20 March 2015 Archived
Prices for South African and international art soared at Strauss & Co's auction held Monday night in Cape Town. The sale achieved a total of R50 million with a value sell-through rate of over 84%, once again the highest in the current market.
A popular work by Ed Young of Emeritus Archbishop Tutu swinging from a chandelier sold for R852 600, far exceeding pre-sale estimates.
After the sale the auctioneer commented:
"The auction proved that great art, well presented, will always achieve great results."
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