Pallas Projects/Studios (PP/S) have announced details of their first ever benefit auction of contemporary Irish art, held on 9th October 2014, in the Irish Georgian Society’s City Assembly Hall in Dublin with special guest Ardal O’Hanlon. The event was the first time a commercial auction house and non-profit arts space have collaborated in this way in Ireland.
With the aid of Whyte’s auction house (who ran the auction as a philanthropic endeavour forgoing fees), 75% of lots were sold, fetching almost €27,000. After overheads from staging the event (and a 20% commission going to the exhibiting artists), net proceeds of almost €20,000 will directly benefit Pallas Projects’ exhibition space. Sale prices ranged from €156 to €2,400 and many works exceeded their estimates: Kathy Tynan – an emerging artist who has a studio at PP/S – was in attendance to witness her work almost doubling the high estimate at €960, while in the firmly established category Robert Ballagh’s powerful print of Pat Finucane tripled its low reserve price.
Pallas Projects/Studios, an ‘artist-run’ space currently housed in a former school in The Coombe, has been breaking new ground for contemporary art at its grassroots since its inception in 1996, taking over locations as diverse as a semi-derelict block of flats, the galleries of The Hugh Lane, to a former milking parlour in Smithfield, to mount exhibitions of Irish and international artists. As well as its fundraising purpose, the auction continued Pallas Projects/Studios’ mission to develop and expand opportunities and audiences for contemporary art, and it saw works by several young artists go under the hammer for the first time.