Top 20 works of the sixties
ARTinvestment.RU   22 августа 2012

Rating auction results - this is not the distribution of the artist's place in art history. Rather, it can be regarded as "puzomerku" for auction - a testament to how well they were able to sell items during the Russian boom

Despite entertainment destinations such ratings, traditionally they have to anticipate many reservations. Thus, the position in the ranking of auction results is not an objective assessment of the artist, and the rating - it is by no means a distribution of places artists in the history of art. Although a certain logic to it and traced - for example, a high score of Moscow Conceptualism - yet formally in the top 20 no auction results of a number of key figures in post-war art, symbols of his generation. No Ernst Unknown , Vladimir Yankilevsky , Oscar Yakovlevich Rabin , Dmitry Plavinsky , Vladimir Yakovlev , Anatoly Zverev and many others. So what can I say more? With far more reason rating can be viewed as "puzomerku" for auction - a testament to how well they were able to sell items during the "Russian boom". On let's decided to do. And move on to the money.

Before the 2008 crisis, the segment of the sixties, nonconformist (or, more precisely, the post-war non-art) grew faster pace. For five years the price of the sixties grew by 5-10 times. Sometimes this growth was simply stunning. For example, according to our measurements ARTIMX indices show that the conditional thousand dollars invested in the works of Oscar Rabin in 2003, at the peak of Russian boom, in 2008, turned into a 14,788 dollars. Almost 15-fold increase, and it is on average! And no wonder. This explains the rise in mathematics with a small initial base - the fact that until 2003 the artist cost about 4-6 thousand dollars, and by the 2007-2008 his personal records were set at levels higher than 300 thousand dollars. It was not exaggerated process bubble. Price revolution followed sincere public recognition - collectors rediscovering nonconformists. Although against such purchases were made violent love sometimes too impulsive.

But of course, such rapid growth could not go unpunished. Despite optimistic expectations that the crisis has not hit the art market, prices after 2008, adjusted downwards. Feels like, the correction in the work of the sixties was 20-30 per cent. These figures, when compared with the crash of Gazprom shares, do not look dismal. As always, to a greater extent in the crisis hit-priced items of medium and low quality. Masterpieces such external trouble usually do not touch.

on empirical estimates, the crisis hit the market works sixties still stronger than the classics. Since 2008/2009, they became much less appear at auction. Top auction houses included in the catalog of 3-10 works, auction of postwar art not performed, and at all the masterpieces are rare: sellers were reluctant to put them at low prices.

The next stress test for the market were nonconformists auction BRIC house Phillips de Pury in 2010 . At the time, it turned out that, along with the profile for this auction works of contemporary artists ( Anatoly Anatoly Osmolovsky , Sergey Bratkov , etc.) in a very strong catalog includes works by Vladimir Yankilevsky, Oleg Vasiliev , Erik Bulatov . In the yard in the meantime was the height of the crisis in April 2010, and all shapkozakidatelskie sentiments are long gone. And seems to be at the wrong time the auction was a great success. Some artists (such as Vladimir Yankilevsky a triptych for 133 thousand pounds and Anatoly Osmolovsky) does update their personal records. A gigantic canvas Vitaly Komar and Alexander Melamid «Meeting Solzhenitsyn and Böll at Rostropovich's dacha" is not just entered the top twenty most expensive paintings of the sixties, and it fell to fourth place. From start to 160,000 pounds thing dotorgovali to 667 thousand pounds.

Interestingly, just four the first lines of the top 20 is occupied records set precisely on Phillips de Pury, and not at Sotheby's and Christie's. And just at this site, which specializes in contemporary art, was established six records of twenty. By comparison, Christie's was only one record, and the Russian national auctions - no.

fact, since 2008 the sixties chart breaks open only twice. Already mentioned the work of Komar and Melamid in 2010 - support thing with history, there is understandable . And before that, in 2009, the 14 th line rose early picture Boris Sveshnikov «Dame cat skull ", sold at MacDougalls. Can we conclude from this that the market for non-conformists have not yet recovered from the crisis? Rather, we can say that today the prices returned to their rational values: no new emotional record, but good things too cheap not buy.

Asked about the prospects of the market post-war non-art, on whether that increase prices, begs another question: what other options? Sixties eyes become antiques in every sense. Overall market successfully stood the test of the crisis and at least understandable pricing horizons recovery growth. Masterpieces are no longer becomes. Except for a few artists "at risk", the market is a little infected fakes. From the point of view of historical estimates have placed most emphasis, although there still might be some movement. In my opinion, among the artists of this generation are still as much undervalued and overvalued. In this market, plus running the serious drivers. Sixties is in many famous private collections around the world (in Russia, for example, Semenikhin, Michael Alshibai, Alexander Kronik, etc.), in Europe and America have other art museums, regularly hosts exhibitions and retrospectives (including as recently as yesterday at the museum was opened to the delegates' exhibition from the collection of Peter Nowicki, Polish ). Unlike previous years, much effort is invested in order to display their creativity. All this makes the subject not only of interest to collectors, but also a promising investment. Confirmation of this we are likely to see is next fall. In our entertainment ranking certainly will again have to make castling and make room ...

Below is a rating of the auction of works of the sixties, based on the database of auction results ARTinvestment.RU. Regardless of the currency of the transaction all prices there are in dollars (converted at the exchange rate at the date of sale) and include the buyer's premium (Buyers Premium).

Top 20 works of the sixties

Formation rating - Elena Vladimirova, AI
Comment - Vladimir Bogdanov, AI