Eugene Chubarov - the top rating of the most successful launches in 2007
ARTinvestment.RU   11 июля 2008

In 2007, the work of many contemporary artists, the first sold at public auction. Artprice.com published rating Top-50 most successful launches. It was headed by Yevgeny Chubarov, a three-step located below Semen Faibisovich

Every year in the auction catalog is about three thousand names. The first sale at public auction often sets the price bar for all the works of an author in the near future. Gallery harder to promote their artists, if they were not able to well «a show» auctions. Decent sales at auction - a guarantee of success in the primary market. So, who of contemporary artists, has become a major debutants in 2007? Artprice. com offers a Top-50 rating.

auctions in the world a lot, but the status of the site is of great importance. For the beginner artist there is nothing prestigious than the presence in the directories Sotheby's, Christie's and Phillips De Pury & Co. These auction houses, selling works of giants such as Jeff Koons (Jeff Koons), Damien Hurst (Damien Hirst) and Peter Doig (Peter Doig), provides an excellent guarantee of future success.

The best combination for an artist - the support of several large galleries and attention from collectors who have the gift of vizionerstva (or believe that they possess them), and therefore willing to risk and lay out for his paintings, sculptures or installations amount to seven zeroes! Now the most money spent on works of art buyers from Russia, China, India and the Middle East, always ready to support artists from their countries.

One of the artists have all the ingredients of success - our countryman Chubarov (b. 1934). 15 February 2007 of its largest (200 x 300) noname paintings in 1992, has in an asset sale in the gallery Tatintsyan Gary (Gary Tatintsian) (1999) and exhibit at the State Russian Museum (2004), was sold in London at an auction of contemporary Russian Art Sotheby's. For buyers from Russia catalog these tender is specifically translated into Russian. Painting Chubarova with estimeytom of 40-60 thousand pounds in the end went for 240 thousand pounds (358 thousand euros). Six months later, the auction house Phillips De Pury & Co., Taking advantage of a favorable environment, the artist had sold a similar work for 600 thousand pounds! This success is mainly provided and Eugene Chubarova first place in the list of the most successful debuts at auctions: four works Chubarova in 2007 brought in the amount of 892 560 euro.

The fourth place in the rating is the Semen Faibisovich . Last year it was sold five of his works in the total amount of 372 398 euro.

the interests of national participants rank beginners. It includes artists from Iran (Parviz Tanavoli (Parviz Tanavoli), Sedaghat Jabbari (Sedaghat Jabbari), Golamhosseyn Us (Gholamhossein Nami)), UAE (Abdul Qadir al-Raez (Abdul Kadir al-Raes)), Lebanon (Shawqi Shamun ( Chaouki Chamoun)), Syria (Khaled al-Saai (Khaled al-Saai )).

But most of all, of course, the Chinese, whose country currently experiencing an unprecedented art boom. They belong on the list for almost three quarters (!) Positions. 58 percent of their most successful sales realized in Asia. In China, the proposal could hardly keep pace with the demand for works of art: in the country, many auction houses, which often involved the support of young artists. Of all the Chinese successful debut Lixin Sun (Lixin Sun, r. 1955), the next in the ranking after Chubarova. In May last year, his painting «Long jump over Mount Minshan» was sold for 5.5 million yuan (536 thousand euros) in the Poly International Auction Co. in Beijing. His compatriot Yachuan Shao (Yachuan Shao, Dr.. 1958), took third place in the list. The Beijing bid Duo Yun Xuan Auctions, held in July 2007, his painting «Guarding dam» left over 4.6 million yuan (445 million euros).

The main surprise Top-50 ranking - the existence of only one resident of the United States. Justin Fons (Justin Faunce) is also the creator of the youngest on the list: he was born in 1980. One of his paintings were sold at Phillips de Pury & Co. in New York for 130 thousand dollars. Fons took 22 th place in the ranking.

Frantsuzov among the rising star of auctions, too little, just two. One of them, Jules de Balenkur (Jules de Balincourt, r. 1972), working in a Brooklyn native Parisian, located at 16 th place. His paintings have been sold for 28 thousand dollars on New York's Christie's in May of last year. Six months later, another of his paintings went to Phillips de Pury & Co. (also in New York) for 220 thousand dollars. De Balenkur can boast not only a success at auctions, but good «record» exhibitions in museums: his paintings were exhibited in Paris' Palais de Tokyo, as well as in the New York Museum of Modern Art and PS1 Contemporary Art Center. Another Frenchman, Kader Attia (Kader Attia) also successfully debuted on the public auction, and took 41 th place in the list. His installation «flying rat» (150 live pigeons klyuyuschih sculptures of children from sponges and beans), despite the contradictory reactions of the audience, left in February 2007 at Christie's in New York for 75 thousand dollars. Installation exhibited at the Lyon Biennale in 2005 and was sold at auction as part of the collection of Pierre Hubert (Pierre Huber).

chinese art boom greatly affected the value of «entrance ticket» rating in Top-50: Now it is 50 thousand euro! In 2000, when the price of art still can be described as acceptable and among the buyers was much smaller than Asians, get on the list could have been, «natorgovav» for his first year auction on 12 thousand euro.

Most of the artists included in the Top-50 in 2007, managed to stay on the art market and in several times to increase the amount of the first sale at auction. Repeat the success they have, for example, Maurizio Kattelana (Maurizio Cattelan)? «Sperm», his first work sold at auction, went for 140 thousand dollars. Now the price of his works reach seven-sums. Record - 2.7 million dollars for a sculpture «The Ninth Hour». Of those who began his career with the auction of several tens of thousands of dollars, many have sold their works for amounts in excess of 100 thousand dollars. Among them are worth mentioning Shirin Neshat (Shirin Neshat), whose work in May 2008 was sold for 265 thousand dollars; Hodzhsa Jim (Jim Hodges), whose works are often higher than at the auctions in terms of 300 thousand dollars; Peya Mina Yan (Pei - Ming Yan), whose paintings often takes more than a million dollars; Demanda Thomas (Thomas Demand), photographs of which are regularly brought to owners of more than 100 thousand dollars.

Seven years ago, the acquisition of paintings, sculptures and installations of the principal names of the buyers of contemporary art carried a good investment potential. Interestingly, expects rising stars of 2007, if they work from the very first step in three times more expensive works of those who began his «auction life» in the 2000-m ?..

A full list of Top 50 can be found here .

Source: artprice.com