Strauss & co - Review 2020

In summary: • Strauss & Co’s decorative arts division earned nearly R25 million from two virtual sales and seven online sales (this figure excludes the art items included in the cross-category Interiors sale in November) • The marquee live sales, reimagined as virtual sales, netted just over R20 million from decorative arts, while the online- only sales earned around R4.5 million • The most expensive lot was a diamond necklace, which sold for R1 million • The luxury market, of which the decorative arts forms a part, is an important growth sector for Strauss & Co Strauss & Co’s decorative arts division fulfils an important role beyond turnover. In October 2020, The Art Newspaper reported that the global personal luxury market, encompassing both The decorative arts and its luxury connection Patek Philippe Calatrava yellow gold gentleman’s wristwatch, 2004, Ref 3919J-001, MVT 1878335, Case 4157524 Sold R261 740 Diamond necklace Sold R1 081 100 42