SINGAPORE – The biggest assortment of works by the late Brother Joseph McNally went below the hammer over the weekend however failed to boost a focused $600,000 for the HopeHouse.
Solely 18 out of 42 works by the founding father of the Lasalle Faculty of the Arts have been offered, netting $221,000 for the midway home run by the La Salle Brothers.
Mr David Fu, director of 33 Public sale, which dealt with the public sale, mentioned: “Many of the works offered have been small-sized ones which noticed some intense bidding.”
These small works additionally exceeded pre-sale estimates. Untitled (Hugging) fetched $28,000, exceeding the pre-sale estimate of $15,000 to $20,000, whereas Leaping Fish went for $9,500, in contrast with the estimate of $5,000 to $7,000.
The most costly work offered was Lady In The Moon, which went for $36,000, together with purchaser’s premium, adopted by Untitled (Hugging) at $33,600 and Untitled (Spirit Of Mahogany) at $26,400.
Mr Fu, 38, mentioned that bigger works discovered fewer takers. “From the response, collectors appear to search out the dimensions a limiting think about deciding their purchases, therefore the bigger-sized works weren’t as standard.”
These embody a 2m-tall bronze work, a 1.43m-tall bathroom wooden sculpture and multimedia items in metallic and different supplies.
Ms Diana Lim, 62, an artwork collector who was serving to the La Salle Brothers with the sale, mentioned the outcomes have been disappointing. She will probably be discussing subsequent steps with Mr Fu and hopes the remainder of the works will discover new takers.
She mentioned: “The dimensions of the leftover works are extra suited to company workplaces, constructing lobbies and entrance desk areas.”
Mr Fu added: “The works are nonetheless open for potential gross sales and will probably be returned at a later date.”