By Tajudeen Sowole
AHEAD of the 10th Arthouse Contemporary art auction, which
holds on Monday, May 13, with previews on Saturday (May 11) and Sunday (May 12)
at The Wheatbaker Hotel, Ikoyi, Lagos, Kavita Chellaram, the lady behind the
event is positive about the outcome.
Though Chellaram Arthouse-led contemporary art auction of 2008
was not the first in the country, suffice it to say, that it elicited positive
development on the scene. Hitherto, there had been Nimbus Gallery organised
auction in 2001, which observers described as ‘informal art auction’.
Aside from seeing her supervise proceedings, twice a year at
the auctions, little is known about Chelleram and her steady journey towards
giving the Nigerian art a secondary market that is fast becoming attraction to
artists, even from other countries in the continent.
This morning, Chelleram is brimming with excitements, as she
took her guest through nearly 40 years of her passion for Nigerian art. The 10th
edition is land marking, isn’t it? “Yes, 10th auction in a developing economy such as Nigeria
has a landmark. It also serves as an opportunity to share my passion for
Nigerian art,” she agrees.
The begininng
The collector recalls that it started from her passion as a
young woman growing up in Lagos, in the 1970s. Coming from a family of textile
industrialist, her first love of African art started with the native Yoruba
fabric, adire. “My father’s factory,
the Aswani Textile, on Oshodi-Apapa Expressway (now rested), used to make
African fabrics in the early 1970s. As a young girl, I used to go to the
factory and noticed that the designers who were mostly hired from Yaba College
of Technology (Yabatech) and other universities produced non-wax prints adire. So, my interest in African art
started from then” she discloses.
Kavita Chellram (right) during one of the nine art auctions of Arthouse Contemporary in Lagos. |
Her interest in African art must have
kept growing as she looked forward to owning a piece. So, after a brief visit
to India, for her wedding, she returned to Nigeria and started building up
collection.
Her love
for native African aesthetic, which she started from adire, seemed to have influenced the tone of her collection. So, who
was the first artist Chellaram collected? “I
remember going to a show held by Violet Gallery, in Lagos, which sells mostly
Osogbo artists. There, I bought my first two paintings: a Twin Seven Seven and
Jimoh Buraimoh, in 1977,” she quips.
At the
same time, she also started collecting some Indian works. However, she noticed
that the Nigerian collections she had, did not appreciate, market-wise, several
years after, while the former, to her surprise, increased in price value. She
cites the example of an Indian work bought for $100 or $200, going up to as
much as $50, 000 or $100, 000 in almost 15 years after, at auctions in Indian
art market. “But in Nigeria, the work you bought for $1, 000, about 20 years
ago, remained the same in value,” she painfully explains. “So, you could not
resell a work you bought several years ago; no secondary market.”
Dissatisfied,
she went about looking for reason for this and what was wrong in the art market.
Nigerian artists, she discovered, were devaluing their work, “despite having
such a wonderful pool of creativity, doing fantastic works.” In fact, she disclosed
that then, all sort of barter arrangements were going on such as ‘bring five or
10 works and get a used-car.”
“The
story has changed now,” she says, confidently. “Art auctions come with
documentation of who sold what and for what price. An artist can say, ‘my price
is N1.5m. check the art auction catalogues. So, between the first auction and
the ninth, consistency has been established as some artists’ prices have gone
up because of popularity over the years.”
FIVE years after the debut auction produced a record sale of
N9.2million for Bruce Onobrakpeya’s panel work titled, Greater Nigeria, with another record added in 2012 when Ben
Enwonwu’s bronze, Anyanwu, sold for
N28 million (hammer price), the tempo is still going strong, and it does appear
that there is no going back.
One of the works for the tenth art auction, Victoria Udondian’s Table Cloth Series.
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Following the track of Arthouse, there have been over 10 similar events
organised by other art auction houses, old and new, in Nigeria, UK and the US,
focusing on African art, all building on the 2008 debut of Nigeria’s premiere
auction house.
In Nigeria,
the secondary art market is currently a N250 million business, yearly, spread
across three auctions: two from Arthouse and one courtesy of the joint effort
of Terra Kulture-Mydrim auction house. And
quite of note is that over 70 per cent or more of the revenue generated from
these auctions go to the artists or consignees, who submit works for the auctions,
a clear indication that art is quietly becoming a powerhouse in Nigerian
economy.
Chellaram says going into the 10th auction, “we can say that we have
been able to raise the value of the Nigerian artist.”
Maintaining standard
As nearly
every artist and other consignees wants to test the strength of their work at
Arthouse’s auction, merit, has been a watchword, Chellaram stresses. And
there has been the ripple effect on the entire art scene, particularly in
Lagos. The new vibrancy has come with increase in art shows. More importantly,
the rise in value, she argues. “It has given the artists confidence to
create their own art, not what the collectors wanted to buy,” she says.
With about 16
or 17 art auctions, including sales from non-Arthouse art auctioneers, in five
years, it is not yet a well-guided art market, as there is still fear that some
artists may wind the clock back by devaluing their work outside the secondary
and informal market.
Monitoring
artists’ behaviour to sustain the current increase in value, she argues is a
complex task. “It is bad for the market for artists to devalue their work,” she
says. To avoid
this, Chellaram says it goes beyond the control of auction houses. She
recommends what obtains in other countries where artists don’t sell directly to
buyers, but through galleries. “I think artists, by now, should be represented
by the galleries as it is done in Europe, U.S and India. You don’t go directly
to the artist and buy. If the artists here want to keep selling on their own,
then the art market scene is not going to improve. And it could set the
Nigerian art back to where we started from.”
Art should change hands regularly
The
flexibility of collectors to allow art change hands and move from one owner to
another, at auctions, has been noted as the core heart of the secondary market.
In Nigeria, how far has collectors succumbed to releasing some of the big works
in their collection in exchange for new or older works? Complex a task, so to
say.
But Chellaram
points to a way out. She advises collectors to test the value of what they have
as the platform for such exchange is now real in Nigeria, unlike the pre-2008
years.
“Circumstantially now, you want to
resell a work in Nigeria. Five years ago, you couldn’t do that because nobody
wanted to pay; it was difficult to place a value on old work. Now the prices
are documented in the catalogues to guide you about the worth of an artist.”
CEO, Arthouse Contemporary, Lagos, Kavita Chellaram.
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Can the Nigerian economy sustain the ongoing growth in art appreciation?
Chelleram,
who comes from a business class family about three generations in Nigeria, assures
that the country’s economy can sustain the improvement in the art market. “I think the economy can. A lot of
corporate groups have collections, they are building more, a lot of CEOs of
companies too have started collecting; the market is growing,” she notes.
In
addition to economic perspective, she points out that the awareness of art, as
a necessity in the environment is also an advantage. “All
over the world, art is getting more awareness as we feel it in our
surroundings. Even in Lagos, our surroundings are changing with aesthetics.
Governor Raji Fashola has amazingly changed the environment, giving creative
value to our surroundings. So, visually, a common man is beginning to get
closer to art,” she concludes.
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