Art Investment

Bacon and Rothko did not find buyers at Christie's, but many work more than estimeyt

the evening of February 11 in London took place bidding works of postwar and contemporary artists, Christie's .

Auction has 8 392 750 pounds (12 085 560 USD ). Of the 29 works offered to customers, the new owners have acquired 25.

painting of Francis Bacon (Francis Bacon) «The Man in Blue VI», as predicted ARTinvestment.RU, not sold . Organizers expect the auction, that it would 4-6 million pounds. Cloth is very rare: one of seven works by the artist, who wrote «from nature», and not with pictures. The owner bought her work in 1971 to 31.5 thousand pounds.

Buyer and did not find the product Mark Rothko (Mark Rothko) called «green, blue, green on blue». This later work on the paper was estimated to be 2,5-3,5 million pounds. In November 2007, at the height of the boom in the art market, it was sold at Christie's auction in New York for 6 million dollars.

The most expensive lot was the painting auction «Monkey (Ladder)», performed by Jeff Koons (Jeff Koons). She went for 1.39 million pounds (2 million dollars), slightly dotyanuv not to estimeyta. Buyer canvases became director of the New York Gagosian Gallery Retibor Stefan (Stefan Ratibor), which last week purchased at Sotheby's Koons sculpture «pyramid» . Painting «Monkey (Ladder)» was the only lead, pereshagnuvshim the level of one million pounds. Three more pieces have the amount in excess of a million dollars.

Second place in the list of the most expensive work shared by «Singing woman I» Willem de Kuninga (Willem de Kooning) and «The burning plastic» Alberto Burri (Alberto Burri). Both went for 825 thousand pounds (1.2 million dollars). They have become buyers, who bid by telephone.

If you delete the failed lots more expensive, it can be said that the auction went well. Almost all the works that were sold at auction, brought the sum in a estimeyta or above the threshold. For example, outstanding picture Dyubyuffe Jean (Jean Dubuffet) «Miss Aranha», estimated at 400-600 thousand pounds, went for the whole 713 thousand (1 million dollars). In June 2004, appeared at London's Christie's, with estimeytom 1-1,5 million pounds. Then it does not sell, which resulted in losses for the auction house, because the work was guaranteed.

Excellent results are also shown Sevill Jenny (Jenny Saville), which shows the full naked woman, a la Lusien Freud (Lucian Freud). She went for 457 thousand pounds (679 thousand dollars), with estimeyte 300-400 thousand pounds.

picture of Takashi Murakami (Takashi Murakami) «Flower Ball (Brown)» image laughing flowers yielded 397 thousand pounds (590 thousand dollars). During her fight as many as three buyer.





























Top-10 lots of auction Christie ' s

























































































































































Author


Name


Estimeyt, pounds


Prognoz AI, lb


Price


pounds


U.S.


1


Jeff Koons


monkey (Ladder)


1,4-2 million


«Not sold»


1.39 million


2 million


2


Willem de Kuninga


Singing woman I


650-850 thousand


-


825 thousand


1.2 million


2


Alberto Burri


The burning plastic


0,8-1,2 million


-


825 thousand


1.2 million


3


Jean Dyubyuffe


Miss Aranha


400-600 thousand


Less than 400 thousand


713 thousand


1 million


4


Jenny Sevill


Connection


300-400 thousand


-


457 thousand


679 thousand


5


Jeff Koons


Jim Beam - Вагонетка with logs


400-600 thousand


-


445 thousand


661 thousand


6


Takashi Murakami


Flower Ball (Brown)


300-500 thousand


-


397 thousand


590 thousand


7


Sean Scully


More Light


300-400 thousand


-


361 thousand


536 thousand


8


Manolo Miyyares


Scene 42


200-300 thousand


-


313 thousand


465 thousand


9


Lucio Fontana


Spatial Concept


200-300 thousand


-


289 thousand


429 thousand


10


Andreas Gurskii


Prada III


180-220 thousand


-


271 thousand


403 thousand


 


Richard Prince


Untitled (Cowboy)


240-280 thousand


At the bottom estimeytu


Do not sold


 


 


Francis Bacon


The Man in Blue VI


4-6 million


At the bottom estimeytu or «not sold»


Do not sold


 


 


Mark Rothko


Green, blue, green on blue


2,5-3,5 million


Here estimeyta or «not sold»


Do not sold


 


 


Robert Indiana


Red love


400-600 thousand


650 thousand


Do not sold


 


* All prices include the Buyer's Premium.

Material prepared Yulia Maksimova

Sources: christies.com , artinfo.com , artinvestment.ru

P.S. On the auction of post-war and contemporary art Sotheby's and Christie's, you can read reviews by Vladimir Bogdanov:

Modern and post-war art at auction in London. Comes whether «the February revolution»? Part 1. «Young Lions». Contemporary Art at Sotheby's and Christie's

Modern and post-war art at auction in London. Comes whether «the February revolution»? Part 2. The Old Guard. The post-modernists in the Sotheby's and Christie's.

The outcome of other auctions, held in late January - early February, you can read the following articles:

«Old master»: sensation at Sotheby's and Christie's

«small chetyrnadtsatiletnyuyu dancer» Degas sold for 13.3 million pounds

Excellent results Impressionist and Modern auction Christie's

Sotheby's February 5: Fontana leaders and Koons

creations of contemporary artists differ as hot cakes


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