The results of the auction of impressionist and modern art February 2 and 3
ARTinvestment.RU   10 февраля 2016

London evening sale of impressionist and modern Christie's and Sotheby's this year, brought almost half less revenue than in 2015-м. The directory was weaker than a year ago, but some good sales attention

last week in London held auctions Christie's and Sotheby's, the results of which many experts believe an important indicator of the state of the art-рынка. Talking about the auction of Impressionists and modernists. As a General observation, the auction went well overall, however the net result of the evening auction of impressionist and modern Christie's and Sotheby's — $210 million — 45% lower than the same period last year (then February evening auction of impressionist, modern and surrealist brought $381 million). The reason for this decrease experts see a General decline in consumer activity (or, rather, the most pragmatic of buyers tend not to overpay now), as well as directories, conceding to collections last year. However, some breakthroughs were.

Evening auction of impressionist and modern Christie's on 2 February brought a total of £66,43 million ($96 million), which exceeded the lower preliminary estimate of $89 million were sold 75 % of the lots. The next day (3 February), Sotheby's sold only 67.6 per cent of the 37 proposed lots in the evening auction of impressionist and modern art for a total of $114 million — even less than the lower estimate of trading $123.6 million

But on the auction of surrealist art held in the same on 2 and 3 February, Christie's revenue is almost twice ahead of its competitors: £29.5 million ($42.63 million) at Christie's vs. £14,86 million ($21,43 million) at Sotheby's.

the Most expensive work of the entire series of auctions was a portrait of Picasso's lover Marie-Терез Walter "Female head": cubist painting 1935 at Sotheby's paid $27.1 m (estimate lot size from $23 million). In recent times this same thing was sold three years ago for $40 million.

the Sculpture of Auguste Rodin "iris —, the messenger of the gods" was sold for a record for sculptor's £11.6 million ($16,66 million) when assessing the lot £6–£8 million (us$8.6–$11.5 million). The sculpture was once in the collection of Sylvester Stallone. The last time up for auction "iris" was sold in 2007-м for £4.6 million the Previous record for a sculpture by Rodin since 2008 held the bronze "eve" sold for £9.6 million Record sale can be considered, if only to compare in pounds, in dollars "eve" more expensive "iris" — $18.9 million Affected by the difference of the dollar against the Euro in 2008-м and in 2016-м.

Among the works that showed themselves in a good light, — colorful canvas of Marc Chagall's "Les Mariés de la Tour Eiffel" ("the bride and groom at the Eiffel tower") in 1928. The work was bought at Christie's for $10.1 million — higher than the estimate of $7.2 million And "self Portrait with spread fingers" by Egon Schiele sold for $10.4 million, above the estimate of $8.5 million And this, incidentally, was the top-лот of the auction of impressionist and modern Christie's (in years past we remember the February sale and for tens of millions of dollars).

At Sotheby's Venetian landscape by Claude Monet "view of the Palazzo Ducale to San-Джорджо-Маджоре" has sold for $16.7 million, below the estimate of $17.5 million Bright palette not helped to reach a preliminary assessment and the work of Henri Matisse's "the piano Lesson" (estimate $17.5 million, the result of $15.5 million). Another example of the drop in price applies to trading of the Surrealists: Christie's sold a canvas by max Ernst's "Stolen mirror" for $11 million, while five years earlier the previous owner paid for this thing is $16.3 million.

In General, the auctions of Impressionists and modernists were in working order. The organizers say that was pleased with the results. Several commenters noted that the lack of safeguards on top-лоты, direct or third party, gave a more realistic picture of the market. According to the Director of London art-ярмарки Masterpiece, driven TAN, it wasn't murder market, and its evolution — "is the correction, which we have long been waiting for". The results of the auction of contemporary art this week will show just how true these words.

the Material was prepared by Maria Onuchin, AI

Sources: artmarketmonitor.com, artmarketmonitor.com, artmarketmonitor.com, wsj.com, artinvestment.ru