mid-twentieth century paintings triumph at strauss & co’s vibrant johannesburg auction week

Archived

Mid-twentieth century paintings triumph at Strauss & Co’s vibrant Johannesburg Auction Week

12 Nov 2021

Collectors from more than a dozen countries participated in Johannesburg Auction Week, Strauss & Co’s innovative programme of live virtual sales featuring outstanding examples of South African art and wine.

Painters JH Pierneef, Alexis Preller and Vladimir Tretchikoff topped the ranking of most valuable works sold in the three-day series of auctions. Strauss & Co established a new world record for abstract painter Douglas Portway and sold every lot in a session devoted to ceramic sculpture by Hylton Nel and Nico Masemola.

The combined total from all the lots sold at Johannesburg Auction Week was R67.4 million. The fine art department brought in the lion’s share of R65 million, including works from the collection of Professor Jan Coetzee, offered in a standalone session. The wine department hosted a sale focused on fine and rare wines from South Africa and Bordeaux that earned R1.1 million. The white-glove sale of works by Nel and Masemola, also offered in a dedicated session, earned R1.3 million, doubling the high estimate.

“The South African art market has managed to weather a difficult few years, with collectors demonstrating interest on par with pre-pandemic levels,” says Strauss & Co chairperson Frank Kilbourn, who attended Johannesburg Auction Week. “This is encouraging news for everyone in the art industry, not just the secondary market.”

Commenting on the enthusiasm for works by JH Pierneef and Vladimir Tretchikoff presented in special in-session artist focuses, Kilbourn says: “The demand from collectors for earlier twentieth century painting remains conspicuously strong, especially for Pierneef. We sold all 15 fifteen Pierneef lots on offer, achieving a combined total of R25.4 million, which was well above the estimate of R18.9 million for these works. Tretchikoff also delivered robust returns for sellers, realising R7.9 million from five lots sold, an improvement of more than R3.5 million over the pre-sale estimate.”

The top five lots by value sold during Johannesburg Auction Week were all painted in the 1940s and 50s. The top-selling individual lot was Pierneef’s 1952 landscape scene Bushveld, Pafuri, which sold to a telephone bidder R11.6 million. Preller’s seminal Adam and Eve, a symbolically loaded and joyously intricate painting from 1955, sold for R8.7 million.

“This is how I’d like to start every sale,” remarked auctioneer Alastair Meredith at the start of the premier session featuring a trove of ten Pierneef paintings, including Bushveld, Pafuri. Fierce bidding between telephone and online bidders saw Pierneef’s Doringboom (Thorn Tree), a rust-coloured composition from 1943, sell for R3.2 million. A room bidder secured Pierneef’s undated Mountain Landscape near Clarens for R3.2 million. Auctioneer Susie Goodman knocked down Tretchikoff’s undated painting Ballerina for R2.4 million.

Goodman, an executive director at Strauss & Co, says: “It was an extraordinary sale, with some wonderful highs. Notwithstanding slack demand for contemporary art, we achieved better than expected results for photographs by David Goldblatt and Zanele Muholi in our dedicated session. We also achieved strong prices for George Pemba and Hannes Harrs. We logged 21 bids for Douglas Portway’s remarkable Abstract Composition in Blue, from 1973. The sale price of R1.4 million is a new benchmark price for this influential painter.”

Johannesburg Auction Week commenced on 7 November with a sale devoted to fine and rare Bordeaux-themed wines. French and South African producers shared the top honours. A six-bottle case of six French first growths from the 1998 – Cheval Blanc, Lafite Rothschild, Latour, Margaux, Mouton Rothschild and Petrus – sold for R204 840. A Wine Cellar VIP 2015 selection of 43 cases of mostly Bordeaux-inspired Cape wines, including the Tim Atkin 100 point Paul Sauer and five-star Platter Le Riche Reserve, also sold for R204 840.

All 51 lots in Perfectly Imperfect, a specialist session composed entirely of a single-owner collection of ceramic sculpture by Hylton Nel and Nico Masemola, found buyers. “This extraordinary collection was pieced together over many years by a Cape Town couple and reflected their personal friendship with Nel, a self-described artist potter who lives in Calitzdorp,” said Vanessa Phillips, Strauss & Co’s joint managing director and head of the decorative arts department.

The top-selling lot was Sphinx, a 25cm high figural work made by Nel in 2009-10. Fierce rivalry between two online bidders saw this sardonic interpretation of the winged monster of Thebes sell for R125 180, well above estimate. Nel posted four of the five top results. Two of his works featuring cats attracted enthusiastic bids. Male and Female Green Cats from 2013 sold R96 730. Made four years earlier, Resting Cat went to an online bidder for R68 280. Two bovine works by Masemola, a student of Nel, charmed collectors. Black and White Spotted Bull from 2015 sold for R56 900 and White Cow from 2009 achieved R54 624.

Professor Jan K Coetzee is a respected collector and well-known participant in South African intellectual life. The top-selling lots in the specialist session dedicated to this single-owner collection reflected Coetzee’s affinity for artists represented by the Goodman Gallery, in particular William Kentridge, Robert Hodgins and Diane Victor. A library of 74 books by and about Kentridge sold for R227 600.

“Johannesburg Auction Week follows on earlier initiatives like our North/South in 2020, where we innovatively present work from our three departments,” says Strauss & Co’s joint managing director Bina Genovese, who handled the winning telephone bid for Pierneef’s Bushveld, Pafuri. “I was delighted by the positive response to our artist focuses on Pierneef, Tretchikoff and Dylan Lewis. The overwhelming response to our specialist session devoted to art ceramics follows on an innovation introduced in 2020, and I am delighted to see the sustained enthusiasm for this medium among our collectors.”


2021 Press Releases


December

November

October

September

August

July

June

May

April

March

February