Jacob Hendrik Pierneef’s great painting ‘The Baobab Tree’ sold on 10 September 2008 at Bonhams fourth South African Art sale for a whopping £826,400, creating a new record price for South African Art. Bonhams, the auctioneers, yesterday said The Baobab Tree was believed to have been painted in 1934 and was originally given to the SA ambassador in Britain, Charles te Water, in the 1930s. The painting was sold by a South African expatriate couple living in the US since the 1970s.
