM



Waddington's Sets Records at Canadian Fine Art Auction


TORONTO, Nov. 24, 2015 (GLOBE NEWSWIRE) -- Waddington's Auction of Canadian Fine Art on November 23 set records, saw estimates double, triple and quadruple, and realized enormous returns for paintings that had been off the market for decades, when they were reintroduced to collectors for their competition last night.

Rarity, Quality, and Fresh-to-Market were the watchwords of the evening and those lots which possessed those highly sought after qualities garnered the highest hammer prices. Linda Rodeck, Vice President Fine Art, Waddington's enthused: "Our November auction of Important Canadian Art represented the extreme ends of the timeline for Canadian art with exceptional examples from the early topographical work of F.A.Verner (1874) and portraiture of George Théodore Berthon (1845), to modern and contemporary works by Dallaire (ca. 1960) and Dorland (2007)."

Rodeck adds that new records were established at those extreme ends: $94,400 (nearly five times estimate) for one of the earliest Frederick Arthur Verner Indian encampment scenes ever to come to market (based on a sketch in the collection of the National Gallery of Canada); and the dynamic oil, acrylic and spray paint on canvas by Kim Dorland, who was born in 1974, which exceeded Waddington's previously held auction record for this hot young artist. Another record breaker was the exquisite Portrait of a Young Lady, 1845, by portrait painter to the upper echelons of 19th century Canada, George Théodore Berthon, which sold for $59,000.

Waddington's cover lots were also the darlings of the previewing and bidding crowd. William Kurelek's diminutive Skating Party (7.5 inches x 11.75 inches) dramatically outperformed its pre-sale expectation ($25,000-30,000) selling for triple its estimate at $82,600. Jean-Philippe Dallaire's Still Life wowed collectors in preview and left them breathless when it quadrupled the pre-sale expectation of $20,00-30,000 selling for $88,500.

Records

Frederick Arthur Verner
Ojibway Camp at Northwest Angle, Lake of The Woods
$94,400

George Théodore Berthon
Portrait of a Young Lady
$59,000

Kim Dorland
Swimming in the Lake
$25,960

Florence Carlyle
The Story
$28,320

Waddington's will offer an online auction of Canadian Fine Art in March 2016, and its Spring 2016 Canadian Fine Art Auction in May 2016. For more information visit waddingtons.ca


www.globenewswire.com/

Posted: 11/24/2015 12:00:00 AM



Spring sales reasonable despite struggling economy


Auctions at Waddington's Canadian Fine Art in Toronto were interesting, even viewed online from my home. A piece from a New York collection by Lionel Lemoine Fitzgerald, Grain Silos, Saskatchewan, sold well at over $20,060. One of William Kurelek's best self-portraits, His Old Man's Pipe, sold for $64,900. A lively 1946 abstract by Stanely Cosgrove, an artist who is often overlooked, sold easily for $42,480. My favourite abstracts were a 1976 painting by Yves Gaucher that sold for $47,200 and Voyage, by Toronto painter John Meredith, which sold well for $42,480. Both painting carried estimates of $20,000 to $30,000. It's always good to see contemporary art find a better price point and a home in a good collection.

One of the best stories was a small work on paper by Jack Bush. It was owned by the original collector via the former Park Gallery in Toronto, and found a new home at $21,240. This 1958 gem likely benefited from the artist's recent retrospective at the National Gallery of Canada. Finally, Alex Colville's Sunrise, a 1970 serigraph from an edition of 70, made good value at $30,680. In my view, it's high time people recognized that his serigraphs are amongst his best work. Over all, it was a good sale with mixed results.

Doug Maclean
Galleries West, Fall/Winter 2015

Galleries West

Posted: 9/22/2015 9:00:00 AM



Select Artwork Prices Double at Canada’s Fall Auctions


Selected artwork prices doubled—and sometimes more—this week at Canada’s fall art auctions.

Among the highlights was Sketch for Tracks and Traffic, a small 1912 oil-on-board sketch by Group of Seven member J.E.H. MacDonald, which went for $200,600 (including buyer’s premium) at the Waddington’s auction on November 22—amounting to some four times the pre-sale estimate of $40,000 to $50,000. A sketch for a larger painting that is owned by the Art Gallery of Ontario, it depicts an early 20th-century industrial scene at the foot of Bathurst Street in Toronto.

Also coming in strong at the Waddington’s auction was a small medium sketch by fellow Group of Seven member Lawren Harris, which sold for $188,000 (including buyer’s premium) against an estimate of $75,000 to $100,000.

Buyer interest also surged for Sybil Andrews’s linocut print Speedway (1934) at Waddington’s. Estimated at $45,000 to $60,000, it sold for $106,200 (including buyer’s premium). Andrews, a Brit who migrated to Campbell River, BC, in 1947, was known for her dynamic imagery of labourers, sport and other phenomena; she originally designed the Speedway image for a London Transport Board poster, though it was never executed as such.

www.canadianart.ca


Posted: 12/1/2014 12:00:00 AM



Inuit art sale at Waddingtons, Toronto


Inuit prints and drawings profoundly capture the enduringly complex relationships within the human, animal, and spirit world. No wonder they're becoming increasingly desirable says Judith Miller.

If you feel a slight sense of déjà vu as you begin to read this, please bear with me. A year ago, almost to the day, I set off on a lecture tour of Canada and the United States, and on the flight over wrote an article on Inuit sculpture – an art form and collecting field I’ve become passionate about, and one I’d been introduced to some five years earlier in Toronto.

I’m flying there again on Wednesday, on this occasion to start a promotion tour for my new Miller’s publication on Arts & Crafts. However, I shall be taking time out from that to attend, on November 17 at the city’s Waddington’s auction house, an important sale of Inuit art. Yes, fine examples of the Inuit sculpture I wrote about a year ago make up a significant part of the sale, but so do Inuit paintings, prints, and drawings. Increasingly desirable, it’s these I want to focus on this time...

www.telegraph.co.uk

Posted: 11/11/2014 12:00:00 AM



Lawren Harris works fetch strong prices at Waddington's auction


It was a tale of two Lawren Harris canvases at Waddington's spring auction Monday evening, with one highly touted work fetching a price just shy of its low estimate and an higher-than-expected sale for another, lesser known canvas.

Group of Seven founder Harris’s Lake Superior Painting X, billed the highlight of the Toronto auction house's offerings this season, sold for just over $2.47 million.

The painting was purchased by a couple from western Canada who placed their bids by phone. It was Waddington's largest sale of the evening.

Entering the Canadian art market for the first time, Lake Superior Painting X was estimated to fetch between $2.5 and $3.5 million, with hopes of setting a new artist record...

www.cbc.ca

Posted: 5/28/2014 12:00:00 AM



Lawren Harris, Painters Eleven art await auction night


Explosive impulses and unpredictable circumstances often collide to create artistic masterpieces, but these factors also arise at the auction house, inspiring record highs and disappointing lows.

"It's theatre and commerce colliding at auction night," says Linda Rodeck, vice-president of fine art and senior specialist of Canadian art at Waddington's auction house in Toronto.

Whether this season will bring tragedy or comedy is yet to be seen, but Waddington's is already buzzing with anticipation. The highlight of its Canadian fine art auction this spring is Lake Superior Painting X by Group of Seven founder Lawren Harris. The painting is estimated to fetch between $2.5 and $3.5 million...

www.cbc.ca

Posted: 5/23/2014 12:00:00 AM



The Lawren Harris canvas that could set auction record


Hard to believe in a world where impermanence seems the only permanence … but the record for the most money ever paid at auction for a Canadian work of art has withstood all comers for more than 12 years. But this record, of just less than $5.1-million for an 1846 Paul Kane painting titled Scene in the Northwest – Portrait, stands a good chance of being eclipsed later this month in Toronto. The contender? A large, starkly powerful canvas by Group of Seven founder Lawren Harris hitherto never offered for sale or even publicly displayed...

www.theglobeandmail.com

Posted: 5/10/2014 12:00:00 AM



Waddington's art auction


Canadian fine art will be auctioned in Toronto on Nov 27. Waddington's VP Fine Art Linda Rodeck gives us a preview of what's up for sale

www.cbc.ca

Posted: 11/26/2013 12:00:00 AM



When investing in the Canadian art market, 'look where people aren't looking'


Art dealers and auctioneers like to tout the growing international recognition for Canadian art. The Group of Seven or Emily Carr are attracting more foreign buyers, and the Canadian market is catching on, some say.

But "the fact of the matter is, it's still Canadians collecting Canadian art with very, very few exceptions. You can almost count them on one hand," says Linda Rodeck, vice-president at the auction house Waddington's in Toronto and a former managing director at Sotheby's Canada, which has discontinued its Canadian art auctions.

Hyping foreign investment in Canadian art or art as a commodity shouldn't be the function of the art community, she argues.

"I don't believe that we want to market what we are doing as an investment. It's not the way I approach it at all. Because you know what happens? You get this crazy, momentum investing, which doesn't do anybody any good in the art world."

Ms. Rodeck points to the Keynesian beauty contest in which some bet on stocks, not for the fundamental value of a company, but for what they perceive others think the value could be. If applied to art, it becomes buying based on name recognition and market momentum, and less and less on the work itself.

"Can you see how far removed you are from the aesthetics, which are supposed to drive you?" Ms. Rodeck says. "And then it becomes a little bit of a game of hot potato to some degree, finding someone who perhaps knows a little bit less than you do, that you can pass your painting on to."

The momentum can arise from what museum curators are showing, particularly as foreign museums mount exhibitions of Canadian works. It can have a positive effect, though, on recognition for leading contemporary Canadian artists such as Kent Monkman, Shary Boyle and others...

secure.globeadvisor.com

Posted: 11/21/2013 12:00:00 AM



Linda Rodeck Leaves Sotheby’s, Joins Waddington’s


Linda Rodeck, who until recently had been managing director, Canada, at Sotheby’s, is moving to Waddington’s as vice-president.

She is due to begin her new position at the Canadian art auction house on August 6.

The move marks a return to Waddington’s for Rodeck; from 1991 to 2004, she partnered with Geoffrey Joyner, and this included three years with Joyner Waddington’s.

“We’re just delighted to have her on board again,” said Stephen Ranger, vice-president, business development, at Waddington’s.

In 2004, two years after Waddington’s acquired Joyner’s auction firm, Rodeck founded her own private art-consulting business. In September 2010, she joined Sotheby’s.

Rodeck’s return to Waddington’s also marks a wider set of changes at the auction house.

Geoffrey Joyner, formerly president of the Joyner division of Waddington’s which handled fine Canadian art, is stepping back from day to day activities to act as senior advisor after 45 years in the art auction business...

www.canadianart.ca

Posted: 7/3/2013 12:00:00 AM



Waddington's sets new direction for Canadian art market


A recognized leader in Canada's art marketplace, Waddington's sets the bar at a new level for the industry. With amped up leadership and innovative new programs, Waddington's is redefining the role and function of the traditional auction house.

Linda Rodeck to lead Waddington's Canadian Fine Art Division
Linda Rodeck, one of Canada's most respected Canadian art experts, is returning to Waddington's as Vice President, Waddington's Fine Art. Ms Rodeck joins a distinguished and accomplished leadership team, headed by Duncan McLean, President; Stephen Ranger, Vice President Business Development, and a roster of specialists in Inuit Art, International Art, Asian Art, Decorative Arts and Jewellery. Ms Rodeck's most recently served as Managing Director of Sotheby's Canada. Her 20+ year career highlights include partnering with Geoffrey Joyner from 1991 to 2004, which included three years with Joyner Waddington's and founding her own private art consultancy. Ms Rodeck serves on the Board of Trustees of the McMichael Canadian Art Collection, Kleinburg, and has been active in many philanthropic activities, including the Canadian Art Foundation's Annual Gallery Hop and serving on the foundation board of Bloorview Children's Hospital...

www.newswire.ca

Posted: 7/3/2013 12:00:00 AM



Waddington’s retiring Joyner division, hiring former Sotheby’s VP


The decision by Sotheby’s Canada in February this year to get out of the live and online auction business seems to have been the signal for a larger overhaul of the country’s resale art market. The latest ramification came Wednesday with Toronto-based Waddington’s announcing that it’s “retiring” its Joyner division for sales of “important Canadian art” and hiring former Sotheby’s Canada vice-president/ managing director Linda Rodeck as vice-president of a restructured division, Waddington’s Fine Art, with direct responsibility for Canadian art under the moniker Waddington’s Canadian Fine Art...

www.theglobeandmail.com

Posted: 7/3/2013 12:00:00 AM

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Tuesday, June 13, 2017 at 1:00 pm


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Tuesday, June 13, 2017 at 7:00 pm


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Wednesay, June 14, 2017 at 6:00 pm


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