Art Investment

«Sovkom» put lots of discount

Owner of auction house «Sovkom» Yuri Tyuhtin talked today about the upcoming auction of Russian Contemporary Art

Auction house «Sovkom», to attract customers, will introduce its first auction of contemporary Russian art tonight lots from 20 per cent discount, told RIA Novosti in an interview with the owner of «Sovkoma» Yuri Tyuhtin.

«In contemporary art there is a strong demand, and« Sovkom »decided to hold the first auction of contemporary art. To attract buyers, we have deliberately reduced the estimeyty 20 per cent », - he said.

Tyuhtin explained that the auction price policy has not yet finished: «We are ready to reduce the starts of many of the additional 20 per cent, and expect that half the works will be sold».

In total, the auction, which according to its organizers, is «the broadest possible range of contemporary works of art», offered 130 lots. Auction starts with a late representative of the Constructivist Basil Ermilova ( «Still Life» praised for 120-150 rubles), thus emphasizing the continuity of the modern domestic art of the first Russian avant-garde.

«Among the top lots were a great work of 1971 Mikhail Mikhailovich Shemyakin « Carcase »(estimeyt 1.4 million rubles). This is a very good picture, which comes from the private collections of St. Petersburg. Curiously, and two paintings Vladislava Mamysheva-Monroe - «Podmoskovnye pm» (625-750 rubles) and «In all, over all thanks to you, comrade General Secretary »(625-750 rubles)», - said Tyuhtin.

Among the top auction lots - work Vladimir Вейсберга «Still life with white coffee pot and lemon» (1956-1958, estimeyt 2,38-2,5 million rubles), «Revolution» Farida Bogdalova (1991, 1-1,2 million rubles) and painting «The machine arrived» Mikhail Aleksandrovich Roginskiy" Roginsky (1998, 500-625 rubles).

According to the organizers of the auction will be unique and small sculptures of museum value Ernst Neizvestny (550-625 rubles ), Vladimir Yankylevsky (500-625 rubles), Konstantin Simun (625-750 rubles), as well as chamber works by the greatest masters of« second avant-garde »- Vasily Sitnikov , Oscar Yakovlevich Rabin , Yevgenia Mihnova - Voitenko , Boris Petrovich Sveshnikov , Vladimir Nikolaevich Nemukhin , Yevgenia Chubarova and others.

Tyuhtin noted that about 80 per cent of lots were represented by private collectors and galleries, and only 20 percent of the artists have made themselves.

«Now we are negotiating with artists to give us more work to bid. This is a purely Russian practice worldwide auction are works by contemporaries directly from the gallery. But if we convince artists to work directly to us, the auction will have the opportunity to make a cheap starts to work, can not afford the gallery, where there is a pricing policy », - he said.

Source: rian.ru


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