Ivory Coast carved equestrian figure rides to $62,000

NEW YORK — Bonhams is thrilled with the results of its Nov. 20, 2012, African, Oceanic & Pre-Columbian Art sale in New York, which has been confirmed as Bonhams’ most successful sale of its kind to date.

Rare Senufo equestrian figure, Ivory Coast, 24 1/8 inches tall, wood. Sold for $62,500 at Bonhams African, Oceanic & Pre-Columbian Art Sale, Nov. 20, 2012. Photo courtesy Bonhams.

Rare Senufo equestrian figure, Ivory Coast, 24 1/8 inches tall, wood. Sold for $62,500 at Bonhams African, Oceanic & Pre-Columbian Art Sale, Nov. 20, 2012.
Photo courtesy Bonhams.

The wide variety of interested participants and impressive sell-through rate of the property attest to the growing interest in this unique market; new clients accounted for more than 25 percent of the active bidders.

The top three lots all hailed from the African section of the sale, illustrating the lingering fascination with the visually arresting figurative imagery common in traditional African art. A rare Senufo equestrian figure from the Ivory Coast brought $61,500, which was closely followed by an exceptional Baule male standing figure, also from the Ivory Coast, that sold for $47,500. In addition to the successes of works from the Ivory Coast, sculptures from the Congo did very well.

A strikingly geometric Sikasingo/Buyu male figure from the Democratic Republic of the Congo easily surpassed its presale estimate of $8,000 to $12,000, to sell after intense bidding for a remarkable $36,900.

Bonhams’ next sale of African, Oceanic & Pre-Columbian Art will take place in New York in early May 2013.

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