"Russian November — 2019" at the auctions in London: the results and records of Russian sales
ARTinvestment.RU   03 декабря 2019

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. Christies. Important Russian Art

26 Nov 2019. Sotheby's. Russian Pictures

27 Nov 2019. Bonhams. The Russian Sale

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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