Alleged burglars arrested but Goldie painting worth ‘well over $500,000’ still missing

A painting by CF Goldie was among the items stolen from a house in Hamilton East in late December or early January.

Delivered

A painting by CF Goldie was among the items stolen from a house in Hamilton East in late December or early January.

Three people have been arrested in relation to art and antiques stolen in Hamilton, but a painting believed to be an original by one of New Zealand’s most famous artists is still missing.

The break-in occurred between December 27, 2020 and January 3, 2021 in the Hamilton East area.

A painting titled Sleep ’tis a Gentle Thing by New Zealand artist Charles Frederick Goldie has been stolen. It is said to be worth “well over half a million dollars”.

Some other unique art and antiques were also included.

CONTINUE READING:
* Goldie painting stolen “well over $ 500,000” in Waikato break-in
* Dame Kiri Te Kanawa’s multi-million dollar art collection is up for auction
* Thieves in the white limousine raid the Fallenfront clothing store in Raglan

Police recovered stolen property after searching a Hamilton address on Saturday.

Three men aged 41, 45 and 49 were due to appear in the Hamilton District Court on Monday and will be charged with burglary together.

However, police are still looking for the Goldie painting and are asking for information that could lead to its recovery.

JASON DORDAY / Stuff.co.nz

Charles Frederick Goldie’s last major work of art was A Noble Relic of a Noble Race, auctioned for $ 1,377,600. This video was first published in April 2016.

Charles Ninow, head of the Webb auction house, looked at a photo of the stolen painting and said the piece was an original worth “well over half a million dollars.”

“It’s very unlikely to be a fake because it has a sheen at an angle and you can tell it has a pretty heavy brush stroke,” said Ninow.

“Goldie painted the primer layer on the canvas in a pattern and then applied a fairly heavy varnish. The fact that it has that would suggest it is an original. “

Ninow said the last time the original item was sold was on another auction house for $ 280,000 in 2012.

If it were a fake, paintings like the works of the famous scammer Karl Sim would cost hundreds of dollars, but they are not “valued” works.

“It’s worth a lot more now, well over half a million dollars. I would have to see it in the flesh to really get a true sense of its value, but you’re seeing a price between half a million and just under a million. “

Three men were charged with burglary and were due to appear in Hamilton District Court on Monday.

Christel Yardley / Stuff

Three men were charged with burglary and were due to appear in Hamilton District Court on Monday.

The rise in prices was due to fewer and fewer Goldie paintings being put on the market, he said.

“These are amazing investments. They go up and down every year. Most of the people who buy them are not buying them to sell them to make a profit. “

The stolen painting by Ngāti Maru and Ngāti Paoa boss Hori Pokai was made in 1933 when Goldie was 63 years old.

Goldie’s most expensive piece, A Noble Relic of a Noble Race, by Wharekauri Tahuna, head of Ngāti Manawa, sold for $ 1,337,687 at auction in Auckland in 2016.

When pictures are stolen, “they tend to go underground” because “no one in the art world will touch them,” Ninow said.

Police said art theft was on the rise after finding more than 30 works of art stolen from several homes in the Coromandel area in recent months.

Anyone with any information can call the police on 105 or provide information anonymously through CrimeStoppers on 0800 555 111.

Comments are closed.