The last sketch by artist Jack B. Yeats, drawn while he lay dying in a Dublin nursing home, sells at auction in London on February 8, 2011 for £5,760. Roundabout Ponies far exceeds its estimate of £1,500- £2,000 at the inaugural Irish Sale at Bonhams, the New Bond Street fine art auctioneers.

The pen-and-ink drawing on writing paper, which measures just over 5 inches by 4 inches, is sold by a family who had inherited it from the matron of the Portobello Nursing Home. The artist had presented the sketch to Teresa O’Sullivan, with whom he had become friendly, two days before he died on March 28, 1957.

Bonhams says the picture had attracted considerable interest because it was the last work done by Yeats and described it as “a little gem [which] exhibits the unique artistic vitality he had right to the end.”

The sketch is bought by an unnamed “private London buyer.” The auction is the first test of the international demand for Irish art in 2011 and the overall results are disappointing. Among the unsold works are the two highest-priced paintings: The Cat Among the Stars, an oil-on-board, also by Jack B. Yeats, and Image of Francis Bacon No. 18, a watercolour by Louis le Brocquy.

Commenting afterwards, Penny Day, the County Laois-born head of Irish Art at Bonhams, says, “We have made a start in the toughest time imaginable and have had mixed results, but I am pretty confident we will be able to sell all the pictures that did not sell in the auction with post-sale deals.”

(From: “Jack B Yeats’ deathbed sketch sells for three times it estimate” by Michael Parsons, The Irish Times, February 10, 2011)