At the last auction in London Impressionist and Modern works in some exposed last changed owners not so long ago - in the late 1990's - 2000's. So how much time is added for paintings by Kandinsky, Monet, Picasso and Modigliani?

We recently published examples of successful investments in the Russian art (). And that evening sale of Impressionist and Modern Christie's and Sotheby's , which took place on 18 and 19 June 2013 in London, gave us another pleasant newsworthy. As it turned out, many of the exhibited works (including the top lots) last changed owners not so long ago - in the late 1990s - 2000s. So we have a good opportunity to see how added to the price during this period paintings by Kandinsky, Monet, Picasso and Modigliani. To draw conclusions and to rejoice over their owners. So, what was?

«Study for Improvisation number 3" (1909) Wassily Kandinsky in the penultimate time changed the owner Christie's auction in New York on November 6, 2008 for $ 16.9 million (including commission). At the auction June 18, 2013 the work of Kandinsky exhibited with an estimate of 12-16 million pounds (18,8-25 million) and sold for 13.5 million pounds (21.1 million dollars). That is, in less than five years Kandinsky grew in value by $ 4.2 million.

patron Modigliani Portrait of Paul Guillaume (1916), exhibited at Sotheby's in New York, November 7, 2006 and was sold for $ 4.8 million including fees. At Christie's on June 18 the same portrait appeared with an estimate of 5-7 million pounds (7,7-10,9 million dollars), and went for 6.8 million pounds ($ 10.6 million), ie by 5, 8 million dollars more than in 2006.

« Man's Head "(1964) - is, in fact, a self-portrait by Pablo Picasso, which makes work more attractive to investors. 10 December 1998 it bought at Christie's London auction for 441.5 thousand pounds (737.7 thousand U.S. dollars). At the auction, 18 June 2013, "a man's head" put up with an estimate of 2-3 million pounds (3,1-4,7 million dollars) and sold for 2.97 million pounds (4.67 million dollars) with the Commission. The simple arithmetic shows that in less than 15 years, an increase of $ 3.9 million.

And for a snack - price growth statistics paintings of Claude Monet's "Palazzo Contarini" in 1908. The work appeared at auction April 30, 1996 in New York City and earned $ 4.6 million. And at Sotheby's June 19, 2013 Venetian landscape estimated at 15-20 million pounds (23,5-31,3 million) and sold for 19.7 million pounds, or $ 30.8 million. That is the picture for 17 years has risen to 26.2 million dollars.

Prepared by Mary Onuchina, AI

Sources : artprice.com , artinvestment.ru

Editor's comment: What can I say? The fastest, most speculative investment in this list - Kandinsky. And managed to buy at the peak (in 2008, the art market is just going to go into crisis, the prices were still high), and still managed to resell at a profit. However, it is no secret that the Western market has already masterpieces and recover and exceed pre-crisis levels. With the exception of Kandinsky, all other owners of the masterpieces of acting like a textbook: for long periods, with no fuss, no panic. Monet with a gain of 17 is 7 times - well, is not that an investor's dream? Or "Man's Head" by Picasso, who for 15 years has risen more than 6 times? The main thing to have the most potential investor's head is not spinning. Keep in mind that these results are only capable of very strong things, and for long distances. Those wishing for a quick spekulnut is to advise our review Vladimir Bogdanov, AI