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Aboriginal Art Breaks Record

AAP
May 23, 2007

Rebecca Richards (C) from Sotheby's, walks past an aboriginal artwork
Rebecca Richards (C) from Sotheby's, walks past an aboriginal artwork "Yam Story III" by Emily Kame Kngwarreye, in Sydney, 20 July 2006. To mark the occasion of the 10th anniversary of its Aboriginal Art department, Sotheby's is holding an auction of 130 Aboriginal masterworks sourced from collections in Europe, the United States and throughout Australia. (Greg Wood/AFP/Getty Images)



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SYDNEY - A painting fetched a world record price for a work by an Aboriginal artist at an auction in Sydney tonight.

Emily Kame Kngwarreye's (Kngwarreye) Earth's Creation sold for $1,056,000 at the Lawson-Menzies Aboriginal art auction in Sydney.

The four-panel piece, which was completed in the year before the artist's death in 1996, was sold to Tim Jennings of the Mbantua Gallery in Alice Springs.

Auction house Lawson-Menzies' head of Aboriginal Art, Adrian Newstead, said the sale achieved a world record for the artist and for Australian Aboriginal art.

"The sale more than doubled the artist's former record," Mr Newstead said.

"The result shows the growing strength of the Aboriginal art market as a source of premium investment works."

The former record for Aboriginal art was $775,000 for Rover Thomas' All That Rain Coming Down.


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