Description
Description
Year: 2008
Medium: Acrylic on Linen
Image Size: 1800mm x 1200mm
Signature: Signed on Rear (SOR)
Documentation: Certificate of Authenticity (CoA)
Plus 4 Working Photos
Catalogue No: AD5984MN
Provenance: Aboriginal Dreamtime Gallery
Winner of the Aboriginal and Torrens Strait
Islander Award – Darwin 2008
AIAM Overall Ranking: 38
AIAM Market Ranking: 34 (2018)
Aboriginal & Torrens Strait Islander Award Info. Links:
http://www.magnt.net.au/#!telstra-natsiaa-art-award-awards-2015/c1a8n
https://en.wikipedia.org/wiki/National_Aboriginal_%26_Torres_Strait_Islander_Art_Award
http://gallery.discoverymedia.com.au/artzinePub/story.asp?id=381§ion=IndgRes
Top 10 Artworks Sold at Auction:
1
Untitled, 1997
auction: Deutscher and Hackett , Sydney lot: 106 date: 08/03/2015
153 x 122 cm Synthetic polymer paint on linen $105,600.00
2
Lupulnga 2003
auction: Sotheby’s Australia Pty. Ltd., Melbourne lot: 129 date: 31/07/2006
152 x 183 cm Synthetic polymer paint on linen $72,000.00
3
Kungka Kutjarra (Two Women), Hair String, 2003
auction: Lawson~Menzies, Sydney lot: 49 date: 31/05/2005
300 x 180 cm Synthetic polymer paint on linen $60,000.00
4
Lupulnga, 2002
auction: Deutscher and Hackett , Melbourne lot: 48 date: 19/10/2016
183 x 152.5 cm Synthetic polymer paint on linen $54,900.00
5
Rockhole Site Of Lupulnga (2001)
auction: Sotheby’s Australia, Melbourne lot: 36 date: 07/06/2011
183 x 152 cm Synthetic polymer paint on linen $48,000.00
6
Lupulnga 2000
auction: Mossgreen Auctions, Melbourne lot: 10 date: 08/04/2008
137 x 122 cm Acrylic on linen $45,410.00
7
Untitled, 2004
auction: Mossgreen Auctions, Melbourne lot: 17 date: 14/08/2007
153 x 122 cm Acrylic on linen $38,240.00
8
(I) Two Women’s Travels To The Site South Of Lake Macdonald, 1998; (Ii) Two Women’s Digging For West
auction: Deutscher and Hackett , Melbourne lot: 149 date: 27/11/2013
91 x 61 cm; 91 x 46 Synthetic polymer paint on linen $36,000.00
9
Rocks At Lupulnga 2000
auction: Sotheby’s Australia Pty. Ltd., Melbourne lot: 90 date: 25/07/2005
153 x 122 cm Synthetic polymer paint on linen $35,750.00
10
Untitled (Rockhole Site of Lupulnga) (2002)
auction: Sotheby’s Australia, Sydney lot: 66 date: 18/10/2011
153 x 122 cm Synthetic polymer paint on linen $31,200.00
Market Analysis
While Makinti Napanangka appeared regularly between 2003 and 2006 amongst the ’50 Most Collectable Artists’ in Art Collector magazine, her work varies greatly in quality and became increasingly untidy from the beginning of 2007 until her death in 2011. Nine of the top ten highest prices are all for relatively large works equal or greater than 122 x 152 cm in size while the vast majority of her lesser results have been for relatively minor paintings or paintings with provenance other than Papunya Tula Artists.
It was in fact a non-Papunya Tula painting which set a record for the artist in May 2005 at Lawson~Menzies when sold for $60,000 against a presale estimate of $50,000-60,000. The work was originally purchased from Central Art in Alice Springs and accompanied by a 40-minute video of the artist painting at various stages throughout its creation. This record was broken the following year when Sotheby’s sold a beautiful Papunya Tula painting Lupulnga 2003 in July 2006 for $72,000 against a presale estimate of $60,000-80,000. Still, with only 28 works sold for more than $10,000, all but a tiny number of her higher priced works have Papunya Tula provenance.
Surprisingly 65 works, with many fine paintings amongst them, have sold for less than $5,000. These have included a number of relatively large pieces sold principally through Lawson~Menzies and Shapiro Auctioneers between 2003 and 2005.
Makinti’s fortunes at auction have been mixed. In 2007 Mossgreen set a top ten record for a rather crudely executed Papunya Tula work in August (Lot 17) carrying an estimate of $25,000-35,000, while two extremely accomplished paintings carrying estimates of $12,000-18,000 at Sotheby’s and $35,000-40,000 at Lawson~Menzies failed to sell.
In 2009 three works sold above $15,000, while she was the 9th best performing artist during 2011 with an impressive total sales of just under $300,000. In that year two new records entered her top ten. Sales between 2012 and 2014 were not good with more works failing than finding new homes. She bounced back however in 2015 and finished as the 12th most successful during that year. Thirteen works sold of 17 offered including an Untitled painting created in 1997, which set a new record for the artist when sold for $105,000 in Deutscher and Hackett’s sale of the important Laverty Collection. The painting was atypical for a work with PT provenance and more closely resembled those created for independent dealers post-2005. Nevertheless it sold for almost three times its high presale estimate. Her 2015 results saw her rise from 45th most successful artist of the movement to 43rd.
While only six of 13 works on offer sold in 2016, Lupulnga 2002, a lovely example of her finest works measuring 183 x 152.5 cm sold from the USA based Lucso Family Collection at Deutscher & Hackett for $54,900 (Lot 48) setting a new 4th highest record for the artist. 2017 saw middling results, save for a 122 x 122 cm work with PT provenance that sold for $26,840, exceeding its high estimate by over $6,000.
Papunya Tula provenance invariably adds greatly to the value of Makinti’s works, even though the quality of the image is often the ultimate determiner of value. Though her greatest output occurred during the last 5 years of her life, she had not begun to paint until late in life and her output was relatively small. Of the 202 works offered for sale the vast majority have been small and these have depressed her average considerably. Expect the prices of these smaller paintings to rise considerably over time and her major works to fetch an ever-increasing premium as the primary market for her work has now dried up.
