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N40.5 million Worth of Artworks Sold At Arthouse Affordable Art Auction

El Anatsui, AHE, 2016

A total of N40,526,000 works were sold at the evening sale of Arthouse Contemporary Affordable Art Auction which held on February 11, 2017, at the Kia Showroom in Lagos, Nigeria.

Featuring 123 lots from emerging and established contemporary artists, 62% of the lots were sold.

The top sale of the auction was the late Ben Osaghae’s Child Labour 2, an oil on canvas that sold for N1,610,000. Other leading sales of the auction included Bruce Onobrakpeya’s Three Elephant Masquerades, a metal foil relief that sold for N1,380,000, Alimi Adewale’s Hustle and Bustle, that sold for N1,207,500, and an untitled painting by Tola Wewe that sold for N1,150,000.

According to Kavita Chellarams, CEO, Arthouse Contemporary, this edition of the auction also featured charity lots by Dipo Doherty, Olumide Onadipe, Sade Thompson and Uchay Joel Chima, in support of the Arthouse Foundation, a non-profit artist residency programme, that raised a total of N700,000. The Affordable Art Auction was generously supported by Kia and Prosecco Fantinel.

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