Daily Archives: May 6, 2012

Amac Auction Action

Sunday was a big day in Melbourne’s street art calendar and yet there was no aerosol in the air – it had been replaced by the smell of money. I’ve been following in blog posts the progress of street art moving from the street, into the gallery and now into the auction house. Not that this is the first street art auction in Melbourne but the Andy Mac Collection is an important event and Leonard Joel is a major art auction house.

For over a decade Andy Mac (aka Amac) has been involvement with Melbourne’s street art. He established City Lights (in Centre Place 1996 and in Hosier Lane in 1998) and then Until Never gallery in 2005. He is the first person for a media or documentary interview on Melbourne’s street art. He has also been a serious collector, not just of street art but also skateboards, ceramics and rock band posters for a quarter of a century.

The auction is a serious operation with a full colour newsprint catalogue, receptionists, and a floor talk by Andy Mac on the Saturday before the auction. Viewing of the Andy Mac Collection – “street and fine art from Citylights Project 1992-2012” had been open all week at Leonard Joel auction house in South Yarra. And the publicity for the auction had been going since March (my father sent me a clipping from The Australian 3/4/12 about the auction – that’s what people did before the advent of the online world). There is a lot of money at stake in this auction, an expected $350,000. Andy Mac will get his superannuation retirement investment. And Leonard Joel will get the 22% buyers premium along with a percentage of the auction price. And some artists may have a game changing moment in their career.

The viewing room was a major exhibition of street art itself, complete with catalogue. Three walls at one end of Leonard Joel’s converted old schoolrooms were covered in wall panels of stencils from 2004, the Freeze Muthastika. This collaborative work was painted at the Big Day Out in 2004 and consists of 72 panels (measuring over 30 metres in length, or 60 sq metres approx). Two sets of these panels were sold for $28,000 and the other two were passed in passed in.

Scattered amongst the stencil art there is a signature David Waters sculpture made from foam ($350), beautiful Marcos Davidson rings and one his spectacular assemblages (unsold). It seemed like everything was up for sale, including the perpex tables from Until Never gallery. The “very rare 1957 Featherston Series 21 chair” signed Amac, Rubin, Braddock, Terror and Sync might be bought for the chair or the signatures (sold for $1500 ). Industrial double sided step ladder, Lot 419 “Blue fiberglass construction helmet” estimated at $100 – $200 (Tell them they’re dreaming!) (unsold)

On Sunday the auction room was packed; they even had to bring out more chairs to put another row down the back although numbers thinned after an hour. Along one side of the room there was a table of telephones and laptops attended by assistants dealt with the phone and online bidding. Lots were displayed digitally on two screens and there were over 500 lots to get through (so I did not stay to report on all the details).

Art collector Andrew King started the bidding on the first lot up for auction and over the course of auction added many works to his extensive street art collection. (For more about Andrew King and Sandra Powell’s collection see CDH’s interview with them on Invurt). King was not alone in the bidding and there was sometimes stiff competition for particular works. J.D. Mittman, the former gallery director of Famous When Dead was also bidding, seated at the back of the room with the artist, Adi. There weren’t many artists in attendance; Adi, Miso and Seldom were the only artists that I recognized.

The auction house estimates were on the optimistic side and it was rare for a lot to go above that price. A few lots went unsold, most of those due to the bidding falling just shy of the reserve price. Some lots achieved different prices depending on the colour of paint sprayed through same stencil by an unknown artist: 84. brown (unsold), 85. red (unsold), 86. purple (sold $200) 87. black (sold $260). Other lots achieved different prices depending on the subject of the art. You can see the auction results for yourself at Leonard Joel’s website (all prices quoted exclude the 22% buyers premium).

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