A 2006 oil on acrylic on canvas sells for $55,000 at an auction at the International Art Centre in Auckland last night.
Flagship piece, Vive Aramoana (pictured), sells for $183,000.
"I am sure he enjoyed having it on his wall. That is the main reason to buy art. Any increase is just a bonus."
“Wealthy people don’t want to put their money into property or the sharemarket or finance companies. They’re seeing art as a very strong asset class.” – Auckland gallery director Gary Langsford
"Art is a much better way to ship millions out of a country when currency controls go up."
Pieces for next month's auction include Vive Aramoana, which fetched a record price in 2002.
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