"Kandinsky in the Tretyakov gallery" has updated the ranking of Russian artists
ARTinvestment.RU   22 июня 2017

A new record for the works of Kandinsky now stands at $41 825 000. It is the third largest auction results for artists orbit Russian art. Above prices only at Rothko and Malevich

Talking about the work "Painting with white lines", for which AI made a prediction in the article "At Sotheby's exhibited a masterpiece of Kandinsky in the Tretyakov gallery". Earlier paintings Kandinsky never cost more than $24 000 000. But given that it was about perfected things the most precious period of 1913, we suggested that she set a record for the artist. And will cost at least $30 000 000. And so it was. Even much more expensive. 21 June 2017 buyers are so broke at the prestigious evening auction of impressionist and modern that almost doubled the previous record of the father of abstract art — were given almost $42 000 000.

in this work an interesting life. Kandinsky admired her, took with him from Germany when the First world war, he moved to Russia. In 1919, "Painting with white lines" was sold to the Museum of painterly culture in Volkhonka, and from there was sent to the Penza Museum, then to the Tretyakov gallery, and then, in 1970-е... in private collection, Germany, by Wilhelm Huck (Wilhelm Hack) from Cologne. As a result of a-то exchange, part of which seems to have been Lenin's letter. Details are not fully known. Was Yes splyl.

In the result of yesterday's auction Wassily Kandinsky will rise by 3-е place in the ranking TOP-100 Russian artists, surpassing Chaim Soutine. The inventor of abstraction, one of the main innovators in the art of XX century, Kandinsky is one of the most popular artists among major collectors. This is one of the best artists for investment. In the rating of Russian artists profitability Kandinsky is a 2-е place. Not surprising. Kandinsky has everything you need: name, role in history, a regular flow of high quality material. As a result — steady growth of prices and updating of records for the best quality products.

Yesterday's auction of impressionist and modern art, which sold the masterpieces of Kandinsky, Miro, Giacometti, etc., collected a total of nearly $188 000 000. It turns out that this auction sold art in 27 times more than were sold in all auctions of Russia in 2016. And this one by Kandinsky — is 6 annual sales by our standards.

Vladimir Bogdanov, AI

Source: sothebys.com

What else to read on the topic on AI:
TOP-100 Russian artists;
the Most expensive paintings of Russian artists;
At Sotheby's exhibited a masterpiece of Kandinsky in the Tretyakov gallery.