Aspire Art Auctions: Bullish art market recovery

series of 2018/9, sold for a record R356,781.80 at Aspire’s Paris sale in June. The same auction saw Godwin Champs Namuyinda'sNontsundu

As global markets bounce back and the art world looks forward to some return to normality, collectors who were reluctant to sell works at the height of the pandemic are returning. The second half of 2021 also saw the return of single-owner collection sales.

In the global north, according to the London-based art market analytics firm Pi-eX report, the top public auction houses saw a 405% year-over-year increase in sales during the second quarter of 2021 between the months of April and June. African art auction houses, according to the Corrigall & Co art market report, have increased 22% in the first six months of 2021, compared with 2020.

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