Pierneef landscape fetches world record
AN AUCTION of South African art in Joburg has made R60 million. This included a Pierneef which reached almost R12m. The sale was “a major boost for the South African art market that is particularly indicative of the demand for quality work by respected artists”, said Bina Genovese for Strauss and Co which ran the auction.
“The top lot of the sale was a landscape by JH Pierneef which realised R11.936m, a new world record for the artist. Fourteen of the fifteen Pierneefs on offer sold exceptionally well, in many instances exceeding the auctioneer’s pre-sale estimates.”
Other highlights were the Harry Lits collection of works by the Amadlozi Group which totalled R9.6m, double its pre-sale estimate, and Sydney Kumalo’s celebrated sculpture Man on Beast which sold for R1.25m, five times more than the pre-sale estimate.
“Another highlight was William Kentridge’s Drawing for Stereoscope: Soho at Desk on Telephone which sold for R4m, followed by his Extensive Landscape with Figures and Swimming Pool which made just over R3m,” said Genovese.