"Churchill's Marrakech (circa 1935), offered at Heffel Fine Art Auction House in Toronto as part of a 27-lot sale of works deaccessioned from the Hudson's Bay Company's corporate collection, sold for $1.3 million-more than double its high estimate of $600,000. It was the top lot in a sale that realized $4.9 million in total hammer price. Churchill gifted the painting to his wife, Lady Clementine Ogilvy Spencer-Churchil, who in turn donated it to Hudson's Bay in 1956."
"Though Wednesday's result is far below the artist's auction record, it is notable for a regional sale. Churchill's highest price was set in 2021 when The Tower of Koutoubia Mosque -his only wartime painting, created after the Casablanca Conference and gifted to Franklin D. Roosevelt-sold for £8.3 million ($11.5 million) at Christie's London from actress Angelina Jolie's Jolie Family Collection."
"A number of works, including pieces by Walter J. Phillips and Adam Sherriff Scott, far surpassed their presale estimates. Churchill began painting at age 40 and produced more than 500 works over the course of his life. Market interest in his landscapes-particularly his Moroccan views-has grown steadily over the past decade, buoyed by celebrity provenance, museum exhibitions, and the crossover appeal of a statesman-artist whose canvases blend political history with personal retreat."
Heffel Fine Art Auction House in Toronto sold Winston Churchill's Marrakech (circa 1935) for $1.3 million, more than double its $600,000 high estimate, as the top lot in a 27-lot sale deaccessioning works from the Hudson's Bay Company. The painting, gifted to Lady Clementine and donated to Hudson's Bay in 1956, displays the warm light and vivid palette of Marrakech. The sale totaled $4.9 million in hammer price and was notable for a regional venue despite being well below Churchill's auction record. Market interest in Churchill's Moroccan landscapes has increased, aided by celebrity provenance and exhibitions.
Read at ARTnews.com
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