18 March 2014 Archived
A rare and undocumented painting by the celebrated South African artist Stanley Pinker last night set a new world record for the artist when it sold for R3,4 million at Strauss & Co's auction having been hotly contested between ten telephone bidders and buyers in the packed auction room.
The painting Love gripped the imagination of buyers at the auction that proved the South African art market continues to show great strength for works of quality and that are fresh to the market. Other highlights were Irma Stern's Dakar Woman which sold for R6.6 million, Alexis Preller's Red Angel which sold for R2,8 million and a Harvest Scene by Maggie Laubser that sold for just under R2,3 million.
The sale of paintings and furniture from the RB Stuttaford Will Trust and the Estate Late Mrs DE Stuttaford-Burton realised over R3.1 million and was characterised by competitive bidding throughout. Two of the paintings' highlights include Robert Gwelo Goodman’s impressive View of Helderberg and the lovely Cape Town Docks and Table Bay which sold for R522,928 and R409 248 respectively.
The auction conducted by Strauss & Co in Cape Town totalled R40 million with a value sell-through rate of 88.49%.
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Top 10 Lots by Value
696 Irma Stern; Dakar Woman R6,593,440
745 Stanley Faraday Pinker; Love R3,410,400
706 Alexis Preller; Red Angel R2,842,000
692 Maggie (Maria Magdalena) Laubser; A Harvest Scene at Oortmanspost Farm, Malmesbury District R2,273,600
661 after Giovanni Paolo Pannini; A View of the Roman Forum R795,760
711 Alexis Preller; African Profile R625,240
666 Robert Gwelo Goodman; Helderberg R522,928
699 Wolf Kibel; Motherhood R 511,560
701 Irma Stern; Arab Man, Dakar R 511,560
685 Pieter Willem Frederick Wenning; An Eating House R477,456
Note to editors:
Strauss & Co is South Africa’s leading fine art auction house and the global leader in the South African art market. With an average turnover per annum in excess of R159 million and an average sell-through rate of 83%, Strauss & Co has sold the 8 most expensive paintings ever auctioned in South Africa and holds numerous artists’ records. Strauss & Co, founded on unsurpassed expertise and professionalism, is synonymous with top quality art, decorative arts and jewellery. Strauss & Co was established in 2008 by celebrated figures in the business world, Elisabeth Bradley, Dr Conrad Strauss and art doyen, Stephan Welz, with the purpose of placing auctioneering on a plane worthy of the best South Africa has to offer in both the fine and decorative arts.