TKMG AUCTION 2016
by Ladun Ogidan
Terra Kulture Mydrim Auction House (TKMG) will once again hold its annual sales Lagos Art Auction 2016 at the Intercontinental Hotel, Victoria Island, Lagos on Friday, April 29, 2016.
This year’s auction features 104 lots from a careful selection of established older artists such as; David Dale with Masquerade, 1983, etching, estimated between N1,200,000 – N1,800,000; Ablade Glover with two works, Market Queens and People, 2013 oil on canvas, selling between N2,800,000 to N3,000,000, to leading and emerging contemporary artists like Segun Aiyesan with Gele series and Owanbe, 2016 acrylic on canvas valued between N1,100,000 – N1,600,000 each. The highlight of the evening is David H. Dale’s 2012 beadwork, Man Rowing into Life, estimated between N2,500,00 to N3,500,000.
The 2015 auction featured 90 works and boasts of a 65% sale in the amount of N23,950,000 with Kolade Oshinowo’s Dupe, scoring the top selling lot with N2,200,000.