Great Debut for New Australian art auction business with the sale of works from the Estate of David Boyd

by Lee Steer, Jun 16, 2020

New to the Australian  art auction scene Artmarketspace held its inaugural auction last night and  achieved outstanding results:


Total sales including  buyer’s premium  $450,089.00

Total hammer $371,450.00

Total sold by value 85%

Total sold by lot 90%


Company CEO Lee Steer  said:


“We are delighted withthe  results from our first auction with a much higher sold rate than we  expected. Despite the uncertain times the technology that we have developed  over the last 2 years has proven itself invaluable. This auction solution has allowed us to conduct this auction remotely with great success and free  of additional charge to our buyers.


Buyers came from around  Australia and the US and we are now expecting close to a total sell-out, with  the last few works that were unsold at the auction now being snapped up quickly  by collectors that missed out at the auction.


We have a very happy  vendor with the executors of the Estate of David Boyd and it was very  encouraging to see so many buyers keen to buy works by one of Australia’s best  known artists David Boyd.


Top Five results:


Lot 22 David Boyd Tall  Ships Returning 1988 $31,080.00 inc. BP

Lot 20 David Boyd Mother  Beasts attacking $21,960.00 inc. BP

Lot 35 David Boyd Offering  of the Cloth of gold $19,520.00 inc. BP

Lot 8 David Boyd Judge  Peering at his own reflection, $17,080.00 inc. BP

Lot 11 David Boyd TheIsland, $17,080.00 inc. BP

 

For further information  please contact:


Lee Steer CEO &  Co-Founder

lee@artmarketspace.com

Tel: 0414 471 537