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1-54 VIP Webinar | Secondary market for contemporary African Art 2020/2021
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1-54 VIP Webinar | Secondary market for contemporary African Art 2020/2021
7 October 2021
Drawing from Corrigall & Co’s latest report, Mary Corrigall will discuss the status of the secondary market for contemporary African art. The findings are based on an analysis of figures from sales that have taken place from January 2020 to June 2021.
As the focus is on gauging the temperature of the African art market only auctions dedicated to the sale of African art were under the microscope. These auctions were conducted in Africa and Europe by the following auction houses; Sotheby's (London), Bonhams (London, New York), Artcurial (Paris, Marrakesh, Piasa (Paris), Strauss & Co (Cape Town, Joburg), Aspire Art Auctions (Cape Town, Joburg), Compagnie Marocaine des Oeuvres et Objets d'Art (Casablanca) and Arthouse (Lagos). Over 9000 lots were analysed.
Corrigall will introduce some of the important findings that relate to the contemporary works. Under discussion will be which countries in the African art ecosystem claim the market share for the sale of contemporary works at auction, as well as how the value and what is valued differs in markets in Africa and Europe. A few case studies will be included. For more information on the Contemporary African Art Auctions 2020/2021 visit: https://www.corrigall.org/contemporaryartauctions2020
Corrigall & Co is a Cape Town-based art research consultancy with a focus on mapping art ecosystems in contemporary art from the African continent. It was established in 2016 by Mary Corrigall, an award-winning art journalist and academic. Our research is channelled into bespoke art reports, presentations, workshops and consultations with collectors and art organisations. Previous reports include; South African Art Market: Pricing & Patterns, African Art Auctions, Europe, October 2020, Contemporary African Art Ecology: A Decade of Curating, Top 50 Artists & the Top 20 Curators who validated them and Joburg Art Fairs.
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