David Bowie painting found near North Bay, Ont. Sells for record $ 108,000 at auction – .

David Bowie painting found near North Bay, Ont. Sells for record $ 108,000 at auction – .

SUDBURY – A David Bowie painting purchased for $ 5 at a donation center near North Bay, Ont., Sold for $ 108,120 at auction.

In a press release Thursday, Cowley Abbott Auction said there was “an auction frenzy” to purchase the artwork of Bowie, who died after a battle with cancer in 2016.

The painting – titled D Head XLVI – was found at Macher Mall in the summer of 2020. In November, the person who found it (who remains anonymous) contacted Cowley Abbott Fine Art, an art auctioneer at Toronto, for more information on painting.

Once its authenticity was verified, the 1997 painting was put up for auction. Early estimates put the sale price at $ 10,000, but were collected by an American collector for more than 10 times that amount.

The sale marks a new world auction record for a work by David Bowie, more than doubling the 2016 sale of a work from the D Head series for £ 22,500 (approx. C $ 39,000) in the UK Cowley Abbot said in a press release Thursday. .

“In the first few days he has already set a new record. It continued to collect bids which skyrocketed during the final hours of the auction, attracting … nearly 50 bids from across Canada and all the way to Australia. “

Rob Cowley, president of Cowley Abbott, said in the statement that once it became known that a Bowie painting had been discovered, they were “inundated” with inquiries.

“This is a phenomenon that we call the ‘Hollywood effect’, when a famous name is attached, or when there is an extraordinary set of circumstances such as the rarity or the history of human interest behind the work of art, ”said Cowley.

“We’ve seen this effect before with other works of art sold by Cowley Abbott, including a painting by Maud Lewis which set an auction record in 2016, the same year Maudie, the biopic film about Lewis, with Sally Hawkins and Ethan Hawke came out; and with a painting by William Kurelek that sold nearly three times its auction estimate for over $ 40,000, which was originally offered by the artist as a thank you for a basket of strudels.

Precious art in the most unexpected places

D Head is one of many works of art to have recently set an auction record with Cowley Abbott. Another painting also came from northern Ontario by a resident of Muskoka – a large-scale painting by Jack Bush, Column on Browns – which set a new world auction record for the artist, sold for 870 $ 000.

“Precious art can be found in the most unexpected places, as well as in your own backyard,” said Lydia Abbott, vice president of Cowley Abbott, in the statement.

“We often come across a significant work of art that has been inherited or has been in a family home for many years without the owners knowing anything about the artist or the value of the work. “

For more information on Cowley Abbott, upcoming auctions and valuations, click here.


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