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![]() A New look at Bronze by Andries Loots 4 March 2003 |
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Looking at the latest trends emerging in the art markets of today, it is very clear that sculpture is becoming serious business not only in the International but also in the local
art markets.
According to a spokesmen of Christie's, the sculpture market was underplayed and under priced so far but experienced an enormous boom from 1998 to 2002, with record prices fetched at auction for sculpture by Rodin, Matisse, Brancusi, and Giacometti. Sculpture was always more affordable in comparison to paintings. As access to major investment paintings became more difficult because all the masterpieces
had either been taken up in museums or private collections, buyers started looking at sculpture as a last opportunity to include a significant work in their collection. |
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Two sculptures, one by Giacometti in the foreground and another by Max Ernst at Sotheby's NY Nov 2002 |
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If one looks at the limited South African sculpture market it is slowly emerging. Although we have few sculptors who have gained International recognition and many of the very best we have to offer will stay a good decorative piece due to the lack of International exposure and promotion, the quality of sculpture in South Africa is high and works are still relatively inexpensive, creating a huge potential for growth with proper marketing and if the International markets can be cracked. Artists need to show their works as widely as possible with respectable Galleries and on international exhibitions if they want to gain
this recognition. Other names who have appeared in International catalogues from time to time, include artists like Norman Catherine, Willie Bester, Claudette Schreuders, Jane Alexander, Dylan Lewis and a few others. On the local auction front, Stephan Welz & Co. in Association with Sotheby's, also experience a steady rise in prices of sculpture of artists like Norman Catherine, Ezrom Legae, Lucas Sithole, Sydney Kumalo and Speelman Mahlangu. |
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" It is a
long overdue catch-up on the market between sculpture and painting. Historians
have understood for a long while that many of the distortions and eating's-away
of space in the pictures of Picasso and of Matisse in particular,
were first inspired by their sculptures. And now collectors have finally
got the message. " |
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