Tutu sculpture sells for over R850,000

17 March 2015 - 11:35
By Sowetan LIVE
QUESTIONED:  Former president Thabo Mbeki once slated Archbishop  Desmond Tutu over his comments.
QUESTIONED: Former president Thabo Mbeki once slated Archbishop Desmond Tutu over his comments.

A popular work by Ed Young of Emeritus Archbishop Tutu swinging from a chandelier sold for R852 600, far exceeding pre-sale estimates.

Prices for South African and international art soared at Strauss & Co's auction held last night in Cape Town. The sale achieved a total of R50 million with a value sell-through rate of over 84%, once again the highest in the current market.

A popular work by Ed Young of Emeritus Archbishop Tutu swinging from a chandelier sold for R852 600, far exceeding pre-sale estimates.

After the sale the auctioneer commented:

"The auction proved that great art, well presented, will always achieve great results."