Maggie Laubser

South Africanseascape With Four Boats (Recto), Portrait Of Arnold Balwe (Verso)

Found at Sothebys, London
Modern & Contemporary African Art, Lot 47
28. Mar - 28. Mar 2018
Estimate: 12.000 - 18.000 GBP
Price realised: 25.000 GBP
Maggie Laubser
1886-1973
SOUTH AFRICANSEASCAPE WITH FOUR BOATS (RECTO), PORTRAIT OF ARNOLD BALWE (VERSO)
signed and dated 22 (lower left) (recto)
oil on board
27 by 34.5cm., 10½ by 13½in.
Private collection of Paul Oliver Sauer (1898-1976), Stellenbosch | Acquired from the estate of the above by Mr and Mrs J Krige, Stellenbosch | Sotheby's Johannesburg/Stephan Welz & Co., Johannesburg, 12 November 2001, lot 604 | Purchased at above sale by the present owner

Upper estimate price exceeded by 39 %.

In March 2018 Sothebys in London held the auction Modern & Contemporary African Art, which included the work South Africanseascape With Four Boats (Recto), Portrait Of Arnold Balwe (Verso) by Maggie Laubser. The »bidding war« ended at GBP 25,000.00 (€ 28,463.88), 39% above the upper estimate. Admittedly, works by Maggie Laubser have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Indian Girl (Framed) in March this year with an auction result of GBP 151,500.00 (€ 172,360.51).

Oberer Schätzpreis um 39 % übertroffen

Im März 2018 führte Sothebys in London die Auktion Modern & Contemporary African Art durch, in der auch die Arbeit South Africanseascape With Four Boats (Recto), Portrait Of Arnold Balwe (Verso) von Maggie Laubser zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 25.000,00 (€ 28.463,88) und damit 39% über dem oberen Schätzpreis. Freilich wurden Arbeiten von Maggie Laubser auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Indian Girl (Framed) im März diesen Jahres mit einem Auktionsergebnis von GBP 151.500,00 (€ 172.360,51).

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