Kentridge work is highlight at today’s sale
Artworks, collectables on offer in Joburg Investor interest returns despite country’s challenges
5TH AVENUE Auctioneers’ first 2018 sale of art, antiques and collectables in Joburg today will be highlighted by an important collection of art, with works by William Kentridge, Frans Claerhout, Diederick During and Adriaan Boshoff on offer.
Works expected to attract strong bidding include Kentridge’s charcoal etching, Head, which is predicted to fetch up to R500 000, testimony to his status as the most successful living South African artist, and a bronze sculpture by Claerhout of a Half-kneeling Fisherman, pictured, which has a pre-sale estimate of between R100 000 and R150 000.
The 59cm-high bronze is the ninth of only 11 cast.
Some of the other major artists whose works will be on offer at the auction include Robert Gwelo Goodman, Maud Sumner, Alexandra Ross, Errol Boyley, Portchie, Christiaan Nice, JH Pierneef, Gabriel de Jongh, Welcome Koboka, JEA Volschenk, Walter Battiss, Hennie Griesel, Hennie Niemann, Carl Buchner, Judith Mason, Chris Tugwell, Casey van der Leek, and Ignatius Marx.
There are 75 lots of Regency, Victorian, Edwardian and other antique furniture and more than interesting collectables for this auction, including estate jewellery and hallmarked silver, porcelain, glassware, bronze sculptures as well as an extensive array of Oriental collectables.
The catalogue includes 103 lots of Persian carpets, rugs and runners, including pure silk Kashmiri and Qum, large fine Nain, Mashad, Kashan, Ardakan, Khorasan, Ravar Kerman, Yazd, Najafabad, Tabriz, and Joshegan items and several modern tufted rugs and carpets.
Telephone or commission bids are accepted for the full inventory listed on the website www.5thaveauctions.co.za or viewed via the Apple and Google app stores (search for 5th Avenue Auctioneers).
For more details call 011 781 2040. – Auctions Writer WHILE the economy still faces challenges and headwinds, renewed confidence in the property market is translating into more positive sentiment all round, with investors again showing serious interest in buying, says Norman Raad, chief executive of Broll Auctions and Sales.
“Although there is still a way to go, we are certainly better off than we were two months ago. The petrol price has come down, the mood has improved as dealing with corruption seems to really be taking place, and there is a relieved feeling on the ground that the situation is improving and better things lie ahead for South Africa.
“Coupled with this, the rand is strengthening and that makes most things cheaper. Hopefully, downgrades are a thing of the past and South Africa won’t remain in junk status for much longer.
“For Broll, the year got off to a good start with the phones ringing again and buyers looking to make sound acquisitions.
“While rental growth is muted as tenants continue to seek relief, business in general is likely to increase and new developments are likely to start happening again. Typically, in a year’s time we will look back and ask ourselves why we didn’t invest more.
“As the year gets further under way, we will find more corporates selling non-core assets or vacant properties,” Raad says.