Value of African Art Jumps 200% In Four years To Record High Prices

AFK Insider | Kevin Mwanza:

The value of African art pieces has more than doubled in the last four years as international collectors become more engaged in the market, Giles Peppiatt, African Art director at London-based auction house Bonhams, told Mail and Guardian Africa. Bonhams delivered recorded prices for African art pieces — especially from South African artist Irma Stern —  and sold eight of the 10 top art pieces from the region over the last nine years… Read more

Image: Detail of an Irma Stern piece at the private collection, Rupert Museum, Stellenbosch. Photo: Dana Sanchez