Heffel Announces Live Auction Dedicated to Canadian Post-War & Contemporary Art

Media Release
For immediate release
Toronto, June 10, 2008

Heffel's announces its inaugural live auction of Canadian Post-War & Contemporary Art to be held on Wednesday, November 19th at the Queen's Park Ballroom of the Park Hyatt Hotel in Toronto. Heffel's will be the first auction house in Canada to hold twice annual live sales devoted to Post-War & Contemporary Art. The sale will commence at 4 pm and will precede the sale of Fine Canadian Art, which will commence at 7 pm in the evening of the same day.

David Heffel, President of Heffel Fine Art Auction House comments, "As a result of Heffel's prior commitment to developing the secondary auction market for Canadian Post-War & Contemporary Art, and continuing with our success in this exciting and rapidly expanding market, Heffel's is pleased to be the progressive auction house to dedicate an independent live auction forum to this market."

Heffel's recognizes the Post-War & Contemporary market as distinct in nature from that of the Canadian Early Modern market of 1900 to 1940 and the Canadian 19th Century Historical market. Two catalogues will be produced for each sale, Fine Canadian Art and Canadian Post-War & Contemporary Art. This references global art sales, whereas the Fine Canadian Art catalogue consisting primarily of the Canadian Impressionists and the Group of Seven would be the equivalent of the Impressionist and Modern Art sales in New York, and Canadian works post-1945 will be offered in the Post-War & Contemporary catalogue.

Nina Kim, Director of Heffel's Post-War & Contemporary Art department states, "Heffel's is pleased to acknowledge the two facets of the market and to devote separate catalogue sales for each, referencing global sale schedules. The Post-War and Contemporary market has become a formidable force worldwide and Heffel's endeavours to gain recognition for important Canadian artists of this period, as they are undervalued in relation to their international counterparts."

Heffel's is the industry leader in this field, having already begun to conduct Canadian Post-War sales in our Online Auction systems every September and March. Robert Heffel states, "This is a natural progression for our business, and with the changing demographic of the Canadian collector it will be interesting to watch the growth of this segment of the market."

Heffel's Exceptional Canadian Post-War & Contemporary Art Results:

Jean-Paul Riopelle
Canadian

Il était une fois une ville
oil on canvas , 1954 1955
signed
76 1/2 x 51 in 194.3 x 129.5 cm

Estimate: $750,000 - $950,000
Sold for a Canadian Record: $1,667,500
(premium included)

Sale of Heffel Fine Art Auction House,
Friday, November 24, 2006
Lot # 128



E.J. (Edward John) Hughes
Canadian

Fishboats, Rivers Inlet
oil on canvas, signed and dated 1946
42 x 50 in 106.7 x 127 cm

Estimate: $300,000 - $400,000
Sold for a record: $920,000
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, November 25, 2004
Lot # 141



Alexander Colville
Canadian

Two Pacers
tempera on board, signed and dated 1951
24 x 32 in 61 x 81.3 cm

Estimate: $200,000 - $300,000
Sold for a record: $690,000
(premium included)

Sale of Heffel Fine Art Auction House,
Wednesday, May 23, 2007
Lot # 138



Jean Paul Lemieux
Canadian

Le long voyage
oil on canvas, signed and dated 1963
40 x 57 in 101.6 x 144.8 cm

Estimate: $125,000 - $175,000
Sold for: $402,500
(premium included)

Sale of Heffel Fine Art Auction House,
Wednesday, May 23, 2007
Lot # 059



Paul-Émile Borduas
Canadian

Patte de velours
oil on canvas, signed and dated 1955
36 x 30 in 91.4 x 76.2 cm

Estimate: $125,000 - $175,000
Sold for: $264,500
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, November 24, 2005
Lot # 133



Jean-Paul Riopelle
Canadian

Sans titre
watercolour and ink on paper, signed and dated 1954
38 x 26 in 96.5 x 66 cm

Estimate: $100,000 - $125,000
Sold for a watercolour record: $184,500
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, May 22, 2008
Lot # 115



Michael James Aleck Snow
Canadian

Green Skirt
oil on canvas signed and dated 1962
27 3/4 x 20 in 70.5 x 50.8 cm

Estimate: $50,000 - $70,000
Sold for: $97,750
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, November 24, 2005
Lot # 026



Jean Albert McEwen
Canadian

Untitled
oil on canvas, on verso signed and dated 1964
30 x 30 in 76.2 x 76.2 cm

Estimate: $25,000 - $30,000
Sold for: $92,000
(premium included)

Sale of Heffel Fine Art Auction House,
Saturday, May 31, 2008
Lot # 214



Christian Marcel Barbeau
Canadian

Ouvri
oil on canvas, signed and dated 1956
30 x 40 in 76.2 x 101.6 cm

Estimate: $15,000 - $20,000
Sold for a record: $86,250
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, May 22, 2008
Lot # 123



B.C. (Bertram Charles) Binning
Canadian

Coast Wise Signals
oil on burlap on board, signed and on verso signed, titled and dated 1954 on the artist's label
11 1/2 x 17 3/4 in 29.2 x 45.1 cm

Estimate: $15,000 - $20,000
Sold for: $63,250
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, May 22, 2008
Lot # 127



William Ronald
Canadian

Goddess
oil on canvas, signed and dated 1957
24 x 30 in 61 x 76.2 cm

Estimate: $10,000 - $12,000
Sold for a record: $54,625
(premium included)

Sale of Heffel Fine Art Auction House,
Saturday, March 31, 2007
Lot # 042



Jack Leonard Shadbolt
Canadian

Medieval Landscape
oil on board, signed and on verso titled and dated 1960 - 1962
32 x 48 in 81.3 x 121.9 cm

Estimate: $10,000 - $15,000
Sold for: $54,625
(premium included)

Sale of Heffel Fine Art Auction House,
Friday, November 24, 2006
Lot # 159



Pierre Gauvreau
Canadian

Le coq de porcelaine jaune
oil on canvas, signed and dated 1949
32 1/4 x 28 in 81.9 x 71.1 cm

Estimate: $20,000 - $25,000
Sold for a record: $51,750
(premium included)

Sale of Heffel Fine Art Auction House,
Saturday, March 29, 2008
Lot # 007



Thomas Sherlock Hodgson
Canadian

Untitled
oil on canvas, signed and dated 1959
61 x 84 in 154.9 x 213.3 cm

Estimate: $6,000 - $8,000
Sold for a record: $48,875
(premium included)

Sale of Heffel Fine Art Auction House,
Saturday, September 29, 2007
Lot # 022



Raymond John Mead
Canadian

Winter
oil on canvas, signed and dated 1960
40 x 38 in 101.6 x 96.5 cm

Estimate: $6,000 - $8,000
Sold for a record: $46,000
(premium included)

Sale of Heffel Fine Art Auction House,
Saturday, September 29, 2007
Lot # 034



Gregory Richard Curnoe
Canadian

Mariposa T.T.
colour silkscreen on plexiglas
42 1/2 x 67 in 107.9 x 170.2 cm
signed, titled, editioned bon a tirer, and dated Dec. 1978 - Apr. 1979

Estimate: $18,000 - $24,000
Sold for: $40,250
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, November 24, 2005
Lot # 173



Gordon Appelbe Smith
Canadian

Howe Sound VII
acrylic on canvas, signed and on verso titled twice, dated 1976 twice
55 x 60 in 139.7 x 152.4 cm

Estimate: $8,000 - $10,000
Sold for a record: $31,625
(premium included)

Sale of Heffel Fine Art Auction House,
Thursday, May 22, 2008
Lot # 162



Media Contact:
For further information please contact:

Nina Kim
Director of Post-War & Contemporary Art
416 961 6505
nina@heffel.com

David Heffel 604 732 6505
david@heffel.com

Robert Heffel 604 732 6505
robert@heffel.com

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