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.

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