Davson’s $5.2m Record Art Sale

by Celia Berrell

The sale of Davson’s painting Points of View has surpassed all previous prices for a painting by a living Australian artist. At $5.2 million, Points of View has dramatically surpassed the record set last year by a smaller Davson artwork.

Points of View was created as three continuous canvases by Davson in 1985. It was originally commissioned by Norman Hepburn for his then Central Coast resort for $12,000. Since that time the painting has changed hands several times.

Boyd Nelson of Whitehead Gupta Lawyers, issued the following statement on behalf of the new owner:

“Macquarie Trustee NZ Ltd is happy to announce its acquisition of the painting “Points of View”. The 1.37 x 5.5 metre (4.5 by 18 foot) painting was Davson’s second major art commission. We regard it as a significant work in Davson’s career, as well as an important work in the history of Australian art.

“Given the comparatively small out-put by this remarkable internationally accredited artist, Macquarie Trustee NZ Ltd regards $5.2 million for ‘Points of View’ as an excellent buy. With much of Davson’s art sold before being created, it is very rare to have the opportunity to acquire such a major early painting by her.

“‘Points of View’ is an iconic Davson work lavishly themed with her signature jig-saw puzzle pieces, and includes subtle personal motifs woven into the expansive canvas. It is an opportune investment in this leading female artist’s work. Macquarie Trustees NZ Ltd is very pleased to have procured the painting.”

This $5.2 million (US$5.35m) sale places Davson third in the world ranking by value for a painting by a living female artist. Marlene Dumas currently holds this record with a sale value of US$6.3 million for her painting The Visitor; a US$5.8 million work by Yayoi Kusama from Tokyo is second. Cady Noland takes the overall value record for art by a living female artist for a US$6.6 million sculpture.

Achieving the highest sales price for a living artist within a country is predominantly a male domain. Davson is currently the only female holding this title. It is quite telling that she, and Australia, have achieved this record twice in a row! She first achieved this ranking in 2011 with her smaller painting 1.22m by 1.52 m (4ft by 5ft) On The Ark of Salvation which sold for $1.3 million.

Davson said, “I am delighted about the sale of “Points of View”. It’s testimony to all those who have believed in my work over the past decades. I trust it will also be of encouragement to women artists everywhere that in this 21st Century the ‘glass ceiling’ in the arts is finally being shattered. I am also elated that the sales value reflects that art doesn’t need to be confronting or shocking to be considered of high worth. It is time for works that inspire and uplift to have their ‘turn in the sun’. All the best. Thank you.”

Davson’s art is represented in public collections including in the Hikaru Memorial Museum in Takayama, Japan, the Museum and Art Gallery of the Northern Territory in Darwin and 40 public art gallery, city or university collections. Her art is also represented in 2 Royal collections and over 60 corporate collections in Australia, the USA, Japan and New Zealand.

From 1999 to 2002, Davson’s major retrospective exhibition With Gratitude For The Light toured 14 public regional art galleries throughout Queensland, New South Wales, Victoria and South Australia. It showcased 63 artworks dating from 1972 to 1999. ‘Points of View’ featured in this inspirational touring exhibition.

The majority of these exhibition pieces were borrowed back from public, corporate and private collections, including the Museum & Art Gallery of the Northern Territory, Coro Corp. New Zealand & Hawaii, Cathay Pacific Airways, Konica Australia, the Rooty Hill RSL Club & Resort, the Win Davson Art Gallery & Museum and the private collection of James Fairfax AO.

2008-11 saw another retrospective exhibition Davson – World Leaders and Enlightenment tour. This featured art works from 1973 to 2007 which were mainly borrowed from superannuation
fund collections.

Davson currently resides in Newcastle NSW. Her art and its benefits to the immediate and broader communities are held in high regard. Davson has recently been supported as the creative leader of a new Spiritualism in art and is readily identified as a Personal Globalist. She established two charities, assisting endangered species and promoting world peace, and continues to participate in benefitting other community organisations.

Over 300 world-renowned leaders have supported her work. From cultural, entertainment and sporting arenas, they have included Sir Edmund Hillary, Neil Diamond, Paul Newman, Sir Cliff Richard, Dame Joan Sutherland, Sir Nigel Mansell, Mario Andretti, Pete Sampras, Linda Evangelista, the Hon. Pat Farmer, Layne Beachley, Cathy Freeman, Andre Agassi, Bon Jovi and many more.

Davson was recently a significant sponsor of Pat Farmer’s Pole to Pole run, and the official artist to the event. Both are major achievers in their respective worlds.

A realistic visionary, Davson is… the artist world leaders follow.

Contact Davson Art management to acquire her art from $5,000 and upwards; to learn more about why Davson’s art has experienced better than approximately 20% per annum growth for collector/investors for more than two decades; or to find out more about the Artists of the Ark.

Leave a Reply

Your email address will not be published. Required fields are marked *

Country Associated with Currency?