Once again a Tom Thomson sketch sold for over a million dollars at auction. Last night, View From a Height, Algonquin Park, sold for $1,207,500 at Joyner Waddington in Toronto. The following is an excerpt from Joyner Waddington's press release:

Tom Thomson and the Group of Seven continued their dominance of prices in the Canadian Auction Market during Joyner Waddington’s Spring Auction of Important Canadian Art.

View From A Height, Algonquin Park, 1916, an 8 x 10 ins oil sketch by Tom Thomson sold for $1,207,500 on Tuesday evening (all prices include buyer’s premium). The price was the third highest ever recorded for the iconic painter who died under mysterious circumstances in 1917. Joyner Waddington’s was delighted with the result for the “compositional masterpiece”. “This incredible work by Thomson was admired by many during our auction previews and certainly deserves the result it achieved this evening, a price that exceeded the high end of our pre-sale auction estimate”, commented Rob Cowley, Director of Joyner Waddington’s.

Is this good or bad news? Probably a silly question for an artist to ask.