An upcoming auction will feature a rare watercolour painting by Frederick Horsman Varley, titled Arctic Islands, created in 1938. The artwork, measuring 22.9 x 30.5 cm, is set to go under the hammer on Thursday, October 29, 2026, as part of the Works by the Group of Seven & Their Contemporaries sale at Heffel Fine Art Auction House.
The painting, executed in watercolour on paper, carries an estimated price range of 8,000-12,000 CAD (approximately 5,634-8,451 USD). It bears the artist's signature, a title and date on the verso, and is stamped with the Varley Inventory stamp #7279. The piece has a notable provenance, having been previously held by the Masters Gallery in Calgary and a private collection in Victoria.
Interested bidders can preview the artwork at Heffel's Vancouver location. The auction house advises potential buyers to review the condition report for this lot. All prices listed are in Canadian Dollars.