William Kentridge Drawing creates new Record in London Auction

William Kentridge Drawing creates new Record in London Auction

William Kentridge, a well-known artist from South African. Prints, drawings, and animated films are the best works of the artist. On Wednesday, William Kentridge large-scale drawing sold for £6,82,750 ($9,35,000) in a London auction. However, the William Kentridge Drawing creates a new record in that auction.

Further, the Large Typewriters (2003), a diptych made using charcoal and pastel, depicts two vintage typewriters. As of the source, 5 bidders participated in the auction for William Kentridge Drawing work at the time of the modern art sale at Bonhams in London.

“The aim of art is not to represents the outward appearance of things, but their inward sigNificance.”

Moreover, the art remains estimated at £3,50,000–£5,50,000 ($4,80,000–$7,55,000). However, the Asia people acquired this artwork.

Furthermore, the result surpasses the last record for a Kentridge drawing set at auction. Whereas his 1988 work on paper by using pencil, chalk, and charcoal titled The Pool. It sold at Sotheby’s London in June 2019 for $5,66,700. However, the Large Typewriters price makes the second-most expensive artwork by Kentridge in Bonhams. On the other hand, in 2013, the artist’s 25-part bronze piece Procession sold for $1.50 million at Sotheby’s New York.

According to the news, Bonham’s 30-lot contemporary sale made a total of $5.50 million, realizing an 87% sell-through rate. Banksy’s Girl with Ice-Cream on Palette work created in 2004. It sold for £1.1 million ($1.5 million). Moreover, Noland’s late-career painting, Return artwork introduced in 1970, was sold for £2,31,500 ($3,16,900). Last but not least, Sturtevant’s Study for Warhol’s Marilyn (1965) sold for £2,06,500 ($2,82,700).