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Rhodes statue led Welz to success
30 May 2010
Auctioneer Stephan Welz, the head of art auctioneers Strauss & Co, owes his success largely to a visit to Cape Town, where it seemed as if the statue of Cecil John Rhodes in The Gardens, next to the National Gallery, had a message for him:
He couldn’t have been given better advice, for when he came north, he found doors being opened for him.
He didn’t just climb the ladder, he galloped up it. He is the third of five sons of artists Jean and Inger Welz, who owned an art and antique gallery in Worcester in the Cape. He has a BCom degree from Unisa, where he also worked in administrative posts, assisting artist Walter Battiss in the Department of Fine Arts.
After he left Unisa in 1970, he says: “I was lucky enough to be employed by Sotheby’s shortly after they started in South Africa. Reinhold Cassirer (Nadine Gordimer’s husband) headed it at the time. He was very good to me, and he opened many doors.” Welz was appointed to the board of Sotheby’s Parke Bernet SA in 1974. He became its executive director in 1975, its managing director in 1980, and he was appointed to the directorate of Sotheby’s International in the same year. In 1983, he became a director of Sotheby’s London, and he worked in Amsterdam.
Local management bought out Sotheby’s auctioneering interests in 1987 and renamed the company Stephan Welz & Co. Welz sold that business at the end of 2006, and recently joined Strauss & Co.
Welz (who ”is edging 70″) has been in the auctioneering business for 35 years. He conducted his first auction in 1975 for Sotheby’s London, where he was also trained to be an auctioneer. He is passing on his knowledge to two would-be auctioneers. He is regarded as one of South Africa’s most knowledgeable art experts and auctioneers, but he has also conducted house sales, as well as game sales for Anglo American Corporation.
He had a television slot on Saturday mornings, which was aimed at those who wanted to learn more about art, antiques and fine furniture. Currently, he does informative video clips on Strauss & Co’s website.
The most amusing incident he can recall happened at a game sale for Anglo, when a hedgehog that came under the hammer “escaped, and caused consternation, spoiling that sale”. The lowest price he ever got was R5 at a house sale for staff clothing, which apparently was worth considerably more. To illustrate how people can and do make money when they sell what they bought on auction, he recalls selling an Irma Stern painting for R5800 in 1976, and selling it again last year for R5.6-million. Those two prices, obtained for the same work of art, illustrate he is right when he says: “South Africa’s perception of art improved considerably after November 1999, when the R1-million barrier was breached for an Irma Stern still life.
”We turned over slightly more than R40-million last night (May 24), which proves there’s still life in the art market in these depressing times,” says Welz, who is upbeat about auctioneering and its future. He believes it is more professional, its presentations are much better “and, very importantly, the perception of auctioneering has improved considerably”.
2010 Press Releases
December
- 1 Dec 2010 Chairman's Review 2010
- 1 Dec 2010 Voorsitters Oorsig
- 9 Dec 2010 Pick of the crop
November
- 1 Nov 2010 Art market grabs investor's imagination and opens pockets at Strauss & Co Auction
- 12 Nov 2010 A sparkling array
- 25 Nov 2010 Strauss & Co: Artists Records Achieved, 2010
October
- 11 Oct 2010 New record for South African art
- 18 Oct 2010 Strauss & Co set a new record for South African art
- 19 Oct 2010 Millions for South African Paintings
September
August
- 3 Aug 2010 Jewellery Week at Strauss & Co
- 30 Aug 2010 Ruth First and Lilian Ngoyi Celebrated in Artwork at Auction
- 31 Aug 2010 Pierneef attracts wide interest
July
- 23 Jul 2010 Another Irma Stern Still Life Poised to Break Auction Records
- 23 Jul 2010 Valuation Day at The Marine, Hermanus
June
- 25 Jun 2010 Forthcoming Cape Town Auction
- 26 Jun 2010 Stanley Pinker's, The Wheel of Life, 1974, to be offered for sale in Cape Town on 11 October 2010
May
- 2 May 2010 Artists with a passion for Africa
- 3 May 2010 Important work by Deborah Bell on auction at Strauss & Co Johannesburg, 24 May 2010
- 10 May 2010 Maud Sumner - "a sound investment"
- 18 May 2010 Auction of Important South African, British and Continental Paintings and Sculpture
- 25 May 2010 Four South African Still Lifes sell for R22 million
- 30 May 2010 Rhodes statue led Welz to success
March
- 16 Mar 2010 Bad News proves to be good news
- 25 Mar 2010 Irma Stern - Still Life with Dahlias and Fruit
February
- 1 Feb 2010 Edith Dodo Estate Collection
- 8 Feb 2010 Anton Van Wouw - Bad News
- 8 Feb 2010 Jane Alexander - Racework