Vladimir Tretchikoff breaks World Auction Record with his 1955 portrait: Dr Alastair Meredith
Russian-born South African painter Vladimir Tretchikoff set a new World Auction Record of R31,892,000 for his 1955 portrait Lady from the Orient at an auction in Johannesburg.
The iconic painting was sold to an anonymous telephone bidder after a dramatic flurry of 89 bids, narrowly beating a determined in-room contender at the live auction in Johannesburg. The final price, inclusive of commission and taxes, comfortably eclipses the previous world record for a Tretchikoff work, set at £ 982,050 in March 2013 at a London auction for Chinese Girl (1952).
Dr Alastair Meredith, senior art specialist at Strauss & Co, who was the auctioneer last night, joins us now.
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