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Dublin: 11 °C Saturday 25 October, 2014

For sale! Auction of Anglo art to be held next week

The sale is part of the liquidation process of the Irish Bank Resolution Corporation and features works valued at up to €12,000 from some of Ireland’s most sought after artists.

FANCY GRABBING SOME of Anglo Irish Bank before it’s consigned to history? Well bring your cheque book to an art auction next week featuring paintings and other works that hung on the the walls of the former bank.

The sale is part of the liquidation process of  the Irish Bank Resolution Corporation  (IBRC) and features works from prominent Irish artists including Louis le Brocquy, Stephen McKenna,and Felim Egan.

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(Basket and Vessels (1996) by Stephen Kenna valued at €8,000 – €12,000. Pic: Adam’s Auctioneers)

Adam’s Auctioneers are to conduct the sale next Tuesday evening under the instruction of IBRC’s liquidators KPMG.  Over 130 lots of paintings, sculptures and prints  are to be put on sale with price estimates of between €20 all the way up to €12,000. The collection was amassed over a number of years, and was displayed in Anglo’s various public and private offices.

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(Portico (1991) by Chung Eun Mo valued at €3,000 – €5,000. Pic: Adam’s Auctioneers)

Amongst the highlights of the collection are canvases by Dublin artist Felim Egan whose works are on display in the atrium in the National Gallery of Ireland and in many private and corporate collections.

The late Louis le Brocquy also features with his 1997 watercolour ‘Being’ due to go under the hammer with a €5,000 valuation.

Managing director at Adam’s James O’Halloran said that the auction house has already had a number of enquiries from regular collectors about some of the well-know works ahead of viewings beginning on Sunday.

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(‘Being’ (1997) by Louis le Brocquy valued at €3,000 – €5,000. Pic: Adam’s Auctioneers)

O’Halloran explained that there are no specifics about which offices each piece painting hung or indeed if there if they were on display at all. He added that although the highlights of the auction are undoubtedly the rare canvases there are many cheaper items included:

To be honest with you, everything had been storage before we received them. A lot of the smaller things, the prints for example  are there because the liquidators were keen to dispose of as much of possible.

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(‘The Salmon’ (2002) by Pauline Bewick valued at €3,000 – €5,000 Pic: Adam’s Auctioneers)

The auction is due to take place on Tuesday 3 September in Adam’s Auctioneers on St Stephen’s Green with details of the entire catalogue and viewing times available here.

Read: Your chance to own ‘a bit of Irish history’ as Anglo furniture to be auctioned off >
Read: Data breach involving payments to current and former IBRC staff >

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