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Media articles about the art market, Banziger Hulme Fine Art and other art-related topics.

Nude finds the room bare of buyers

The Australian, 28/08/2013, by Michaela Boland “Pre-election jitters got the better of art buyers at Sotheby’s Australia’s Important Australian Art auction …. David Hulme said he thought Sotheby’s had limited its options by offering so few artworks. A larger collection would have attracted more buyers who might then have found themselves interested in others as well. …”...
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Indigenous Australian art market suffering substantial decline

Katie Hamann reported this story on Friday, 9 August 2013, 18:46:00 on Radio ABC News, PM. Click to listen to the interview. PETER LLOYD: For the better part of a decade, Indigenous Australian art was at the top of many collectors ‘must have’ list. After hitting a high of $26 million in 2007, turnover has plummeted to around $8 million annually. Indigenous art dealers and...
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Resale royalty disaster

The Australian, 9/8/2013, Opinion “NICOLAS Rothwell’s excellent article on the disastrous results of the government-imposed resale royalty scheme clearly shows that mistakes have been made (“Royalties scheme shines stark light on divided landscape”, 8/8). Let’s hope a decision is made to abandon the scheme. If not, then at least take notice of the heavily weighted evidence from Australia’s art experts that it is a flop...
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Brush with riches short-lived as prices tumble

Andrew Taylor “…Art consultant David Hulme confirmed the prices fetched at auction by these artists [David Bromley, Robert Dickerson, Pro Hart, David Boyd] had declined sharply. ‘Their prices have dropped by 50 percent over the highs of 2007-08 and just seem to keep dropping,’ he said. Hulme said all four artists were traditionally favoured by new colletors and dealers in the secondary art market who...
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Remembering Great Artist

Rod Bennett “James R. Jackson was an impressionist painter inthe vein of Arthur Streeton and E. Phillips Fox … An exhibition of his work has been curated by fine art dealers Brigitte Banziger and David Hulme, of Banziger Hulme Fine Art. …” Read the story in the Manly Daily.  ...
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Market faces blue period as investors give the brush-off

Andrew Taylor “Oliver Rees collects Australian art as an investment and to support the local arts industry. But new superannuation rules will force him to sell part of his collection of 19th century watercolours and paintings by Sidney Nolan and John Coburn ….… The art valuer David Hulme said he had been flooded with enquiries from small investors wishing to sell art or purchase back...
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Paper’s brush with greatness

John Morcombe “It’s the paper that won a Manly Daily art competition in 1923 and led to the establishment of the Manly Art Gallery in 1930. … [it] will exhibit paintings by Jackson, many of which have been borrowed from other museums, galleries and private collections. It has been curated by Brigitte Banziger and David Hulme, and will be opened by art historian and publisher...
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Meadmore’s captive work free to join Mexico’s Olympic sculptures

Steve Dow Janus … Australia gave it to Mexico for the 1968 Olympics. “… The Sydney-based art adviser David Hulme, of Banziger Hulme, an approved valuer for the Australian government’s cultural gifts program, says he saw the sculpture in 2010 and it was still in good condition. ”There’s been a momentum building for a couple of years,” Hulme says. ”It’s a very significant sculpture.” He...
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Art Investment a Subject of Debate

It’s on and the gloves are off. Just like two prize fighters squaring up, ‘contemporary art’ will take on ‘the auction room’ in a debate between Manly art market specialist David Hulme and Sydney art consultant Kate Smith. They will be discussing the pros and cons of art purchased at auction and art purchased in commercial galleries. Some of the questions … include: What are...
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And the Russians came

‘….David Hulme was also active on the night, on behalf of clients. Hulme secured among others the auction cover lot, Frederick McCubbins’ 1915 painting The Mountain Cottage, for its low estimate of $ 700,000, for a Sydney client.’ Read the article in: Fin_Review_200912.pdf...
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Menzies Fine Art Sale – At Sixes and Sevens and then Finally Eights – 8 Million

A major withdrawal and a few high priced failures, along with the hammering down under estimate of over-exposed top lots generated a clearance of 77% and 69% by value. A few fresh affordable works and a Russian sleeper helped the sale tally a very healthy $8,057,598, including buyer’s premium. Hulme was successful securing the cover lot, Frederick McCubbin’s Mountain Cottage (Lot 33) for its low...
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$5 million for unknown artist?

The experts are aghast over the purported price for this art sale, writes Andrew Taylor If you ask the experts, Andrew Philip Duncan can’t know much about art. But Mr Duncan, a Gold Coast property entrepreneur, reckons he knows what he likes – and he swears that he has just spent $5.2 million on a painting called Points of View by a little-known artist from...
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Copycat artist ruffles feathers with blatant rip-off

Imitation may be the sincerest form of flattery, but is this taking it too far? The photograph on the top right, titled Shenae and Jade, is by Sydney’s award-winning artist Petrina Hicks and held in the collection of the Art Gallery of NSW. The other below it is a painting by the prolific Czech artist Marek Hospodarsky and titled, perhaps less imaginatively, Bird. The hairline...
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What’s hot in the European Art World?

It’s summer in Europe and with the warm weather come the big art fairs. There are four big shows across the European continent at the moment. In Paris, there’s La Trienniale, in Belgium, there’s Manifesta, in Germany there’s the edgy new art show Documenta and in Switzerland, Art Basel has just wrapped up. So who’s on show and what’s hot this year? Listen to the...
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Clement Meadmore sculpture languishing in Mexico City

If contemporary sculpture is your thing, then you’ll know the late Australian artist Clement Meadmore. He’s generally considered one of this country’s most important modern sculptors. In a typical Meadmore sculpture, a large rectangular volume of steel twists and turns upon itself. The point about his classic works is that they are huge, and so the great curl of steel takes on this epic scale,...
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Odd Lots

Katrina Strickland “A record has been set for the work of Ethel Spowers. ….The Gust of Wind sold for £114,050 at Bonhams London … setting a record for the artist – and for any print by an Australian artist at auction, art consultant David Hulme says.”...
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Buy of the Beholder

Andrew Taylor “Peter Lik may have sold a photograph for $US1 million – the highest price ever achieved by an Australian photographer – yet few people have heard of him. … ‘I don’t fancy the owner’s chances of recouping anywhere near what he paid for this one,’ art consultant David Hulme says. … ‘These prices are very high and certainly, in terms of other successful...
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Ben Quilty’s quest: To Asia and beyond

Katrina Strickland “…At Menzies, dealer David Hulme bid $ 25,000 for Quilty’s 40 x 30 cm Portrait after Self Portrait by Arthur Streeton. It had been estimated to sell for $14,000 to $18,000. Hulme says he bought the painting on behalf of a UK collector who has spent time in Australia; he will pay $30,680 once buyer’s premium and GST are included. ….. The other...
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Six bucks for a Namatjira? Look again

By Andrew Taylor There’s no accounting for taste when a masterpiece is ignored in a garage sale. It was the spring-clean that almost cost a Cairns woman a masterpiece. She had put a few household items in a garage sale, including a painting of a desert landscape priced just $6. It was signed Albert Namatjira, but she assumed it was one of the countless reproductions...
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Jetty painting price tag soars

The Gerald Fitzgerald painting, Manly Jetty 1896, reached an impressive $ 42,500 at auction on Thursday night. The sale exceeded all expectations. The impressionistic work was expected to reach from $ 22,000 to $ 28,000. Banziger Hulme’s David Hulme said: “It’s a wonderful picture. It is unusual in this climate for a painting to reach this much higher than anticipated (price). People will pay for...
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Pricy drop in the Ocean

Rod Bennett ‘A brilliant piece of impressionist art inspired by a rainy day at Manly wharf is going under the hammer on Thursday. The painting by Gerald Fitzgerald, ‘The Manly Jetty’, 1896, shows the Manly Wharf on a wet and stormy day ….. “How many dramatic pictures are there of Manly in this style”” asked fine art valuer and consultant David Hulme, of Banziger Hulme...
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Art appraisal day will be good value

“If there are any rare or lost artworks lurking local garages, the Goulburn Regional Art Gallery hopes to uncover them this weekend. It will hold an art appraisal workshop on Saturday afternoon between 12pm and 4pm, and two experts from Banziger Hulme Fine Art Consultants will be on hand to give punters a detailed evaluation….”...
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The Art of Buying and Selling Art

Well if you have a bit of money to spend this year and you want to buy some art but think you can’t afford it, maybe s[edition].com is for you. It’s a new online platform that has been recently launched which lets you download digital art from leading artists for as little as seven dollars. The promoters want us to think of it as an...
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Informed buyers still getting the pictures

… Sydney valuer and art consultant David Hulme, who writes about the market for the online Australian Art Sales Digest, says real estate is still as good a comparison as any to apply to the art market. Just as a great house in a great street will find a buyer willing to pay a good price in a depressed market, so too will a great...
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Serene scene is no fairytale

By Rod Bennett For about $ 100,000 this brilliant representation of Fairy Bower could end up in our regional gallery. The work, Fairy Bower, Manly c1913 is coming up for auction in Melbourne …. its artist is the famous Emanuel Phillips Fox (1865-1915) …. “It has the potential to be in the top 10 of prices paid for one of this artist’s works’, fine art...
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Painting bought at sea proves to be no treasure

The prospective value of a purchase at an onboard auction on a sea cruise is in dispute, writes Louise Schwartzkoff. On ocean cruises, passengers sometimes spend up big at the onboard art auctions. Back on land though, some have found their purchases to be worth a fraction of what they paid. Jason Hall was holidaying on P&O’s ship the Pacific Dawn in January when a...
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Digging up the work of expats past, by Terry Ingram

“Norman Lloyd, whose work – varying in style from van Gogh-influenced South of France paintings to British modernist school – was particularly beloved of Dallas decorators, has also been the subject of new scrutiny by Sydney art advisory firm Banziger Hulme. BZ has been wading through Lloyd’s war diaries, which contain 21 sketches and were purchased from the artist not long after World War I...
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