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Newly discovered Tom Thomson fetches $126,500 at Maynards' Contemporary and Canadian Art Auction
The newly discovered Tom Thomson oil on board sold for $126,500.
VANCOUVER, BC.- Maynards Fine Art and Antiques announced that the newly discovered Tom Thomson oil on board sold for $126,500, at its Contemporary and Canadian Art Auction on Wednesday May 16, 2012. The Group of Seven Frederick Varley watercolour also found at the same yard sale sold for $7,475 (all sale prices include Buyer’s Premium).

Purchased together at an East Vancouver yard sale for less than one hundred dollars, both paintings were brought into Maynards Fine Art and Antiques for appraisal in early 2012. The newly discovered Thomson sketch of a lake in Algonquin Park is believed to be painted in Spring/Summer of 1915, two years before his untimely death. The winning bid was 2,530 times the original purchase price. The Varley watercolour brought 150 times its purchase price. It depicts a view of Sheffield, England, and it is believed Varley painted it prior to moving to Canada and becoming a member of the Group of Seven.

“We at Maynards are pleased on behalf of both the consigner and buyer of these pieces of true Canadian fine art,” stated Kate Bellringer, Director of Contemporary Art for Maynards Fine Art and Antiques. “It was a smart purchase, a good investment and a great ending to an incredible story.”

The experts in Maynards Fine Art and Antiques department are known for their meticulous attention to detail. In addition to auction consignments, their expertise is often called upon in private sales where their decades of knowledge assist in finding new and rewarding homes for significant art works. Maynards Vancouver recently moved from its landmark location at Cambie and 2nd Avenue to a new location at 1837 Main Street, featuring an 8,500 square foot auction gallery showroom. The showroom is open to the public from 9:00am to 5:00pm Monday-Friday and 10-4pm Saturday.

Today's News

May 18, 2012

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New National Gallery acquisition: Sir Thomas Lawrence's "Portrait of the Hon. Emily Mary Lamb"

Christie's to offer Fernando Botero's visual citation of renowned Flemish Renaissance painting

International Center of Photography opens exhibition of the work by Christer Strömholm

The Morgan holds first exhibition of its celebrated collection of fifteenth and sixteenth century Venetian drawings

Exhibition of new work by by Marlène Mocquet opens at Haunch of Venison in New York

Doyle New York sets world auction records in American Art, European Art, and Modern & Contemporary Art

Over 120 Association of Art Museum Directors member museums celebrate Art Museum Day on May 18th

Baltimore Museum of Art receives major gift of works by artist Morris Louis

Second National Indigenous Art Triennial opens at the National Gallery of Australia, Canberra

Phillips de Pury & Company announces highlights from its New York Latin America sale

Artists create an embassy for a fictional pan-Asian empire at the National Gallery of Victoria

Major new commission by Richard Rigg, "A Clearing" opens at BALTIC

Qianlong Emperor's seal heads home after selling for 3.4 million at Bonhams

Newly discovered Tom Thomson fetches $126,500 at Maynards' Contemporary and Canadian Art Auction

California museum gets big gift to build shuttle exhibit

Huge Marilyn Monroe statue arrives in Palm Springs

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