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  Irma Stern (South African 1894-1966) "PONDO WOMAN"

Estimate R1 500 000 - R2 500 000

Stephan Welz and Co.’s auctions have become highly anticipated events with collectors paying top prices to acquire works that are of good quality, rare and fresh to the market. Interest in South African art continues to grow and was confirmed by the R26, 339, 800 result of the sale of the Kahn collection in Cape Town on February 13th 2007. Numerous auction records have been established within the last two years which can, to a large measure, be attributed to our high level of scholarship, expertise and understanding of the market. In addition, our association with Sotheby’s gives us unlimited access to the expertise of their specialists worldwide who regularly visit South Africa to present lectures and offer valuations.

 

Our recent successes also underline our continued ability to capture not only a nationwide but also a worldwide audience.

 

Recent auction records include:

 

Irma Stern “Indian Woman” sold for R 7 260 000 

Maggie Laubser “Mother and Child” sold for R 4 400 000 

JH Pierneef “Bushveld Landscape” sold for R 2 970 000 

Hugo Naude “Springtime, Namaqualand” sold for R 1 430 000 

Tinus de Jongh “A Canal in a Rural Landscape” sold for R 715 000 

Jean Welz “Still Life with Violin” sold for R 606 000 

Gregoire Boonzaier “House with Peach Tree in Blossom” sold for R 605 000 

Maurice van Essche “Grape Pickers” sold for R 440 000 

Eleanor Esmonde-White “Mother & Children Paddling” sold for R 352 000 

 

Three times a year major sales take place in Johannesburg, with another three in Cape Town. These auctions also include a section devoted to important fine arts. While the accent of our sales is on works by South African artists, or works of southern African interest, the categories of British, Continental, Old Master, Nineteenth-Century, Modern and Contemporary Paintings, Drawings, Prints and Sculpture are well represented. A variety of moderately valued property is also included.

 

Recent sales have yielded record prices for some of the more popular South African impressionist and expressionist artists (evergreens such as Pierneef, Naudé, Stern, Oerder, Mohl, Sekoto, Preller, Sumner, Laubser and Welz), while among the works of contemporary artists which usually attract attention are Kentridge, Nel, Hodgins, Skotnes, Villa, Catherine, Ngatane and Battiss.

 

Art as Investment

Art as Investment with high net yield expectation to regard, is not a particularly new idea. It drew for the first time larger attention - and criticism - on itself, when before approximately 30 years it admits became that the British Railway had invested pension find in art - approximately 50 million dollar. The project proved with a net yield of four per cent over the inflation rate as successful, and there the market for art and antiques at least in parts the stock market ueberfluegelte, was emerging funds, which invested into the art market, only a natural development. Nevertheless they still belong into the category of the "exotic" funds as wine fund - about Vinum of Blue Capital - and other one.