Global demand for African art brings near-record year for South African auction house despite ‘much higher degrees of uncertainty’
A soaring global demand for African art and increased digital access has contributed to a near-record year for the South African auction house Strauss & Co, which yesterday reported sales totalling R354m ($20.6m) in 2022. That sum narrowly missed its highest annual total of R356m ($20.7m) achieved in 2021.
“In the context of the macroeconomic conditions in southern Africa and the world, it was really a very strong performance,” says Frank Kilbourn, the auction house’s chairperson.
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