As mentioned in EWN news this morning, a painting by world-renowned Irma Stern – that was once sold at an auction to raise funds for Nelson Mandela during the Rivonia Treason trials - has been found in a flat in London, where it was being used as a notice board.
This painting is thought to be worth around R19 million - this really is an incredible story.
Arab in Black, the name of her 1939 work, was recognised by Hannah O’Leary, a specialist in South African art at Bonham's Auction House, during a valuation visit to the flat.
It’s understood the parents of the present owner relocated to the United Kingdom in the 70's bringing their auction prize painting with them.
Stephen speaks to Phillipa Duncan about the value of this artwork:
Over the last 6-8 years we've seen a steaady rise in value of her work but Irma Stern work has always commanded great prices. Over her lifetime Irma was very aware of the amount money her work was worth.— Phillipa Duncan, Independent Art consultant