Vintage works: Auction proves art a wise investment

Rosemary Karuga’s terracotta Mother and Child art piece which sold for Sh1.4 million ($9,509). PHOTO | WILFRED NYANGARESI | NMG

This year’s Art Auction East Africa in Nairobi was a highly anticipated affair. Not only was it the first time the auction would be held at the Circle Art Gallery space in Nairobi’s Riara Road, from where it was hatched by the founder of both the gallery and the auction, Danda Jaroljmek.

In previous years, Danda had taken the event to hotels, but having recently moved the gallery to a new and more spacious arena, it made sense to bring the auction home to Circle as well.

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Note: The results are not exact but very close to the actual.