Millions pumped into art world as corporates sell

Millions pumped into art world as corporates sell
The highest price was $2m for Colin McCahon's Is There Anything of Which One Can Say Look This is New?, 1982. (Image: NZME)
Briar Williams
Auctions of two important corporate art collections in Auckland have pumped more than $14 million into the local art market this month.The sales of the two collections – the Spark Trust, at International Art Centre, and the BNZ, at Webb’s – have both now been completed.Over the past decade, single vendor sales have increased in popularity as a way to sell a collection via auction.However, corporate collections usually aren't interesting enough to warrant their own auctions, because they can contain large, site-specific art...

More Culture

Tipping point nears as gratuities grate on diners
Services Opinion

Tipping point nears as gratuities grate on diners

Restaurants should take care not to make the end-of-meal 'thank-you' more awkward.

Bloomberg 26 May 2024
Review: The Effect is a dazzling display of talent
The Life

Review: The Effect is a dazzling display of talent

An extraordinary display of performance and production talent.

Ben Moore 28 Apr 2024
Review: The Cut serves tasty food but lacks atmosphere
The Life Restaurant

Review: The Cut serves tasty food but lacks atmosphere

The chef clearly knows how to grill but there's more to dining than good fare.

Ben Moore 14 Apr 2024
How NZ is finding success in the tabletop gaming industry
Culture Free

How NZ is finding success in the tabletop gaming industry

One NZ company topped the Fast 50 with a card game.

Ben Moore 04 May 2023