The online auction house founded earlier this year by ex-Managing Director of Sotheby’s George Bailey, announces The African Art Auction: Contemporary and Modern Art from Africa and its Diaspora. The online auction of around 60 works of art will take place on 18th October with a pre-auction exhibition during the day of 18th October at The Music Room, S. Molton Lane, London. The auction will balance modernist classics with contemporary works and will also feature a number of works from young photographers from the continent with estimates ranging from £1,000 – £55,000.

Both African Contemporary Art and the online art market have shown increasing signs of growth and popularity this year. The auction will be in October, when London hosts the first Contemporary African art fair, 1:54, as well as Frieze and Frieze Masters. Through the universality of its online platform, the auction will enable established collectors and first-time buyers; institutions and corporations, from all over the world, to familiarize themselves with and acquire important works from across Africa and its diaspora by artists such as El Anatsui, Gonçalo Mabunda, Pascale Marthine Tayou, Ben Enwonwu, Twins Seven Seven, Kolade Oshinowo, Skunder Boghossian,  Wosene Kosrof, Ablade Glover, John Goba, Cheri Cherin, and many others.

LIVE online auction: 7pm UK time, Friday 18th October 2013

Private View: 17th October, 6:30pm – 8:30pm

Public Exhibition of all works in the auction:
18th October, 10am – 3pm
The Music Room
26 S Molton Lane
Mayfair, London, W1K 5LF

theauctionroom.com