Art sale doubts despite ‘proof'
ART experts may not believe it, but The Sydney Morning Herald has reported confirmation of the $5.2 million sale of a painting displayed in Gympie 12 years ago.
The sale, reported in The Gympie Times on July 20 attracted an immediate reaction of scepticism, even outright disbelief from art experts.
But Gold Coast property entrepreneur Andrew Duncan yesterday confirmed he had purchased the painting, Points of View by Sharon Davson, for the price quoted.
The Herald has now reported that, while some say Mr Duncan may not know much about art, he insists that he knows what he likes.
Solicitor Clarence Boyd Nelson has since confirmed that Mr Duncan's New Zealand registered company, Macquarie Trustee (NZ) Limited, had entered into a deed of ratification to confirm the sale.
In a follow-up to the original July 20 story on the sale, The Gympie Times reported the sceptical views of Sydney art consultant David Hulme.
He said the highest price he was aware of this year was $2.52 million for an Arthur Streeton painting.
Last year's top auction price was $1.86 million for a Brett Whitely.
"The big one was a huge sale of a Sidney Nolan painting, First Class Marksman, for $5.4 million in 2010," he said.
Ms Davson stood by her claimed price, saying she was not so well known in Australian art circles because she did not market through galleries and sold much of her work overseas.
The Herald quoted one gallery owner, Megan Dick as saying there was "no credible historical build-up for Davson's work".