The drawing is one of the 65 Kentridge used to make the 8’22-minute animated film‚ which was first shown at the Museum of Modern Art in New York in April 1999.
Aspire Art Auctions‚ which held the auction at the Gordon Institute of Enterprise Science’s Illovo campus‚ said the price for the Drawing from Stereoscope beat the earlier mark of more than R5.7m‚ achieved in Paris.
“We’re delighted to have achieved such profound breakthroughs in the market at a time when the economy is tough for everyone‚” Aspire director and senior artwork specialist Emma Bedford said.