"Russian November — 2019" at the auctions in London: the results and records of Russian sales
The main figures of the three main auction "Russian week", and a bit about how true our predictions
Just for the "Russian week" from 25 to 27 November 2019 leading London auction house has sold fine art, i.e. painting, graphics and sculpture a little more than $28 2 million Annual turnover for the year 2019 (including the sale of icons and decorative-прикладного art at the same auction) are very close to $75 million Bonhams in November 2019-го was able to sell more than 50% of the "scenic" part of their catalog (the rest of the results above), Christie's almost doubled the figures compared to the previous November and Sotheby's and is reported on the best in the last five years, the result of sales of Russian painting: from the $23.3 million received Sotheby's during the auction "Russian week", the share of fine art had $18.7 million
Is selected for forecast two dozen lots we overestimated "Solar Eclipse..." Aivazovsky landscape Fechin. The rest of our evaluation were either low or 10-15% different from auction prices.
I am Glad that justified our expectations: "Spherical Suprematism" kluna, pushed under the hammer for a record for works by the artist $6.3 million, was one of 20 the most expensive works of Russian artists, when sold-либо on open auctions.
read More about how our forecasts are embodied in the auction results, see below.
Estimate, for convenience, are translated from pounds to dollars at the current exchange rate: 1.29 us dollar for 1 pound.
25 Nov 2019. Christie’s. Important Russian Art
FESHIN Nikolay Ivanovich (1881-1955) Manicure. Portrait of Mademoiselle Irma. 1917
oil on Canvas. 71,8 × 67,3
evaluation of the auction: $2 571 000-3 857 000
Opinion AI: $2 700 000
the Result: $2 089 946
Christie's. 25.11.2019
Source: christies.com
SHISHKIN Ivan Ivanovich (1832-1898) Pine forest (Dead wood). 1897
Canvas; butter. 146 × of 90.9
evaluation of the auction: $900 000-1 000 160
the opinion of the AI: $950 000
the Result: $1 325 981
Christie's. 25.11.2019
Source: christies.com
AIVAZOVSKY, Ivan Konstantinovich (1817-1900) Sunset over Ischia. 1873
Canvas; butter. 73 × 94,5
evaluation of the auction: $386 000-643 000
the opinion of the AI: $500 000
the Result: $631 649
Christie's. 25.11.2019
Source: christies.com
TSELKOV Oleg Nikolaevich (1934) a Woman with a candle. 1987
Canvas; butter. 146 × 114
evaluation of the auction: $38 000 500-64
Opinion AI: less than $50 000
the Result: $40 181
Christie's, 25.11.2019
Source: christies.com
PLAVINSKY Dmitry Petrovich (1937-2012) the Ruins of the chapel near Izborsk. 1973
Cardboard, mixed technique. 64,1 × 45,4
evaluation of the auction: $25 700-38 600
the opinion of the AI: $26 000
the Result: a $28 931
Christie's, 25.11.2019
Source: christies.com
NEMUKHIN Vladimir Nikolaevich (1925-2016) opener. 1970
Canvas; acrylic. 69,6 × 85
evaluation of the auction: $6 500-9 000
the opinion of the AI: $8000
the Result: $8 036
Christie's, 25.11.2019
Source: christies.com
26 Nov 2019. Sotheby's. Russian Pictures
AIVAZOVSKY, Ivan Konstantinovich (1817-190) Solar Eclipse in Feodosia. 1876
oil on Canvas. 81 × 118,5
evaluation of the auction: $193 500-258 000
the opinion of the AI: $280 000
the Result: lot not sold
Sotheby's. 26.11.2019
Source: sothebys.com
SAVRASOV Alexey Kondratievich (1830-1897) Losiny Ostrov. 1881
oil on Canvas. 53,5 x 45,5
evaluation of the auction: $77 400-103 200
the opinion of the AI: $85 000
the Result: $144 731
Sotheby's. 26.11.2019
Source: sothebys.com
POLENOV Vasily (1844-1927) Barca. 1897
, oil on Canvas. 40 × 65,5
evaluation of the auction: $103 200-154 800
the opinion of the AI: $120 000
the Result: $209 056
Sotheby's. 26.11.2019
Source: sothebys.com
LARIONOV, Mikhail Fyodorovich (1881-1964) still life with jug and icon. Circa 1910-1912
oil on Canvas. 98,5 × 131,5
evaluation of the auction: $1 548 000-2 322 000
Opinion AI: $1 800 000
the Result: $1 871 858
Source: sothebys.com
KLYUN Ivan Vasilyevich (1873-1943) Spherical Suprematism. The first half of 1920-х
the Cardboard on the canvas. 102 × 70
evaluation of the auction: $3 250 000-4 515 000
Opinion AI: $7 000 000
the Result: $6 262 553
Source: sothebys.com
FESHIN Nikolay Ivanovich (1881-1955) Reclining Nude
Canvas; butter. 27 × 67,5
evaluation of the auction: $450 000-707 000
the opinion of the AI: $650 000
the Result: $559 628
Sotheby's. 26.11.2019
Source: sothebys.com
WEISBERG Vladimir G. (1924-1885) Geometric shapes. 1975
Canvas; butter. 61 × 64
evaluation of the auction: $38 000 500-64
the opinion of the AI: $80 000
the Result: $88 447
Sotheby's. 26.11.2019
Source: sothebys.com
KRASNOPEVTSEV Dmitry M. (1925-1995) still life with a broken jug. 1980
Hardboard; butter. 66 × 52,5
evaluation of the auction: $32 000-45 000
the opinion of the AI: $35 000
the Result: a $48 244
Sotheby's. 26.11.2019
Source: sothebys.com
27 Nov 2019. Bonhams. The Russian Sale
TSELKOV Oleg Nikolaevich (1934) a still life of our life. 1964
Canvas on Board, oil. 37,5 × 42
evaluation of the auction: $32 000 140-45
Forecast AI: $25,000 or "not sold"
the Result: not sold
Bonhams. 27.11.2019
Source: bonhams.com
NESTEROVA Natalia I. (1944) the rape of the Sabine women. 1985
Canvas; butter. 100 × 100
evaluation of the auction: $19 300-25 700
Forecast AI: not sold
the Result is: $24 279
Bonhams. 27.11.2019
Source: bonhams.com
FESHIN Nikolay Ivanovich (1881-1955) Trees over water
Canvas; butter. 76,2 x 63,5
evaluation of the auction: $77 100-103 850
the opinion of the AI: $90 000
the Result: not sold
Bonhams. 27.11.2019
Source: bonhams.com
YAKOVLEV, Vladimir I. (1934-1998) Cat
Canvas; butter. 50 × 70
evaluation of the auction: $12 850-15 430
Opinion AI: not sold
the Result: a $16 213
Bonhams. 27.11.2019
Source: bonhams.com
Well, I must admit that the last Russian week has become one of the most successful in recent times. Into the hands of the buyers and sellers played a kind of stabilization in the market, after a period of correction, as well as improving the quality of offered for auction with a proven history and clear provenance. Which once again shows that money in the market (overseas, at least) is how and willingness to buy. The main task of the auction houses this fall was to organize a comfortable enough environment for these purchases. They, by and large, coped brilliantly.
And at the end of the — min of self-promotion. For all lots you can estimate the price yourself. Benchmarks will be the results of previous sales from our database of auction results. Pictures can be downloaded for free. It is useful to see if there are suitable examples. But the prices and the list of re-sales can be viewed only by paid subscription. The most affordable option, unlimited access for one day will cost 950 rubles. You can pay by card.
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