|
In the News: Fine art auctions, art brokered by Banziger Hulme
Fine Art Consultants, investing in art and more
The Australian, 10 November 2008: "Not just a pretty picture"
"... Base's decision to sell his original work is unusual, says David
Hulme, Sydney-based art valuer with fine art consultants Banziger
Hulme. Most illustrators hang on to their artwork, and exhibit other
work created specifically for the fine art market. He says illustrative
work tends to have a far lower value than other works on paper. "I
recently valued some illustrations for a regional art gallery and they
weren't as pure, they didn't have a fine art component," Hulme says.
"Nobody in the fine art world will look at illustration in the same way
as fine art." Hulme makes a distinction between straightforward commercial work
for advertising or editorial, and illustration work for books. Norman
Lindsay, he says, is a case in point. A Lindsay illustration will sell
for about $2000, but a non-commercial watercolour will fetch $50,000.
The illustrations for his children's book The Magic Pudding
are in a different league. As an artist and author with an established
reputation, the book was published in 1918 as a limited edition for the
relatively high price of pound stg. 1 10 shillings. The original art
work is now in the State Library of NSW. ..."
Brisbane Times, 5 November 2008: "Texas Treasure"
'... She contacted an Australian art consultant and broker, David
Hulme, who recognised it immediately as Coburn's work. "The
signature is pretty distinctive, and the texture of the paint and
the style of the work is also very Coburn. Then there's the
inscription on the back with his address at the time clearly
written," he says. "It's definitely legitimate and a very exciting
find. ..."
Manly Daily, 5 November 2008: "Aussie art gem found in Texas"
'...According to Banziger Hulme Fine Art director David Hulme, the large oil on canvas painting titled Solstice was unknown and represented an outstanding historical find. ...
Sydney Morning Herald, 4 November 2008: "When opportunity shops knock"
'.... Kay Gray paid $US45 for the semi-abstract painting, took it home
and displayed it with her collection of modern pottery. On a whim,
she did an internet search on the name written on the back of the
wooden frame.
"When I Googled John Coburn, up popped all these beautiful
paintings and all I could think was 'Oh my God'," she says. "I
thought it was a nice piece and well painted, but I sure never
thought it could be by someone famous."
She contacted an Australian art consultant and broker, David
Hulme, who recognised it immediately as Coburn's work. "The
signature is pretty distinctive, and the texture of the paint and
the style of the work is also very Coburn. Then there's the
inscription on the back with his address at the time clearly
written," he says. "It's definitely legitimate and a very exciting
find." ....
Hulme gave the painting a market value of $20,000 and advised
Gray and her husband to insure it for $30,000. "But if it came up
for auction it could do even better because it's an unknown work
and it's turned up in such unusual circumstances," he says. ....' Canberra Times, 4 November 2008: "When opportunity shops knock" '... She contacted an Australian art consultant and broker, David Hulme,
who recognised it immediately as Coburn's work. "The signature is
pretty distinctive, and the texture of the paint and the style of the
work is also very Coburn. Then there's the inscription on the back with
his address at the time clearly written," he says. "It's definitely
legitimate and a very exciting find." Hulme gave the
painting a market value of $20,000 and advised Gray and her husband to
insure it for $30,000. "But if it came up for auction it could do even
better because it's an unknown work and it's turned up in such unusual
circumstances," he says. ...' Telegraph.co.uk, 4 November 2008: "Lost Australian masterpieces unearthed in Texas charity shops"'... The second discovery was made this month, when a John Coburn work, Solstice,
surfaced in a second-hand shop in the Texan town of San Marcos. Coburn, a
Queensland-born artist, is known for his tapestries and distinctive abstract
style. .... Mrs Gray got in touch with Australian art consultant David Hulme, who
recognised it as a Coburn original. ....'
Manly Daily, 16 September 2008: "Get your Rembrandt"
"... So if you have an unknown work languishing in your attic... take it to the Manly Arts Festival appraisal afternoon. Banziger Hulme Fine Art Consultants will help you determine its worth."
Sydney Morning Herald, 9 August 2008, Travel: "Travel global, drink local - Auction caution"
"... A recent item in this column about the pitfalls of buying art at cruise-ship auctions has hit a raw nerve with Sydney art consultant and valuer David Hulme. He says he has dealt with a procession of people over the years who have paid high prices at sea, only to find later that the works were worth far less than claimed.
A Sydney cruise passenger who paid a 10 per cent deposit on a painting that the shipboard auctioneer valued at $ 22,000, has since asked for Hulme's valuation. He told her the work wasn't worth much more than the deposit. The woman has refused to pay the balance and is still trying to recover her deposit.
Hulme says that almost every time he has valued art bought at sea, he has found the price paid is far higher than the market value.
"I don't have a problem with sellers putting whatever price they want to on a work," he says. "What I object to is when there are false claims made about the real value of that work, particularly when buyeres don't have the means to undertake an appraisal, or have someone undertake it on their behalf."
Manly Daily, 11 July 2008: 'Raw emotion sways judges'
"A work noted for its gritty and literal nature has won the Selector's Award at the 2008 Warringah Art Prize. Blacktown artist Johan Neave's 'Red Desire, Passion Fire' won the
$2,000 prize. ...
The selectors were David Hulme of Banziger Hulme Fine Art and Manly Art Gallery curator Sarah Johnson. "The sense of community from this and the encouragement for emerging artists is phenomenal, " Mr Hulme said. "The prize is a huge incentive to people starting out."
Mr Hulme said the winner was chosen because of the way he invested emotion into the work. "You don't necessarily want to give it to someone who is playing it safe," he said....
The Weekend Australian, 14-15 June 2008: 'Art censorship isn't the answer'
".... Art adviser David Hulme predicted more Henson works would be on the market for the next round of auctions. 'His prices now sitting at $ 25,000, could be 20 per cent to 30 per cent higher by the time we see his work at the Melbourne Art Fair in August,' he said."
Australian Financial Review, 3 April 2008: Sydney artist recasts his impression
"...One long-dead artist receiving attention today is Norman Lloyd .... A lot of investigation is taking place to establish Lloyd's character and identity, and the artist now has his own website - normanlloyd.com.au. The Manly art team Banziger Hulme is behind the website. .... A large collector has been buying Lloyd's work through Banziger Hulme .... More than 335 works by this prolific artist have been sold over the past 20 years."
Manly Daily, 6 March 2008: Close to someone's art
"Last weekend Banziger Hulme held their annual Art Appraisal Day in the Corso, with more than 100 locals lining up to have their precious family heirlooms valued. David Hulme said he was stunned by the quality of the works that were presented.... 'A local lady brought in a high-quality Norman Lindsay piece that we valued at about $ 40,000, although we'd insure it for $ 60,000' ... Mr Hulme and partner Brigitte Banziger were also blown away by the works of still-life master Albert Sherman and portraitist Antonio Dattilo-Rubbo, one of the main founders of the Manly Art Gallery and Museum...."
Manly Daily, 28 Feb 2008: Dust-gatherers may be gems
".....before you start discarding those dubious family heirlooms that have been gathering dust in the attic or garage, it may be worth .... taking them to the experts at Banziger Hulme Fine Art Consultants for instant appraisal. .... Mr Hulme said establishing the true market value of an artwork is definitely worth the effort in today's climate as art auction sales continue to go from strength to strength both here and on the international market."
Superliving.com.au, 25 February 2008: Resale royalties on Aussie art
(Click on link for whole story)
"... David Hulme has a different view. He is the Managing Director of the
Banziger-Hulme, a fine art consultancy, and he thinks the art market
will be just fine.
While he describes the proposed scheme as a "logistical nightmare," he
also thinks the extra revenue for artists is important and that the
regressive nature of the royalty structure could see the majority of
the money going to the artists who need it most. But he also says "it
is only a very small percentage of artists that will ever benefit from
this scheme and these are the ones who already are perhaps considered
well-off in the art world".
He also thinks that the art market is so buoyant right now that it will
take something much bigger than a resale royalty scheme to bring it
down.
"The emerging markets are taking off big time," says David, citing the
entry of India, China and Dubai to the international art markets as
driving explosive growth. "A downturn in the art market will be created
by much more powerful forces and will begin in the auction rooms of
Sothebys and Christies in New York and London before it trickles down
to Australia."
There is a concern that droite de suite could see Australian art head
offshore for sale. David says that the Swiss auction houses have done
very well out of their country's decision to not follow the European
lead.
But he also says Australia's geographic isolation and the cost of
shipping art over long distances – and possibly having to ship it back
if it doesn't sell – means there's little danger of our art market
being driven out of the country.
..."
The Australian, 3 December 2007: Menzies outbids Sotheby's in huge year for art auctioneers
"... It's a bull market, and there's no suggestion it will fall down any time soon," said David Hulme of art advisers Banziger Hulme. "Auction sales this year have been strong, and there are a lot more people wanting to be involved - a lot more savvy investors who want to divest their investments and purchase art. ..."
Manly Daily, 29 November 2007: Antique body adds two
"Banziger Hulme Fine Art Consultants have been accepted into the Australian Antique and Art Dealers Association (AA&ADA). .... Acceptance into the prestigious organisation is a clear recognition of the company's efforts."
Manly Daily, 9 November 2007: Art Festival brings it out in the open
"... Local art dealers Banziger Hulme will be giving free appraisals at Steve Coburn's studio..."
The Australian, 8 November 2007, Leading a sculptural revolution:
"... David Hulme of Banziger Hulme art consultants (sic) has a slightly different view: 'There are more people buying art and, as a consequence, more people have to be interested in sculpture. But whether it's transferring into the secondary market at the same level, I don't think so. The secondary market is so conservative in its purchasing, and it will take a number of years to happen. But I do believe it will happen.' ...
Australian Financial Review, 1 November 2007, Art of knowing the unknown:
"David Hulme of Art broker Banziger Hulme continued to mop up 1920s landscapes by Norman Lloyd ... Hulme evidently has a collector in tow for this artist's extraordinary works."
The Australian Art Market Report, Issue 25, Spring 2007,
Page 22, Cents and sensibility:
"If
someone is prepared to spend a considerable budget on an artwork, it is
just
common sense to do one's homework and make an informed decision",
explains
David Hulme, of Bänziger Hulme Fine Art.".... But the
purported boom isn't as
straightforward as collectors might like.
Bänziger Hulme may serve as art brokers,
buying and selling works on
their client's behalf through the secondary market,
however they
believe "that art as investment has been hyped" and "if one is
primarily and purely interested in (turning a profit), we feel it is
better to stick
with traditional investment vehicles."
Manly Daily, 4 September 2007: Postscript to art story - an exciting find
"Manly art brokers
Banziger Hulme unearthed the painting (Portrait of Dodge
Macknight by
John Peter Russell) after they were contacted by a descendant of
Macknight from the US. Now the great-nephew of John Peter Russell
unearthed
the works on paper by the impressionist which have been
hidden away for years.
"This is indeed an extraordinary twist to our
find of the lost portrait",
Brigitte Banziger said."
The Australian Financial Review, 30 August 2007: Better than a poke in the eye
"Along with the Whiteley, the other highlight of the
sale, John Peter Russell's 1887
Portrait of fellow artist Dodge
Macknight, sold for a hammer price of $190,000..."
The Australian Financial Review, 30 August 2007
The Age, 25 August 2007: Art market booms while stocks shake
"Another sale highlight is John Peter Russell's Portrait
of Dodge Macknight
c1887, the American watercolourist - described by
Van Gogh as one of the most
consummate works by Australia's finest
impressionist."
Sydney Morning Herald, 25 August 2007: Spring bidding budding
"(Deutscher + Hackett's) offerings include a ripper John
Peter Russell, Portrait of
Dodge Macknight, dating from around 1887 -
which won praise from
Vincent van Gogh - and Brett Whiteley's
Vincent,.... The Whiteley is estimated at
$ 1 million-plus and the
Russell closer to $ 200,000 - but it was the Russell that
was the talk
of the town, even winning praise from rival auctioneers."
Australian Financial Review, 9 August 2007: Portrait of an artist's friend
"The discovery (of the John Peter Russell portrait of
Dodge Macknight) was
a nice one for the fledgling auction house
(Deutscher + Hackett), as well as
for the ubiquitous Sydney dealership
Banziger Hulme, run by David Hulme
and Brigitte Banziger, which has
consigned the painting to auction on behalf
of its US vendor."
Manly Daily, 9 August 2007:
"...It's
probably the most significant art find of the year. Certainly it's the
most
important in the history of Banziger Hulme. .... Adding to the
intrigue is the fact
the painting won acclaim from Vincent van Gogh in
a letter to Russell.
Van Gogh's critique can be found in the Guggenheim
Museum in New York."
Australian Art Review, Issue 14, July - October 2007:
Art Gallery or auction - where should you buy?
"David Hulme, of Banziger
Hulme Fine Art consultants,
encourages clients to buy at auction as
well as from reputable galleries.
Hulme argues that a work is
'validated' when it appears in an auction
catalogue and can be resold
at auction - even quite soon after purchase,
if the need arose."
Manly Daily, 21 June 2007: Gems in cupboard
"Manly fine art consultants
and husband-and-wife team
David Hulme and Brigitte Banziger are
familiar with the scenario:
someone comes in with an artwork and are
embarrassed about
asking how much it's worth. 'The large auction houses
can be
intimidating and make people feel uncomfortable about an
artwork
that isn't worth a lot of money,' Brigitte said.
'But we're always
interested in seeing artworks - paintings,
drawings, old photographs
and limited-edition prints.
It's not all about money - a painting may
not be worth a lot of money
but may be worth a lot in terms of
sentimental or historical value
and that's something to be proud of."
Australian Financial Review, 7 June 2007:
Watercolour birds free at last
"Sydney
art dealer Banziger Hulme received a surprise last month
when a client
walked into the gallery with a handful of tightly
rolled papers. Upon
unrolling them, 10 watercolours were
discovered by little-known
Australian bird painter H. Hepburn Calvert...
Banziger Hulme will sell
them through Davidson Auctions on June 16."
Mosman Daily, 7 June 2007: Rare birds roll up
"The
woman recently turned up at the Manly offices of fine art consultants
Banziger Hulme with some tightly rolled paper. 'The paper turned out to
be
some rare birds indeed - 10 watercolour works by Australian bird
painter H. Hepburn Calvert,' consultant David Hulme said."
North Shore Times, 11 May 2007: Well worth consulting
Fine
art consultant David Hulme was happy to give his expert
advice recently
to someone who had bouth several paintings
at a garage sale in Killara
13 years ago. ... Hulme said she was a lovely
lady who had bought the
paintings for their frames and never
heard of any of the artists - who
just happened to include
Lionel Lindsay, Herbert Gallop, Sydney Ure
Smith, James R. Jackson,
Arthur Burgess and Emanuel Phillips Fox.
Hulme's advice was that,
rather than giving the collection away,
it
could go to auction."
Manly Daily, 4 May 2007
Northern Beaches Weekender, 3 May 2007:
Hidden treasure delights
"...Taking
her daugher's advice, (the lady owner) decided
to phone Banziger Hulme
Fine Art consultants -
just in case the paintings were worth a dollar
or two. ....
She had works by Lionel Lindsay, Herbert Gallop,
Sydney
Ure Smith, James R Jackson, Arthur Burgess and
Emanuel Phillips Fox....
'Of course I was delighted to
inform the owner that they would be of
good value,'
David said."
Mosman Daily, 3 May 2007
Manly Daily, 2 May 2007
Manly Daily, 7 March 2007:
"An
art appraisal day in Manly uncovered a lovely northern
beaches scene by
Will Ashton...Banziger Hulme's annual art appraisal day
saw more than
70 attendees with some very interesting works...."
The Weekend Australian, 3-4 March 2007:
It's all about place and timing
"When
it comes to selling works by major Australian or
international artists,
it is often best to take the work back to source.
'Even a painting by
Howard Arkley might be better sold in his home
market of Melbourne,'
says David Hulme of Banziger Hulme Fine Art.
The work 'Blue and Gold"
by E.T. Compton, from 1908, was sold after
exhaustive research by
Banziger Hulme to find the Gallery in
Old Bond Street, London, that
specialises in selling this artist's work. ...
The aim of an art
broker such as Sydney's Banziger Hulme Fine Art
Consultants is to
educate and assist their clients in both the buying
and selling of fine
art.
Banziger Hulme also hold very popular art and investment
seminars.
A recent one at the Manly Art Gallery and Museum was attended
by close to 100 people, and another was held at the Bank of Queensland
for select clients. As an art broker does not purchase works to
sell on,
they can be impartial and discerning about how best to
approach
each project. Banziger Hulme welcomes anyone with a work
or a photo of it, whether you would like to know the value
or whether
you are looking to sell..."
Mosman Daily, 1 March 2007
Manly Daily, 28 February 2007
Australian Financial Review, 14 December 2006
"Banziger
Hulme Fine Art of Sydney is selling a rare seascape by
Albert
Namatjira, an artist more often associated with
central Australian
watercolours."
Manly Daily, 17 November 2006
Manly Daily, 16 November 2006
Manly Daily, 13 Sept 2006: Investing is a Fine Art
Mosman Daily, 27 July 2006
The Weekend Australian, 22/23 July 2006
Mosman Daily, 6 July 2006
The North Shore Times, 26 May 2006
The Art Market Report, Issue 19, Autumn 2006
Manly Daily, 7 December 2005
Isle of Man Examiner, November 2005
Mosman Daily, November 2005
Northern Beaches Weekender, 4 November 2004
Manly Daily, 29 October 2004
The Sydney Morning Herald, 19 August 2004
|
