Matisse auction marks Heffel’s rising global ambitions GlobeArts
Matisse’s Femme assise sur un balcon was executed in Nice in 1919 and consigned from a private collection in Monaco to Heffel Fine Art Auction House for a sale of Canadian and international art to be held on Wednesday.If a painting by Henri Matisse sells for millions in Toronto next week it will probably set a new Canadian auction record for international art – “probably,” only because such sales are so rare no one really knows what the previous record might be.
“The world needs more Canada and it needs more Canadian art,” president David Heffel said. “The game changer is having multimillion dollar works by international masters consigned to Canada by non-Canadians … We are not going to overcome New York, London or Hong Kong but we are going to move up the ladder and the Matisse is a first step.
Heffel and its chief competitor in Toronto, Waddington’s, both point out that Canadian auctions have a well-established history of selling international art to foreigners. Although the difficulty of exporting masterpieces from Canada has made headlines in recent months, neither auctioneer is worried that government regulations will get in the way of expanding foreign sales. Heffel had challenged federal regulations that can delay the export of important historic art that has been in Canada 35 years or more, after it sold a painting by the 19th-century French artist Gustave Caillebotte to a British dealer in 2016 only to have it stopped at the border.
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