CAPE TOWN – Irma Stern's painting, Dahlias, is set to go on auction at Strauss & Co in Cape Town today and could fetch up to R12 million.
The auction will be held at the Vineyard Hotel in Newlands, Cape Town.
The Dahlias belonged to Count Natale Labia. The painting was bought in 1994 by the aristocrat for a mere R187 000.
Stern finished the painting in 1947 and is one of 22 paintings from Labia’s collection that will be auctioned today.
Labia died two years ago.
The auction will also have a number of pieces of jewelry, that is owned by the Labia family trust and the Late Peter and Regina Strack Collection.
Check out some of the pieces that went under hammer already:
Georgian gold and enamel mourning ring, late 18th century and later.
SOLD FOR 13 000
Georgian Lover's eye ring.
Gold Archaeological Revival mourning locket/pendant, 19th century.
SOLD FOR R10 000
A Diamond ring set to the center with an Asscher-cut diamond weighing 1.54 carats.