Heffel's Spring Canadian Art Auction Season Kicked off with the May Online sale Showing Superior Results

Media Release
For immediate release
Vancouver, Toronto, Montreal - May 28, 2009

Heffel's May online auction of Fine Canadian Art closed on May 28th with sales of almost $400,000. The bidding was competitive. On the last day of the sale over 380 bids worth $1.3 million dollars vied for a piece of the Canadian Art market.

"We are thrilled with the $400,000 dollar sale in our online auction of Fine Canadian Art, there were numerous bidding wars and we saw a number of superior results" said Robert Heffel, vice-president of Heffel Fine Art Auction House. "This clearly demonstrates the success of our online auctions and our marketing systems."

The highest selling lot in May's online sale was a sketch by Clarence Gagnon entitled Baie St. Paul, Autumn. This fine painting sold for $21,060 including buyer's premium (all figures include the 17% buyer's premium), which more than doubled its estimate of $8,000 - 10,000. Baie St. Paul, with its interesting terrain, was one of Gagnon's favourite painting locations, and this vividly coloured painting epitomizes his work from this region.

The strength of the Canadian Art Market continued with numerous works surpassing the high end of their estimates. John Little's picturesque street scene entitled Rue Drolet sold for $16,380, exceeding its estimate of $8,000 - 10,000. A Stand of Trees at the Water's Edge, a charming small oil on panel by Marc-Aurèle Suzor-Coté, surpassed its estimate of $4,000 - 6,000, selling for $9,360.

Daphne Odjig's work on paper entitled Summer was estimated at $2,000 - 3,000, but sold after a heated bidding war for $8,190. Maxwell Bates's oil painting entitled Picnic near the Sea went for $12,870, doubling the low end of its estimate.

"Our May online auction of Fine Canadian Art showed once again that the Canadian Art Market is resilient, and that our conservative estimates really encouraged bidding" stated David Heffel, president of Heffel Fine Art Auction House.

Heffel's May Online Auction ran for the duration of the month and works were previewed across the country at Heffel's Vancouver, Toronto and Montreal galleries. The sale sessions closed on May 28th at specified times - for more detailed information, please consult the website at www.heffel.com.

Heffel's Spring Auction continues with the Live Auction sale on June 17, with a pre-sale estimate of $6 - 9 million and includes two paintings that are expected to sell for more than $1 million. This live sale is currently being previewed in Toronto and Montreal prior to the Vancouver preview and auction.

Heffel's is the leader in the Canadian art auction field with a record $50 million in sales in 2007. Heffel's has created a National fine art auction house with offices in Vancouver, Montreal, Toronto, Ottawa and representatives in Calgary and London, England. Heffel's has the most experienced team of fine art specialists in the business, providing customers with the best opportunity for maximizing the value of their works.

For further information please contact:

Robert Heffel
Robert@heffel.com
604-732-6505

David Heffel
David@heffel.com
604-732-6505

May Online Auction Highlights

Clarence Aalphonse Gagnon

Lot # 413

Clarence Alphonse Gagnon

CAC RCA 1881 - 1942 Canadian

Baie St. Paul, Autumn
oil on panel,
signed and on verso titled
6 1/2 x 9 1/4 in, 16.5 x 23.5 cm

Provenance:
Private Collection, Ontario

Estimate: $8,000 ~ $10,000 CAD
Sold for: $21,060 CAD

John Geoffrey Caruthers Little

Lot # 320

John Geoffrey Caruthers Little

ARCA 1928 - Canadian

Rue Drolet
oil on canvas,
signed and on verso signed, titled and dated 1966
18 x 21 1/2 in, 45.7 x 54.6 cm

Provenance:
Continental Galleries, Montreal
By descent to the present Private Collection, Ontario

Estimate: $8,000 ~ $10,000 CAD
Sold for: $16,380 CAD

Arthur Lismer

Lot # 424

Arthur Lismer

CGP CSGA CSPWC G7 OSA RCA 1885 - 1969 Canadian

St. John's, N.F.
oil on canvas board
on verso signed, titled and dated 1958
12 x 16 in 30.5 x 40.6cm

Provenance:
Private Collection, Toronto

Estimate: $10,000 ~ $12,000 CAD
Sold for: $15,210 CAD

Frank Hans (Franz) Johnston

Lot # 420

Frank Hans (Franz) Johnston

ARCA CSPWC G7 OSA 1888 - 1949 Canadian

Paths of Gold
oil on panel
signed and on verso titled on the artist's label
12 x 16 in 30.5 x 40.6cm

Provenance:
Private Collection, Toronto

Estimate: $10,000 ~ $12,000 CAD
Sold for: $15,210 CAD

Maxwell Bennett Bates

Lot # 403

Maxwell Bennett Bates

ASA CGP CSGA CSW RCA 1906 - 1980 Canadian

Picnic near the Sea
oil on canvas
signed and dated 1975 and on verso titled on the stretcher
20 x 24 in 50.8 x 61cm

Provenance:
Private Collection, Toronto

Estimate: $6,000 ~ $8,000 CAD
Sold for: $12,870 CAD

Jack Weldon Humphrey
Jack Weldon Humphrey

Lot # 418

Jack Weldon Humphrey

CAS CGP CSGA CSPWC CSW EGP 1901 - 1967 Canadian

Studio Musicale
oil on board, circa 1941
on verso certified by Jean F. Humphrey on October 4, 1979 and stamped
30 x 40 in, 76.2 x 101.6 cm

Provenance:
Estate of the Artist
Galerie Dresdnere, Toronto
By descent to the present Private Estate, Toronto

Estimate: $8,000 ~ $10,000 CAD
Sold for: $11,700 CAD

Marc-Aurèle de Foy Suzor-Coté

Lot # 543

Marc-Aurèle de Foy Suzor-Coté

CAC RCA 1869 - 1937 Canadian

A Stand of Trees at the Water's Edge
oil on board
signed
7 3/4 x 10 in 19.7 x 25.4cm

Provenance:
Private Collection, Calgary

Estimate: $4,000 ~ $6,000 CAD
Sold for: $9,360 CAD

Daphne Odjig

Lot # 427

Daphne Odjig

FCA OC 1919 - Canadian

Summer
acrylic on paper,
signed and dated 1973
28 x 18 in, 71.1 x 45.7 cm

Provenance:
Private Collection, Ontario

Estimate: $2,000 ~ $3,000 CAD Sold for: $8,190 CAD

Armand Tatossian

Lot # 329

Armand Tatossian

RCA 1948 - Canadian

Vallée Saguenay, Québec
oil on canvas,
signed and on verso signed, titled and certified by the artist's stamp
36 x 48 in, 91.4 x 121.9 cm

Provenance:
Private Collection, Montreal

Estimate: $4,000 ~ $6,000 CAD
Sold for: $8,190 CAD

Ted Harrison

Lot # 519

Ted Harrison

OC SCA 1926 - Canadian

Joe's Place - Carcross
acrylic on canvas board
signed and dated 1972 and on verso signed, titled and dated
15 1/2 x 19 1/2 in 39.4 x 49.5cm

Provenance:
Acquired directly from the Artist
By descent to the present Private Collection, Vancouver

Estimate: $3,000 ~ $4,000 CAD
Sold for: $5,557 CAD

Claude Picher

Lot # 533

Claude Picher

ARCA 1927 - 1998 Canadian

Retour d'École à St-léandre
oil on canvas
signed and on verso signed, titled and dated 1994
24 x 30 in 61 x 76.2cm

Provenance:
Private Collection, Vancouver

Estimate: $2,000 ~ $3,000 CAD Sold for: $5,265 CAD

Miller Gore Brittain

Lot # 408

Miller Gore Brittain

CAS CSGA FCA 1912 - 1968 Canadian

Grief
pastel and pencil on paper
signed and dated 1962
17 7/8 x 11 7/8 in 45.4 x 30.2cm

Provenance:
Estate of the Artist
Galerie Dresdnere, Toronto
Private Estate, Toronto

Exhibited:
Galerie Dresdnere, Toronto, September 1972, Estate #511-B

Estimate: $2,000 ~ $3,000 CAD
Sold for: $4,388 CAD

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