- Canada’s art market leader will offer more than 200 masterworks at a live auction in Toronto on November 23, expected to achieve $22M to $32M
- Group of Seven founder Lawren Harris is featured with 10 works, including the outstanding Mountain Forms canvas, estimated at $3M to $5M
- For the first time, a single-consignor session will be offered, featuring 90 works from the prestigious collection of Peter & Joanne Brown
- A major French Impressionist painting by Gustave Caillebotte will be offered in a separate session and will draw collectors from around the globe
Heffel Fine Art Auction House will present its fall 2016 live auction collection. More than 200 museum-quality works will be offered on November 23, 2016, at the historic Design Exchange in Toronto, in what will be a monumental night for the Canadian art market. With the highest dollar-value presale estimates for a Canadian art auction to date, the works will be presented in four sessions and are expected to achieve between $22 million and $32 million. (All prices are in Canadian dollars and according to conservative estimates.)
The long-established and highly anticipated sessions of Post-War & Contemporary Art and Fine Canadian Art will draw collectors from around the world. Significant artists who have become staples at Heffel’s live auctions will be featured with major works, including Lawren Harris and the Group of Seven, Emily Carr and Jean Paul Riopelle.
Lawren Harris’s Mountain Forms hits the auction block following its starring role in The Idea of North: The Paintings of Lawren Harris, the critically acclaimed exhibition which toured major North American cultural institutions, including the Hammer Museum in Los Angeles, Museum of Fine Arts, Boston, and most recently the Art Gallery of Ontario. The outstanding 1926 Rocky Mountain work by the Group of Seven founder is estimated to fetch between $3 million and $5 million. Standing five feet tall and nearly six feet wide, the canvas is one of 10 works by the artist included in the fall auction.
For the first time, Heffel is excited to offer an additional live auction session featuring the most valuable single-consignor collection ever to come to market—The Peter & Joanne Brown Collection. The session is estimated to reach sales of $12 million to $17 million, and includes a selection of artworks from the noted Canadian businessman’s vast collection. The 90 lots on offer are representative of Canadian artistic excellence from coast to coast, including works by Alex Colville of the Maritimes, Emily Carr and Bill Reid of British Columbia, the Group of Seven and many others. Continue reading