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Strauss & Co's bumper year ends on a resounding high note
13 Nov 2017
Strauss & Co’s fourth and final live auction of 2017 ended on a high note in Johannesburg, with combined sales totalling R76 million. The exceptional result, achieved on a solid 84.32% value sell-through rate, helped push the company’s annual turnover into record territory. Combined sales for the financial year to date are R322 584 601.
“Consistency lies at the heart of our excellent results,” said Strauss & Co’s chairperson Frank Kilbourn. “Throughout the year, Strauss & Co has dependably brought top quality works to the market at realistic estimates, enabling our clients, both buyers and sellers, to benefit from high sell through rates and several record prices. We are committed to keep on innovating to expand both the range of works offered and the audience we serve.”
A day of lively bidding saw exceptional prices achieved for blue-chip artists like Alexis Preller, Irma Stern and Gerard Sekoto. There was great anticipation around Preller’s transformative study of a wounded soldier, Fleurs du Mal, which drew on the painter’s experiences as a stretcher-bearer and medic in World War Two. The work sold for R8 184 960, well above the high estimate.
“In the last two years, Preller has emerged as South Africa’s leading post-war painter,” said Bina Genovese, Strauss & Co’s joint managing director, who knocked down Fleurs du Mal. Genovese additionally handled Flower King, a handsome allegorical portrait from 1968 that sold for R3 296 720; Horseman, a small oil from 1950 that achieved R1 932 560; and Sea Amphora, a 1962 work depicting a vessel-like form that brought in R1 705 200. Added Genovese: “Strauss & Co continues to play a leading role in giving this leading artist the prominence he deserves.”
Strauss & Co Johannesburg sale in brief:
- Total sales: R75 822 357
- Value sell-through rate: 84.32%
- Top lot: Alexis Preller, Fleurs du Mal, sold for R8 184 960
- Artist highlights: exceptional prices achieved for Breyten Breyetenbach, Ernst de Jongh, William Kentridge, Gerard Sekoto, Mary Sibande, Moses Tladi, Harold Voigt and Gordon Vortser
Strauss and Co’s final sale, an online-only auction, runs Friday, 17 November to Monday, 27 November.
Press enquiries
Bina Genovese
bina@straussart.co.za
2017 Press Releases
November
- 6 Nov 2017 Namibian artists feature prominently in Strauss & Co's upcoming Johannesburg auction
- 7 Nov 2017 Kumalo's lost Madala comes to market
- 13 Nov 2017 A deeper insight into Strauss & Co's bumper Johannesburg sale
- 13 Nov 2017 Strauss & Co's bumper year ends on a resounding high note
- 13 Nov 2017 Top 10 Lots, 13 November 2017
October
- 4 Oct 2017 Maggie Laubser & 2019 important portrait of shepherd part of Strauss & Co 2019 solid offering
- 16 Oct 2017 Solid all-round performance at Strauss & Co's upbeat spring sale in Cape Town
- 16 Oct 2017 Top Ten Lots, 16 October 2017
- 20 Oct 2017 Lost & Found: Strauss & Co offers lost works by Preller and Kumalo
- 24 Oct 2017 Distinction and diversity a hallmark of Strauss & Co's upcoming Johannesburg sale
September
- 20 Sep 2017 Two drawings from William Kentridge's early films on offer at Strauss & Co's 16 October auction in Cape Town
August
July
- 4 Jul 2017 August Art Month at Welgemeend looks at art from the 1950s to the 70s
- 6 Jul 2017 Welgemeend and Boerneef Art Collection - Programme
- 20 Jul 2017 Art month at Welgemeend / August 2017
- 26 Jul 2017 Abstraction: South African Art from the 50s to the 70s
June
- 1 Jun 2017 Pierneef masterpiece goes under the hammer for the first time
- 5 Jun 2017 Top Ten Lots, 5 June 2017
- 6 Jun 2017 Unseen Pierneef Smashes Records at Strauss & Co
May
- 2 May 2017 Strauss & Co proudly supports the Friends of the South African Pavilion at Biennale Arte Venice 2017.
- 9 May 2017 Strauss & Co valuation road show heads to Eastern Cape
- 25 May 2017 Face value: Striking portraits on offer Strauss & Co 2019 Joburg sale
- 25 May 2017 Prime views: Strauss & Co sale features exceptional landscapes by SA masters
April
March
- 6 Mar 2017 Strauss & Co sets new SA record for single-auction turnover
- 6 Mar 2017 Top Ten Lots, 6 March 2017
February