Irma Stern works still shiny
Strauss & Co breaks another record
Strauss & Co broke its turnover record for a single auction, generating more than R70m on Monday.
And again, an Irma Stern painting, Young Arab was the star of the night, selling for R13.6m.
Bina Genovese, Strauss & Co’s joint MD, says the auction figures show that there is strong confidence in SA’s art market, especially for contemporary works.
Strauss & Co also holds the record for a Stern: Two Arabs sold for R21.5m in 2011.
Young Arab, a gestural portrait, was painted during Stern’s visit to the Congo in 1942 and was bought for £40.
It was sold and bought by private collectors on Monday night.
Maggie Laubser’s Shepherd Seated with his Flock sold for R3.97m and JH Pierneef’s late-career study Bushveld Landscape went under the hammer for R2.27m.