South African Art breaks records at £2.5m auction
South African Art breaks records at 2.5m auction
Six world records were smashed at Bonhams last weekend
Bonham's sixth sale of South African art in London yesterday made a total 2.5m.
The auction saw new world record prices achieved for six artists:
Christo Coetzee: still life with fruit, a banjo, and a birdcage sold for 64,800, four times the previous record for the artist
Maud Frances Eyston Sumner: The Sea of Galilee sold for 62,400; some 20% more than the previous record
John Meyer: Ripplemead turnoff sold for 18,000 - a new record.
Dumile Feni-Mhlaba: Lion and cub sold for 12,000; doubling the previous record for the artist.
Jurgen Schadeberg: Nelson Mandela in his law office, Johannesburg, 1952 sold for 6,000.
And Stella Shawzin: Hero washerwoman unframed sold for 5,040 again a world record for the artist.
However the top lot was a glowing Irma Stern titled 'ripe fields' which made 252,000 against an estimate of 150-200,000.
The sale offered further proof of the merits of art investment. The market is not just for millionaires. investment pieces are available for as little as 5,000 per piece.
If you are interested in building an art portfolio please do not hesitate to contact us +44 (0) 117 933 9500 or email@example.com