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Friday, March 12, 2010

NIGHTLIGHT: ‘Africa Now’ Auction Draws International Attention to Bonhams New York

Bonhams’ March 10th ‘Africa Now’ sale was met with great enthusiasm by both American and International buyers. Taking place at the auctioneers’ Madison Avenue galleries this was the first sale of modern & contemporary African art ever to be held in New York. Consisting of 140 lots the auction featured work by both new and established artists from fourteen African Nations. 

As part of the celebrations surrounding the sale the ‘Keep a Child Alive’ charity and Afren partnered with Bonhams to host a reception which took place the evening before the sale. 

Giles Peppiatt, Director of African Art says, “We welcomed the opportunity to bring this innovative sale category to New York, and the inaugural sale of Modern and Contemporary art in the United States proved a real success, with top prices paid for exceptional works from some of the leaders in this emerging field. We also thoroughly enjoyed the evening reception held the night before the auction at Bonhams, where leading members of New York’s African community joined us to celebrate this important landmark for the American art market.”

Your browser may not support display of this image.Work by the acclaimed Ben Enwonwu (Nigerian, 1917-1994) lead the way claiming five out of the ten top ten lots, including the first three. The artist’s ‘Dancing Boys’ (pictured, left) claimed top lot, achieving $91,500 against a pre-sale of $80,000-120,000 and equaling the current world record.
A new world auction record was set for Bruce Onobrakpeya (Nigerian, born 1932) for a mixed media piece titled ‘Environmental Regeneration’ which fetched $42,700 against a pre-sale of $35,000-45,000.

Other works drawing noteworthy prices were ‘Sabada’ by Yusuf Grillo (Nigerian, born 1934) which brought $57,950 and El Anatsui’s (Ghanaian, born 1944) Ondambo ‘Sculpture I’ which drew $27,450.

Among the delightful guests Peachy Deegan enjoyed meeting included:
David C. Jacobson
Andrew S. Klug
Doug Campbell
Mark A. McGregor
Martin L. Pommier
Michael Loccisano (great pictures!)
Ali Tulbah
Timothy Fadek

The next sale of ‘Modern & Contemporary African Art’ will be held in London in Spring 2011. The illustrated auction catalog for the March 10th sale will be online at www.bonhams.com/us in the weeks following the auction. 

Bonhams, founded in 1793, is one of the world's oldest and largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son and Neale UK. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street, and Knightsbridge, and a further five throughout the UK. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Boston in the USA; Toronto, Canada; and France, Monaco, Hong Kong and Dubai. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 57 specialist areas. By the end of 2009, Bonhams had become UK market leaders in ten key specialist collecting areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments, go to www.bonhams.com 

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