Goldie painting fetches more than $500,000 at Auckland auction

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A painting by one of New Zealand’s most highly-regarded artists has fetched over half a million dollars at auction.

The painting, Memories Rakapa, by Charles F Goldie​, which depicts an elderly, yet unknown Māori wahine sold for $450,000 at a Parnell auction house on Wednesday evening. But with the GST and commission added on top that rises to $540,000.

Auctioneers had speculated it would sell for between $500,000 and $600,000.

Charles Goldie painting expected to fetch close to $600,000 at auction.

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Charles Goldie painting expected to fetch close to $600,000 at auction.

The work was painted in 1910 and has been in a private collection since 1927, when it was bought for £262.10.

Goldie is one of New Zealand’s most highly-regarded and sought after painters.

Earlier this year, one of his paintings, Te Hau-Takiru Wharepapa, sold for a record price of $1.88 million.

Richard Thomson​, who conducted the auction at the International Art Centre, said Goldie’s work was revered, with few who could match his artistic skill.

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“He can bring out the emotion and the personality of his subjects like no other artist and that is recognised by his many fans who cannot get enough,” Thomson said​.

“Every time a Goldie work becomes available for sale, it is extremely well received and popular.”

Goldie died in 1947 and was considered an iconic painter in New Zealand art history.