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Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success

In this study I investigate two main premises: firstly that art intermediaries are imperative in value creation in an artist's career, and secondly that high prices are used as a way to justify, measure or reflect an artist's “importance”. The motives for these investigations are, firstl...

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Main Author: le Clus-Theron, Jean
Other Authors: Lamprecht, Andrew
Format: Thesis
Language:Eng
Published: Michaelis School of Fine Art 2025
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access_status_str Open Access
author le Clus-Theron, Jean
author2 Lamprecht, Andrew
author_browse Lamprecht, Andrew
le Clus-Theron, Jean
author_facet Lamprecht, Andrew
le Clus-Theron, Jean
author_sort le Clus-Theron, Jean
collection Thesis
description In this study I investigate two main premises: firstly that art intermediaries are imperative in value creation in an artist's career, and secondly that high prices are used as a way to justify, measure or reflect an artist's “importance”. The motives for these investigations are, firstly, that there would seem to be insufficient academic research on these notions in the South African art scene, and secondly, the existence of a counter argument, namely, that the high prices attained on the art market may be deemed arbitrary and irrational. This study investigates the South African contemporary fine art scene along with the role of South African art intermediaries and their perceptions on ideas of “importance” and “success”, using two case studies. These case studies comprise the career trajectories of two living artists residing in South Africa, who compared to all other living artists residing in South Africa, have attained the highest prices in their careers for work on auction, namely, William Kentridge and Dylan Lewis. In this study twenty-six intermediaries were interviewed and the ensuing data used to investigate how these and other intermediaries influence perceptions of the importance and success of these artists' work. This dissertation incorporates Pierre Bourdieu's theory of field, capital and distinction, and uses Alan Bowness's four conditions of success as a framework for investigation.
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institution University of Cape Town (South Africa)
language Eng
last_indexed 2026-06-10T12:32:13.078Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2025
publishDateRange 2025
publishDateSort 2025
publisher Michaelis School of Fine Art
publisherStr Michaelis School of Fine Art
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/41243 Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success le Clus-Theron, Jean Lamprecht, Andrew Conradie, Annemi Fine Arts In this study I investigate two main premises: firstly that art intermediaries are imperative in value creation in an artist's career, and secondly that high prices are used as a way to justify, measure or reflect an artist's “importance”. The motives for these investigations are, firstly, that there would seem to be insufficient academic research on these notions in the South African art scene, and secondly, the existence of a counter argument, namely, that the high prices attained on the art market may be deemed arbitrary and irrational. This study investigates the South African contemporary fine art scene along with the role of South African art intermediaries and their perceptions on ideas of “importance” and “success”, using two case studies. These case studies comprise the career trajectories of two living artists residing in South Africa, who compared to all other living artists residing in South Africa, have attained the highest prices in their careers for work on auction, namely, William Kentridge and Dylan Lewis. In this study twenty-six intermediaries were interviewed and the ensuing data used to investigate how these and other intermediaries influence perceptions of the importance and success of these artists' work. This dissertation incorporates Pierre Bourdieu's theory of field, capital and distinction, and uses Alan Bowness's four conditions of success as a framework for investigation. 2025-03-25T12:59:56Z 2025-03-25T12:59:56Z 2015 2025-03-25T12:58:37Z Thesis / Dissertation Masters MA http://hdl.handle.net/11427/41243 Eng application/pdf Michaelis School of Fine Art Faculty of Humanities University of Cape Town
spellingShingle Fine Arts
le Clus-Theron, Jean
Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success
thesis_degree_str Master's
title Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success
title_full Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success
title_fullStr Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success
title_full_unstemmed Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success
title_short Culture, Commerce and Value: The Contemporary South African Fine Art Market in Relation to Concepts of Artistic and Financial Success
title_sort culture commerce and value the contemporary south african fine art market in relation to concepts of artistic and financial success
topic Fine Arts
url http://hdl.handle.net/11427/41243
work_keys_str_mv AT leclustheronjean culturecommerceandvaluethecontemporarysouthafricanfineartmarketinrelationtoconceptsofartisticandfinancialsuccess