Why South African art nowadays easily fetches millions around the world

(Click here to learn how to get hundreds of the very best, most important modern art books on Earth for FREE.)

On Tuesday, Giles Peppiatt and Hannah O’Leary of Bonhams, the international fine art auction house, gave a presentation at the Irma Stern Museum on the dramatic global rise in the value of South African art over the past decade.

Bonhams achieved a world record (R54-million) for the most expensive work of art by a South African artist ever to be sold (Irma Stern’s “Arab Priest”).

Peppiatt and O’Leary are credited with being the two people most responsible for creating an international market for South African art over the last decade.

They spoke for the first time about how this international market was created and analysed the huge investment value of contemporary South African and African art.

In the audio below Giles Peppiatt speaks about their presentation…

(Click here to learn how to get hundreds of the very best, most important modern art books on Earth for FREE.)


This article first appeared on 702 : Why South African art nowadays easily fetches millions around the world


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Can body corporates increase levies willy nilly?

Can body corporates increase levies willy nilly?

What do you do if your body corporate just informs you that levies will be going up without any form of prior discussions?

Mitchells Plain Hospital to sterilise 67 women for #Mandela100

Mitchells Plain Hospital to sterilise 67 women for #Mandela100

Some of these women have been waiting for years to have access to this procedure which will be made a reality on Saturday.

Zwelihle residents not happy with Bheki Cele, wanted him to leave

Zwelihle residents not happy with Bheki Cele, wanted him to leave

Police minister visited Zwelihle in Hermanus amidst violent protests but he was chased out because he didn't want to hear them out.

Gerrie Nel confident Thandi Modise will be prosecuted for animal cruelty

Gerrie Nel confident Thandi Modise will be prosecuted for animal cruelty

Prosecutor Gerrie Nel says that people can’t be sheltered from prosecution based on who they are or their political party.

Helen Zille calls on Minister Cele to involve SANDF in Hermanus protests

Helen Zille calls on Minister Cele to involve SANDF in Hermanus protests

Premier of WC Helen Zille shares memorable moments of Madiba, and chats about radicalised youth who are behaving brutally.

Get hundreds of the very best, most important modern art books on Earth for FREE

Get hundreds of the very best, most important modern art books on Earth for FREE

Quality modern art books don’t come cheap, they come free, thanks to the generosity of the world-famous Guggenheim museum.

Popular articles
Competition Commission denies allegations of corruption

Competition Commission denies allegations of corruption

Commissioner at Competition Commission, Tembinkosi Bonakele says the allegations leveled against them are utter rubbish.

Parents no longer have to travel with children's birth certificates

Parents no longer have to travel with children's birth certificates

The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.

The story of amaBhungane (and how it’s digging up dung on the Guptas & friends)

The story of amaBhungane (and how it’s digging up dung on the Guptas & friends)

The Money Show’s Bruce Whitfield interviews amaBhungane Centre for Investigative Journalism Investigative Journalist Craig McKune.

Meet Elmar Conradie, CEO of low-cost FlySafair (world’s most on-time airline)

Meet Elmar Conradie, CEO of low-cost FlySafair (world’s most on-time airline)

The Money Show’s Bruce Whitfield interviews Conradie for his “ShapeShifter” feature.