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churchill marrakech heffel sale 2025 1234762685

A Winston Churchill painting, *Churchill’s Marrakech* (circa 1935), sold for $1.3 million at Heffel Fine Art Auction House in Toronto, more than double its high estimate of $600,000. The work was the top lot in a 27-lot sale of deaccessioned works from the Hudson’s Bay Company corporate collection, which realized $4.9 million in total hammer price. Churchill had gifted the painting to his wife, Lady Clementine Ogilvy Spencer-Churchill, who donated it to Hudson’s Bay in 1956.

churchill painting hudsons bay company auction 2700846

The Hudson's Bay Company, a historic Canadian department store chain that declared bankruptcy in March, began selling off its art collection. On November 19, 27 paintings from the retailer's trove were auctioned by Canadian auction house Heffel, all selling well above estimate. The top lot was an impressionistic painting of a Marrakech street by Winston Churchill, which sold for $1.5 million, more than tripling its low estimate. Other notable sales included Frederic Marlett Bell-Smith's 'Lights of a City Street' at $691,250 and works by William von Moll Berczy and Charles Pachter.

Heffel’s autumn sales, including auction of art from collection of Canada’s oldest company, tally $22.1m

Heffel Fine Art Auction House held its marquee autumn sales in Toronto on November 19, featuring four auctions that included works from the collection of the Hudson's Bay Company, North America's oldest company, which declared bankruptcy earlier this year. The marathon series of sales also included a single-owner auction of the late collector Lillian Mayland McKimm's holdings and two multi-owner sales of Canadian, Impressionist, modern, post-war, and contemporary art. Over 16 artists' secondary market records were broken, with total sales reaching C$31 million ($22.1 million). Notable highlights included E.J. Hughes' 'Entrance to Howe Sound' selling for C$4.8 million, more than doubling his previous record, and Winston Churchill's painting 'Marrakech' fetching C$1.5 million.