Strauss & co - 2016 Review

The unpredictable contemporary market always surprises Anticipation is growing for the late 2017 opening of the Zeitz Museum of Contemporary African Art in Cape Town, an institution that may give coherence to the market for art by emerging artists on the continent. In the interim, Strauss & Co continued to achieve notable sales for a range of established living artists, including Norman Catherine, William Kentridge and Penny Siopis. In October, Lace Cloth , a 1983 work painted by Siopis while teaching fine art in Durban and exhibited at the Goodman Gallery a year later, sold for R1 136 800. The price matched the record achieved for her 1986 pastel triptych, Hunting and Nature Scene , at an October 2015 Strauss & Co sale. Penny Siopis Hunting and Nature Scene Sold R1 136 800, 12 October 2015 RECORD FOR THE ARTIST 40