New auctions start for Hudson's Bay blankets and art

As the legacy of Hudson's Bay Company continues to unfold, a new chapter is set to engage collectors and history enthusiasts alike. The latest series of auctions highlights not only valuable artifacts but also a unique glimpse into the storied past of Canada’s oldest retailer. From vintage treasures to contemporary art, there's something for everyone in these upcoming online sales.

Unique artifacts and collectibles up for auction

The current round of online auctions features a fascinating array of items that reflect the rich history of Hudson’s Bay. Among these treasures are:

• Gold coins and commemorative items
• Barbie dolls from the 1990s
• A replica cheque printed on a beaver pelt
• Inuit art prints and sculptures
• Antiques and company memorabilia

These auctions, launched by Heffel Fine Art Auction House, present a unique opportunity for collectors to acquire pieces that are not just valuable, but also steeped in cultural significance. Bidding for this round is set to close on January 27.

The context of Hudson's Bay Company’s dissolution

Hudson's Bay Company, once a retail giant, faced immense financial struggles leading to its recent dissolution. The company was granted court protection from creditors last March, burdened by over $1.1 billion in debt. After unsuccessful attempts to refinance, it was compelled to close all stores across Canada. This situation has prompted the sale of numerous assets as a means to repay debts.

Among the sold assets are:

• Leases of various store locations
• Intellectual property rights sold to Canadian Tire
• A significant collection of art and artifacts

The ongoing auctions are part of the effort to liquidate Hudson's Bay's vast collection, which includes over 1,700 pieces of art and 2,700 artifacts, a process expected to unfold over several months.

Highlights from the auction catalog

Each auction showcases a diverse selection of items, appealing to a wide range of collectors. Some notable examples include:

• A vintage hockey sweater from 1950 featuring the "H.B.C." badge
• A commemorative sword from 1973 marking the centennial of the Royal Canadian Mounted Police
• Collector’s items such as a 1940s cash register and model ships
• Promotional artifacts, including a movie poster for the 1940 film Hudson’s Bay

In addition to memorabilia, the auction features a variety of antiques and ephemera, echoing the historical significance of the Hudson's Bay brand.

Exploring the coin collection

Among the treasures available is a remarkable coin collection that includes:

• A $10 Canadian gold coin from 1912, one of the earliest produced by the Royal Mint in Ottawa
• American gold coins from the late 19th and early 20th centuries
• Commemorative coins and British currency from various eras

This collection not only represents monetary value but also serves as a historical record of currency evolution in Canada and beyond.

The iconic Hudson's Bay point blankets

Perhaps one of the most nostalgic collections is that of the Hudson's Bay point blankets, known for their distinctive designs and historical roots. These blankets were originally traded during the fur-trading era, with "points" sewn into the fabric indicating their value. Items of interest include:

• A rose-colored blanket dating back to circa 1930
• Multistripe designs, including a blanket from the mid-20th century
• Modern wool and fleece versions still made in Canada

The blankets serve as a symbol of the Hudson’s Bay legacy, cherished for both their utility and aesthetic appeal.

A glimpse into Inuit art

The auction also features a collection of Inuit soapstone sculptures, which have been part of Hudson’s Bay's offerings for years. Some of the most valuable pieces expected to attract attention include:

• Inuk with Pack by Lucassie Ikkidluak
• Man Eating by Kiawak Ashoona
• Animals and Hunter by Pudlalik Shaa, made with organic materials subject to export restrictions

These artworks not only represent significant cultural heritage but also highlight the craftsmanship of Inuit artists.

Valuable prints by Kenojuak Ashevak

Among the Inuit art prints, works by celebrated artist Kenojuak Ashevak stand out, particularly:

• The Enchanted Owl, a widely recognized image
• A Vision of Animals, estimated between $10,000 to $15,000

Other notable artists featured in the auction include Pudlo Pudlat and Josephie Pootoogook. These prints reflect both the artistic talent and the cultural narratives of the Inuit community.

Fine art selections from Canadian artists

A separate segment of the auction highlights fine art, including a 1979 print by Alexander Colville titled Cat and Artist, which carries an estimated value of $6,000 to $9,000. Other Canadian artists featured include:

• David Lloyd Blackwood
• Walter Joseph Phillips
• Douglas Forsythe

This selection underscores the diverse artistic expressions present in Canada, creating an appealing opportunity for collectors looking to acquire significant works.