Art Investment

Market Photos: ups and downs

this summer for outdoor photography exhibition opening three famous masters of this genre. National Museum in Cardiff until 31 August you can see pictures of Diane Arbus (Diane Arbus). At the International Center of photography in New York until September 6th you can visit a retrospective of Richard Avedon (Richard Avedon), and in the European House of Photography in Paris until August 30 an exhibition of works by Henri Cartier-Bresson (Henri Cartier-Bresson), dedicated to the centennial of the author.

No less interesting event is taking place these days in Arles - The annual French Festival of Photography Rencontres de la Photographie d'Arles ( «Meetings in Arles, July 7 - 13 September), which in this celebrates its 40 anniversary. The main prize of the festival - prize "Opening" - went to the Lithuanian photographer Rimaldasu Vikshraytisu (Rimaldas Viksraitis), yet little-known author, who introduced to the public famous Briton Martin Parr (Martin Parr).

Portfolio Parra himself this summer, you can see at the exhibition "Planet Parr" in the museum complex Jo de Pom (Paris, 30 June - 27 September).

Photos Martin Parr, for example a series of "last resort: Photos of New Brighton »(Last Resort: Photographs of New Brighton), began to appear at auction back in 1980. Currently the market come across quite a lot of his silver-gelatin prints and costs an average of 300 to 1000 dollars. Their format is fairly varied, but the large size of the photo does not always imply a high price. So, in November 2008 at an auction Piasa imprint "Hands" in a series of Common Sense in size 102 x 151 was sold for only 800 euros. As for the record price for the work of Martin Parr, he is 4 thousand pounds for the picture "Acropolis", which went under the hammer on November 20, 2007 at an auction Phillips de Pury.

In general, work Parra could be called quite affordable in comparison with photographs of American Nan Goldin (Nan Goldin), who came at this year's festival in Arles, not only as participants but also the guest curator. If a record is kept at Parra in 4 thousand pounds, that Goldin exceed its record five times. During the period from 1999 to 2001 the price index for its products rose approximately 300 percent, that is literally took off, but in the next three years, declined slightly (to 32.4 per cent). In 2004-2008 he was relatively stable, but then again began to wane. Here is one of the best examples of the price evolution. Snapshot "in the bar. Bangkok has installed in May 2000 at Christie's record price of 36 thousand dollars, in May 2002 its price had dropped to 8,1 thousand euro (7,46 thousand dollars), and in 2005 again rose above the mark in 15 thousand dollars. At the last auction in May 2009 (Phillips de Pury) picture brought 22 thousand dollars.

C late 1990's, various festivals, exhibitions and fairs photos were fairly common, which largely contributed to increasing prices in this sector: in the period from October 2001 to April 2008 growth rate of 106 per cent. Then the decline began, which by the end of last year reached 25 percent.

In recent years, some photos have caused a real buzz among customers. For example, the price shot most of the world famous Centerfold "Stephanie, Cindy, Christy, Tatjana, Naomi, and" made Ritzen Herb (Herb Ritts), in 2006-2007 ranged from 45 to 90 thousand dollars. Only in March 2009 at Christie's auction in New York, it fell to 35 thousand dollars.

It reduces turnover and the market, Andreas Gursky (Andreas Gursky). In the period from May 2006 to February 2008, six of his works were sold more million dollars. Among them special mention should be the success of "99 cent II», which left the milk on the Sotheby's on Feb. 7, 2007 for 1.5 million pounds and became the most expensive photograph in the world. However, now works Gursky, whose value exceeds $ 100 thousand sold sluggish - at best, within the estimate.

not better things and have Andres Serrano (Andres Serrano). 13 May 2009 at Sotheby's one of the prints of his scandalous Piss Christ was sold for 120 thousand dollars. At the same time a year ago, 14 May 2008 at Christie's, the same picture exceeds estimate twice and brought in 230 thousand dollars. More than half of Serrano's work, trade from January to July 2009, never found their buyers.

Nevertheless, this year's auction houses Chrisite's, Sotheby's and Phillips de Pury were able to replenish list of his accomplishments. July 1, 2009 at Christie's set a new record for a famous photograph Nastassja Kinski with a snake Richard Avedon (Richard Avedon) - 38 thousand pounds. At $ 100 thousand customers have paid for the work of "New Orleans (tram) Robert Frank (Robert Frank; March 30, Sotheby's) and" Calla "Robert Mapplethorpe (Robert Mapplethorpe; March 31, Christie's).

bad things are going and even in some contemporary photographers. Snapshot Philip-Lorca diCorcia (Philip-Lorca DiCorcia) «New York exceeded the estimate twice and brought a 10.5 thousand pounds in London auction Phillips de Pury. Photo by David LaChapelle (David Lachapelle) «Flood: Museum" went under the hammer for 70 thousand dollars at Sotheby's on June 26. Price record set in May this year, Florian Maier-Aichen (Florian Maier-Aichen) and Nick Knight (Nick Knight). "Seddl Peak" Mayer-Eichenau was sold at Sotheby's on May 13 for 125 thousand dollars, "Devon" Knight, May 16 at the Phillips de Pury got a buyer for 48 thousand pounds, with nearly five-fold excess of estimate.

The following photos are scheduled for auction in October 2009: October 7 in New York will auction Christie's, even two days later - Sotheby's, and October 15 in London will auction Phillips de Pury.

article prepared by Catherine Onuchina, AI

Source: artprice.com , artinvestment.ru


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