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NWWealth

2020 Art Ratings The most bankable artists in South Africa

Publication date: Feb 2020 Art Ratings Š New World Wealth


NWWealth The most bankable artists in South Africa:

Our top 10 SA artists for 2020 include (in no particular order): 

JH Pierneef

Irma Stern

Maggie Laubser

Alexis Preller

Gerard Sekoto

Vladimir Tretchikoff

Sydney Kumalo (sculpture)

William Kentridge

John Meyer

Anton van Wouw (sculpture)

Criteria for ratings: 

Average value of paintings.

Ability to hold value - resilience to market downturns.

Penetration into international market.

Unique style.

Price appreciation over the past 10 years.

Expected price appreciation going forward.

Appeal to wealthy buyers (HNWIs).

Art Ratings © New World Wealth


NWWealth The worldwide top-end art market is valued at around US$75 billion. African art accounts for around US$1 billion of this, with US$480 million held in South Africa specifically.

Irma Stern is currently the most valuable South African artist. Her paintings can fetch up to US$2.5 million each, with an average price of around US$350,000 per painting.

The majority of major SA art galleries are located in Johannesburg, Cape Town, Pretoria and Stellenbosch. Major dealers include: Strauss & Co, Stephan Welz and Aspire Art.

According to our in-house indices, South African fine art prices have risen by 28% over the past 10 years (in US$ terms). Global fine art prices have risen by 12% over the same period.

SA artist prices are still well behind the most expensive artists worldwide. Globally, artworks by Leonardo da Vinci, Vincent van Gogh, Pablo Picasso, Claude Monet, Rembrandt, Renoir, Cezanne, Andy Warhol, Jackson Pollock and Gustav Klimt regularly fetch over US$30 million each at major auctions in London and New York.

The ‘Mona Lisa’ by Leonardo da Vinci and ‘Starry Night’ by Vincent van Gogh are probably the most valuable paintings in the world. However, neither of them have ever come up for auction. They are considered “priceless”.

The most expensive painting actually sold at auction is Leonardo da Vinci’s Salvator Mundi, which sold for US$450 million in 2017 – this equates to almost the same value of the entire SA fine art market.

Art Ratings © New World Wealth


NWWealth About New World Wealth

New World Wealth is a global market research group, based in Johannesburg, South Africa. We specialize in ratings, surveys, country reports and wealth statistics. We also provide management consulting and public relations services to our clients. Our research covers 90 countries and 150 cities worldwide.

Services on offer include: 

Ratings and surveys.

Country, city and regional wealth statistics.

Residential property surveys.

Wealth migration studies.

Management consulting.

Custom research.

For more information on New World Wealth please visit www.newworldwealth.com.

Art Ratings © New World Wealth


NWWealth

Contact Andrew Amoils New World Wealth andrew@newworldwealth.com +27 11 706 1185 www.newworldwealth.com

Art Ratings © New World Wealth

Profile for New World Wealth

Artists SA 2020  

Artists SA 2020