MAGDALENE ODUNDO SELLS HAMMER PRICE £200,000.

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MAGDALENE ODUNDO SELLS HAMMER PRICE £200,000. Empty MAGDALENE ODUNDO SELLS HAMMER PRICE £200,000.

Post by philpot November 20th 2020, 7:25 pm

https://maaklondon.irostrum.com/BiddingProcess/BiddingScreen/2090276

Add in Buyer's commission and Vat on that, its near £250,000. It was a big outlier on this auction though. It was rather a subdued sale, which probably reflects the Times
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Post by studio-pots November 21st 2020, 4:14 pm

You forgot that the buyer would have to pay ARR too, which is another £8000 and so the total was £256,000. A few years ago Magdalene came to visit me, as the UCA Farnham, wanted to loan a piece by Ladi Kwali for an exhibition they were holding. At the time the most expensive piece of her work that had sold in auction was around £86,000 and we talked about the fact that, as in had sold in the States, she didn't get her little cut of the deal.

She is an extremely likeable lady and so I am glad that this time she will be getting a little something.

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Post by tenpot November 21st 2020, 5:18 pm

sent the link to some friends in the sates they have one from the 80s they paid 700 pounds for , it took them a year, they were amazed
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Post by studio-pots November 21st 2020, 6:21 pm

tenpot wrote:sent the link to some friends in the sates they have one from the 80s they paid 700 pounds for , it took them a year, they were amazed

and if they've tired of it then they know what to do!

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Post by tenpot November 22nd 2020, 11:39 am

They still like it but the hubby was wondering about trips around he world
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Post by philpot December 6th 2020, 9:12 pm

There was a touring exhibition of hers in 1987 entitled 'New Works'. The cost of the pieces from this exhibition was £1600 to £1800. A fairly substantial price for work even then.
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