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.)

702 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 702 community a safe and welcoming space for all.

702 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.

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

Read More
Child spanking outlawed as court scraps use of 'reasonable chastisement' defence

Child spanking outlawed as court scraps use of 'reasonable chastisement' defence

The defence of reasonable chastisement of children has been declared unconstitutional in the Johannesburg High Court on Thursday.

SPCA expected to probe illegal bush racing in WC after Carte Blanche expose

SPCA expected to probe illegal bush racing in WC after Carte Blanche expose

The sport, which appears to be popular in the province, forces retired racing horses to run on tar roads for gambling purposes.

Ramaphosa responds to rumors that he will pushed out of office next

Ramaphosa responds to rumors that he will pushed out of office next

Deputy President Cyril Ramaphosa addressed the growing rumors that he might be the next to be booted from Pres. Zuma's executive.

WATCH: Robben Island gets solar farm and goes green

WATCH: Robben Island gets solar farm and goes green

The island previously relied solely on diesel generators and has transitioned to solar energy, solar expert Dom Wills explains.

Stellies 'worm whizz' wants to know what fisherfolk use on their hooks

Stellies 'worm whizz' wants to know what fisherfolk use on their hooks

A marine biologist is leading a survey which aims to gain a better understanding of the demand on worms as bait along the coast.

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
Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

Kay Sexwale denies involvement in ANC 'War Room' saga

Kay Sexwale denies involvement in ANC 'War Room' saga

Sexwale says she advises the provincial not national ANC.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Bylaws, times you may use fireworks

Bylaws, times you may use fireworks

City of Johannesburg has urged residents to respect by-laws and the times set for fireworks to be used.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?