Approximately N26.7million worth of artworks were sold at the annual Arthouse Contemporary Affordable Art Auction which held on March 3, 2018, at the Kia Showroom, Lagos.
Featuring 107 lots from emerging and established contemporary artists, the auction brought in a total of NGN 26,668,000 during the evening’s sale, with 62 percent of the lots sold.
The top sale of the evening was Rom Isichei’s Vacancy of Stares, an oil on paper that sold for N1,150,000. Gerald Chukwuma’s Akuko Ifo, a mixed media diptych, sold for N920,000. Ebong Ekwere’s wood sculpture, Dancing Torso, sold for N805,000, as well as Reuben Ugbine’s Meditation II selling for N805,000. Abayomi Barber’s Dream Man, a pastel on paper, as well as Ato Delaquis’ The Lagoon, an acrylic on canvas, also sold for N805,000 each.
This edition of the auction also featured charity lots by Muraina Oyelami, A. Akande, Joseph Eze, Tony Enebeli and Dipo Doherty, in support of the Arthouse Foundation, the non-profit artist residency programme in Lagos, raising a total of N870,000. The proceeds from these charity lots will go directly to supporting the programmes of the Arthouse Foundation, including its residencies, workshops, talks and public events.
The auction preview, ART NIGHT OUT, took place on March 1, 2018 at the Kia Showroom, featuring art, music and live performances. Refreshments were provided by Thai Thai, Le Connaisseur, 7UP and Krispy Kreme, along with a live drawing performance by Dipo Doherty and a DJ set by ISSIMO. Guests participated in the annual Selfie Competition, with the person with the most likes winning an original artwork.
The Affordable Art Auction aims to engage new collectors with all works of art estimated below one million naira. As the sister edition to the May and November auctions, the Affordable Art Auction features artworks that are scaled to an affordable and accessible price point.
Approximately N26.7million worth of artworks were sold at the annual Arthouse Contemporary Affordable Art Auction which held on March 3, 2018, at the Kia Showroom, Lagos.
Featuring 107 lots from emerging and established contemporary artists, the auction brought in a total of NGN 26,668,000 during the evening’s sale, with 62% of the lots sold.
The top sale of the evening was Rom Isichei’s Vacancy of Stares, an oil on paper that sold for N1,150,000. Gerald Chukwuma’s Akuko Ifo, a mixed media diptych, sold for N920,000. Ebong Ekwere’s wood sculpture, Dancing Torso, sold for N805,000, as well as Reuben Ugbine’s Meditation II selling for N805,000. Abayomi Barber’s Dream Man, a pastel on paper, as well as Ato Delaquis’ The Lagoon, an acrylic on canvas, also sold for N805,000 each.
This edition of the auction also featured charity lots by Muraina Oyelami, A. Akande, Joseph Eze, Tony Enebeli and Dipo Doherty, in support of the Arthouse Foundation, the non-profit artist residency programme in Lagos, raising a total of N870,000. The proceeds from these charity lots will go directly to supporting the programmes of the Arthouse Foundation, including its residencies, workshops, talks and public events.
The auction preview, Art Night Out, took place on March 1, 2018 at the Kia Showroom, featuring art, music and live performances. Refreshments were provided by Thai Thai, Le Connaisseur, 7UP and Krispy Kreme, along with a live drawing performance by Dipo Doherty and a DJ set by ISSIMO. Guests participated in the annual Selfie Competition, with the person with the most likes winning an original artwork.
The Affordable Art Auction aims to engage new collectors with all works of art estimated below one million naira. As the sister edition to the May and November auctions, the Affordable Art Auction features artworks that are scaled to an affordable and accessible price point.
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