On Thursday 16th February Leonard Joel successfully dispersed approximately ninety works from the Art Investment Trust under the instructions of their administrators. It was rare to see such a diverse and colourful selection of editions and graphics at auction and collectors rapidly acquired the offering and quickly pushed final sale prices to a 20% premium above the low estimate of $45,000.
Highlights of the sale included lot 3006, a mesmerizing work by Roger Byrt, titled Red Roll 2001 that more than doubled its estimate to realise $5040 (IBP) and the delightful lot 3071 Happy Man 1998 (illustrated), by Dean Bowen, which quadrupled its estimate to sell for $2040 (IBP). Leonard Joel offers specialist expertise to professional and fiduciaries seeking asset dispersal advice.
For further information contact John Albrecht, Head of Corporate & Private Collections:
Tel: 03 8825 5619
Email: John Albrecht