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Artwork by Aboriginal woman fetches record price

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The acclaimed Australian contemporary painting, Earth’s Creation I, was recently sold by Fine Art Bourse auctions

A painting by the late Emily Kame Kngwarreye has sold for £1.2million (about R20.3m), the highest price yet paid for any Australian female artist on auction.

The acclaimed Australian contemporary painting, Earth’s Creation I, was recently sold by Fine Art Bourse auctions, breaking its own record for the highest price achieved at auction for an Australian female artist.

It broke the world auction record for an Aboriginal artist, previously set by Clifford Possum’s Going, Going, Gone, sold in Australia for $2.4m in July 2007.

Fine Art Bourse (FAB) and Cooee Art Marketplace, the new partnership behind the auction, revealed that Earth’s Creation* was acquired by Tim Olsen, who recently established a gallery in New York on behalf of a client.

FAB auctioneer Tim Goodman said: “This has been a highlight of my 40-year career in auctions.

“This sale will go a long way to breathing life back into the Aboriginal art market.”

The painting has shown at the National Gallery Japan, National Museum of Osaka, other global galleries and the Venice Biennale, the most impressive exhibition history of a contemporary Australian painting.

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