Dreweatts Back On The Map For Traditional Pictures
Donnington Priory -Dreweatts' return to hosting traditional picture sales on Wednesday 25th March at Donnington Priory resulted in a strong combined total of £620,335 with 87% selling by lot. The success of both the Fine Pictures Sale and The Gallery Sale firmly places Donnington Priory as a destination for traditional and sporting art in the middle-market and demonstrates a strong appetite for keenly priced art from local and international private buyers.
James Harvey, Head of Traditional Art at Dreweatts commented after the sale; "Today's results are an encouraging step toward establishing Donnington Priory as a destination for traditional picture sales. Achieving solid prices in excess of estimates was a reflection of our decision to set tempting estimates in order to attract multiple bidders and deliver strong results for our vendors. The combination of the Fine Pictures and Gallery Sale auction format attracted a larger than usual private following who proved to be extremely receptive to the opportunity of a "retail offering at auction" - Our plan is to build on this success".
The top price of the day was paid for John Frederick Herring the Elder's Mr John Bowes' Mündig, Winner of the Derby Stakes at Epsom, 1835, which sold for £99,200 to a private buyer [estimate £80,000-120,000, Lot 9]. The Herring was the first of 28 sporting pictures in the sale which realised £187,314. James Harvey's specialist knowledge of the market saw an 86% sell rate for the sporting art in the sale with 78% selling to private buyers. Highlights included James Lywood Palmer's Sir Charles Assheton-Smith's "Cackler" sold for £7,440 to a private buyer [estimate £1,200-1,800, Lot 10], Francis Sartorius' The Hunt in Full Cry sold for £28,520 to a private buyer [estimate £15,000-20,000, Lot 196] and John Nost Sartorius' "The Great March" A Race between Hambletonian and Diamond sold for £10,540 to a private buyer [estimate £3,000-5,000, Lot 197].
Other highlights included Edward William Cooke's St Peter Port, Guernsey which sold for £16,740 [estimate £6,000-8,000, Lot 62] and Jivan Ram, Raja's Portrait of Lieutenant Jasper Trower, of the Bengal Horse Artillery which sold for £10,450 [estimate £2,000-3,000, Lot 37].
The auction also saw a group of fifteen Grand Tour drawing and watercolours by Edward Lear from the collection of John Scandrett Harford sell for a combined total of £46,872, with 100% selling by lot. The collection included ten preliminary studies later used in Lear's first volume of Illustrated Excursions in Italy, 1846, including Lago di Scanno, 1844 which sold for £4,712 [estimate £2,500-3,500 Lot 94].
Dreweatts & Bloomsbury Auctions are a UK 'top 5' auctioneer of fine art and collectibles. As part of Stanley Gibbons we are the only UK stock-exchange listed firm of auctioneers and occupy the same stable as coin specialists Baldwin's, and Frasers Autograph's. Established in 1759, we have the broadest and most regular calendar of specialist catalogued sales in the industry, numbering over 150 per annum, and provide vendors and buyers alike access to market-leading specialist advice in any number of collecting fields. We operate from salerooms in Donnington Priory (near Newbury), London's Mayfair, Bristol and Godalming.
Donnington Priory - 30th March 2015