Similarly, the work of beloved BC artist Emily Carr is gaining international recognition within the art market. Carr’s work has just finished its first international solo show, held at the Dulwich Picture Gallery in London with great success.
19th century Canadian art is in its heyday within the international market, and its future prospects appear increasingly promising.
On the home front, Canadian collectors, especially those in Vancouver, are beginning to embrace the international trend towards postwar and contemporary art. This trend is no new phenomenon in the international market. The total sales estimate for Christie’s New York’s upcoming Modern and Contemporary art sale is set at a record-breaking $2.5 billion (US)!
Historically Canadian buyers are not as active within the market for contemporary work, however, last year a photograph by internationally renowned Vancouver photographer Jeff Wall was sold in a Canadian post-war and contemporary art auction at Heffel auction house; an unprecedented occurrence within the Canadian market due to Wall’s overwhelming international success. This new trend is echoed in increasing sales prices at auction.
By: Mairead O Brien