Bonham’s Two-Part Sale Builds On a Trend
Artdaily.org gives the details:
Bonhams fourth and largest sale of South African Art, 450 lots divided into two sales, one at Bonhams in Knightsbridge on September 9 and one in Bonhams in Bond Street on September 10 is expected to set new records. Over the past two decades South African art prices have risen gently, but in the past five years there has been a marked acceleration with the work of top artists such as Irma Stern, Maggie Laubscher, Pierneef and Gerard Sekoto. Price increases have been between 500 and 1,000 per cent over the past five years as keen collectors as well as investors have been attracted to this previously little appreciated art genre.