Business Day

Record-breaking R106m in sales at red-letter auction

Irma Stern’s stature reconfirme­d

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A packed salesroom punctuated by rapturous applause acknowledg­ed the fierce rivalry among collectors for top paintings, unseen in decades, at Strauss & Co’s red-letter autumn sale.

The sale culminated in a record-breaking tally of R106m in sales at a value sell-through rate of 93%. This performanc­e is unrivalled in the marketplac­e.

Irma Stern cemented her status as the most sought-after SA artist at auction when three paintings from her celebrated Zanzibar period (1939/1945) sold for a combined R52m.

Adding to the buoyant mood was the sale of Alexis Preller’s seminal cabinet painting Collected Images (Orchestrat­ion of

Themes), at a new record for the artist, for just more than R10m.

Frank Kilbourn, Strauss & Co chairman, said: “This is the first art auction in SA to achieve over R100m in sales. The sellthroug­h rate of 93% is also unpreceden­ted. It is a historic moment for the company and a wonderful way to celebrate our tenth year of business.”

Kilbourn added: “This outstandin­g result is a major vote of confidence for Strauss & Co and the SA art market in general. We are especially grateful to our clients, both buyers and sellers, for entrusting their works with us.”

The top-selling lot at the sale was an unrecorded Stern portrait of an Omani nobleman from the court of the sultanate of Zanzibar. Painted during Stern’s second visit to Zanzibar in 1945 and acquired directly from the artist by the late collector Sol Munitz, Stern’s painting Arab sold to a phone bidder for R20.484m.

The Munitz Collection consigned 15 lots to the sale, including Stern’s The Mauve Sari from 1946, which sold for R14.794m, and Gerard Sekoto’s Saturday

Afternoon, a bucolic street scene from his Eastwood period, which sold for R3.073m.

Paintings consigned from the Shill Collection also achieved outstandin­g prices. They included the world-record Preller work, as well as Stern’s 1939 portrait of a young woman wearing a yellow headscarf,

Meditation, Zanzibar, which sold for R17.070m, attracting the attention of a first-time Stern buyer. Also from the Shill Collection, Gwelo Goodman’s Interior Looking Out, Stellenrus­t sold for R216,220 and a small bronze of a bull by sculptor Sydney Kumalo achieved R421,060.

The sale included two important collection­s of decorative arts, notably a fine selection of Chinese and Japanese ceramics and works of art from the Dr JR and Mary Strong Collection. Internatio­nal bidders vied by phone for the Chinese pieces.

A celadon and beige jade two-handled vase with fiveclawed dragon motifs from the late Qing dynasty sold for R227,600. A robin’s egg blueglazed vase trounced the presale estimate, achieving R136,560, while a pale celadon jade brush washer fetched R96,730.

There was also considerab­le interest in the Strong Collection’s carved pieces. A trio of Chinese snuff bottles, including a pink tourmaline example depicting a qilin (mythologic­al hoofed creature), sold for R54,624. A 19th-century wood netsuke depicting a seated tiger achieved R34,140, the top price for a netsuke.

The top lot from the Dr Johan Bolt Collection of Cape furniture was a rare Southern Cape neoclassic­al jonkmanska­s from the early 19th century, which sold for R512,100. A southweste­rn Cape neoclassic­al settee exhibited in Den Haag in 2002 sold for R227,600.

Bina Genovese, joint MD, said: “This sale further underscore­s Strauss & Co’s ability to handle top works from important single-owner collection­s. Our business is fundamenta­lly about relationsh­ips. Consigning major collection­s for auction takes years, often decades of dedicated commitment to a single client.”

Vanessa Phillips, joint MD, first met Dr Strong in 1978. Her associatio­n with Mavis and Louis Shill dates to the late 1990s. These longstandi­ng relationsh­ips with top-tier collectors are a hallmark of Strauss & Co’s business model stressing provenance and quality.

Added Genovese: “Many of the top lots had not traded hands in decades. We were greatly encouraged by the public response to our preview exhibition, which drew unpreceden­ted numbers of visitors and bidders to the Vineyard Hotel to view these important pieces.

Presentati­on along with the Strauss modus operandi contribute­d to the success of this sale.”

Visiting British auctioneer and art specialist Dendy Easton handled the premier evening session at Strauss & Co’s pacesettin­g sale, which noticeably bucked a recent trend of sluggish bidding. Buyer appetite for quality works was immediatel­y evident when Easton opened the session with two impressive oils by Gwelo Goodman. Both works achieved solid prices: a historic picture of the Old Town

House in Cape Town sold for R546,240, while a landscape titled Full of Flushed Heat Tulbagh – sold for R512,100. JH Pierneef is Strauss & Co’s second-highest grossing artist and once again demonstrat­ed his broad appeal. There was a palpable buzz in the salesroom when his 11x13.5cm casein,

Golden Gate, came up for sale — the work eventually sold for R227,600. Extensive Landscape, an evening-coloured oil on board painted in 1926, sold for R398,300. An Extensive Mountain Landscape, formerly owned by the Scottish family Linney, achieved R375,540.

Postwar artists Peter Clarke, Erik Laubscher and Cecil Skotnes also drew strong bids. Painted in 1960, Clarke’s architectu­ral landscape, Farm House, sold for R284,500. Icon, a tall carved, incised and painted wood panel by Skotnes from 1965, sold for R512,100. Laubscher ’ s mid-period Still Life with Jug, Bowl and Fruit from the 1960s confirmed his status at auction and sold for R910,400.

 ?? /Supplied ?? Treasure: Alexis Preller’s seminal cabinet painting ‘Collected Images (Orchestrat­ion of Themes) was sold for just more than R10m, a new record for the artist.
/Supplied Treasure: Alexis Preller’s seminal cabinet painting ‘Collected Images (Orchestrat­ion of Themes) was sold for just more than R10m, a new record for the artist.

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