MOSSGREEN ANNOUNCES NEW SERIES OF CONTEMPORARY ART AUCTIONS, LAUNCHING APRIL 2017

Rhiannon Broomfield | 11-Oct-2016
Mossgreen, Australia's leading art business, today announced the launch of a new series of curated contemporary art auctions, representing the only auctions of their kind in Australia. Overseen by former deputy director of the National Gallery of Victoria Frances Lindsay and leading contemporary art consultant Melissa Loughnan, Mossgreen's inaugural Contemporary Art Auction will be held in Sydney on 10 April 2017 offering key works created after 1970 by contemporary artists from Australia, New Zealand and throughout the world. The move marks an investment by Mossgreen to establish an important secondary market in Australia for artists who are at the forefront of contemporary art. @mossgreen_official
Venue: Mossgreen
Address: 36-40 Queen Street, Woollahra, Sydney, Australia
Date: 10-Apr-17
Time: 6pm
Ticket: Free
Web: www.mossgreen.com.au
: https://www.facebook.com/mossgreengallery
: https://www.instagram.com/mossgreen_official/
EMail: mail@mossgreen.com.au
Call: 61291951900
Photo credit Mossgreen
Sydney, Australia - Mossgreen, Australia's leading art business, today announced the launch of a new series of curated contemporary art auctions, representing the only auctions of their kind in Australia. Overseen by former deputy director of the National Gallery of Victoria Frances Lindsay and leading contemporary art consultant Melissa Loughnan, Mossgreen's inaugural Contemporary Art Auction will be held in Sydney on 10 April 2017 offering key works created after 1970 by contemporary artists from Australia, New Zealand and throughout the world. The move marks an investment by Mossgreen to establish an important secondary market in Australia for artists who are at the forefront of contemporary art.

An exhibition of works to be offered in the inaugural Mossgreen Contemporary Art Auction will be presented at Mossgreen in Melbourne from 1 to 2 April 2017, followed by an exhibition at the recently opened Mossgreen Sydney headquarters in Queen Street, Woollahra from 7 to 10 April 2017. The inaugural auction will be held in Sydney on 10 April 2017, with future contemporary art auctions to be shared between Mossgreen's Melbourne and Sydney bases.

Paul Sumner, CEO of Mossgreen, said: "It is widely accepted that the gulf between the gallery market and the auction market for Australian contemporary art needs addressing. Mossgreen is determined to do this and so is launching contemporary art auctions, headed by very respected academic Frances Lindsay AM and influential gallerist Melissa Loughnan.

Mr Sumner continued: "This major stand-alone auction to showcase the most important contemporary art, will give the field its rightful prominence and it is our determined wish that in so doing we will further the careers and market for major contemporary artists.

Mossgreen Contemporary Art Auctions will be overseen by Frances Lindsay, Head of Australian and Contemporary Art, Melissa Loughnan, Contemporary Art Auction Consultant and Sophie Coupland, Director of Art at Mossgreen-Webb's, New Zealand. There will be a five-year cut-off period for consignments, meaning that works must be dated 2012 or earlier. Mossgreen are now accepting submissions for works to include in the sale, closing on 2 December 2016.

The auctions will be governed by a set of criteria to ensure integrity and quality with a carefully curated selection of significant works by the most important artists. Mossgreen will take a carefully considered, long-term approach to the development of the auctions, seeking to collaborate closely with all stakeholders including dealers, collectors, academics and commentators.

Art consultant Amanda Love commented: "Museum quality contemporary art is the powerhouse which, increasingly, is driving global markets. It is a situation ready for the picking here in Australia, where the sector has all but been ignored by auction houses with little wish to engage with the new, or educate their clients accordingly. While record prices are achieved regularly in London and New York, catalogue covers here have recycled the same 10 artists for the last 30 years. I am thrilled to see a contemporary light at the end of the tunnel."

Sally Dan-Cuthbert, Art Consultant commented: "Mossgreen has positioned itself in the secondary market as a dynamic and thoughtful player. The development of a specialist contemporary arm within Mossgreen promising exceptional sales, should be something public galleries, commercial galleries and collectors support. I am looking forward to introducing my clients to a 'new' way of being able to collect and sell Australian contemporary art."

The announcement follows Mossgreen's recent record-breaking auction of 497 Max Dupain photographs sourced from a single owner collection that collected more than $1 million on 19 June 2016. Max Dupain was the inaugural exhibition and auction presented in Mossgreen's Sydney showrooms, situated over three levels of the historic 1880s The Bond building in the heart of Sydney's art district in Woollahra.

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