Lowry picture fails to sell

LS Lowry drawing Yachts which is thought to be the earliest surviving Lowry drawing. It was completed at Lytham St Annes in 1902, when Lowry was 15

LS Lowry drawing Yachts which is thought to be the earliest surviving Lowry drawing. It was completed at Lytham St Annes in 1902, when Lowry was 15

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A famous picture of yachts in Lytham by L.S. Lowry is still up for grabs.

‘Yachts’, which Lowry drew when he was a teenager and which is thought to be Lowry’s oldest surviving drawing, was expected to fetch around £40,000 at an auction at Bonhams in London on Wednesday.

But it failed to sell with no indication from the auctioneers whether it failed to reach its reserve price.

The two and a half inches by four and a half inches pencil drawing, simply titled ‘Yachts’ was done by Lowry in 1902, when he was only 15-years- old – and long before he became famous.

Auctioneers Bonhams confirm: “Yachts is thought to be the earliest surviving drawing by the artist executed at 15 years of age and listed as No.1 in Mervyn Levy’s The Drawings of L.S.Lowry.

“It was completed in Lytham, where the Lowry family often spent their summer holidays and is a poignant introduction to the artist’s long and celebrated career.”

The drawing was later owned by Lowry’s friend, Leo Solomon, who was principal of Rochdale Art College.

It was exhibited at the Royal Academy in London in 1976,the year Lowry died.

In 1930, when she was in her 70s, Lowry’s mother, Elizabeth, asked her son to paint a picture, titled ‘Sailing Boats’ and perhaps for that reason Lowry never parted with the picture, which always hung in the artist’s front room.