Vasily Kandinsky: Art Market Statistics
Express founder Vasily Kandinsky abstract art today as they were a hundred years ago, attracts not only visitors, but the buyers - for collectors and investors
Vasily Vasily Kandinsky - a recognized artist-innovator, the founder of abstract art, while another teacher, theorist of art and music fan. He was able to reveal the hidden qualities of painting, to liberate it from the objective reality and to reach the intangible, spiritual art. This is evidenced by the name of his first theoretical work - «On the spiritual in art», in which he raises the painting to the metaphysical level through the expressive power of shapes and colors. Kandinsky believed that art affects the human soul is also directly and indirectly, and music (he was a fan, then became a friend and the Austrian composer Arnold Schoenberg (Arnold Schönberg)). Kandinsky retrospective, which, visiting Munich gallery Lenbahhauz , is takes place in Paris's Pompidou Center (April 8 - 10 August), and this fall will go to the New York Museum Guggenheim, demonstrates that the master has the same freshness and force of the impact that a hundred years ago.
We can not say that the work of Kandinsky auction were a rarity - they appear at a public auction. Note that in London and New York accounted for 87 percent of all profits obtained in the open air. Key records in this area belong to New York, where prices of works by the master was able to rise above twice ten point: in May 1990 and November 2008. In 1990, a huge canvas «Fuga» (1914) went under the hammer for 19 million dollars * and became the most expensive work of Kandinsky. This status it retains to this day.
The second place in the list of the most expensive works by Kandinsky took «Study for Improvisation number 3» (1909), written in the author's historical moment of transition from figurative to abstract painting. «Etude ...» was sold on the New York bid Chrisite's November 6, 2008 for 15 million dollars , not fully justified the expectations of organizers who had hoped that he could outrun «fugu». If the bidding took place for half a year earlier, the «Study for Improvisation number 3» well could reach the upper boundary estimeyta 20 million dollars. But do not refer, on the global economy has employment market.
Despite that slight disappointment, in 2008 however, the best to Kandinsky in auction sales. With the 15 million received for the «Study ...», Kandinsky has risen in the ranking by auction turnover in the money earned for the year 39,2 million dollars (25.6 million dollars for 2007). Among the achievements of 2008 should also mark a record 2.55 million dollars - just so the buyer offered June 24 at Christie's in London for the drawing by Kandinsky in 1922.
tiny paintings by Kandinsky, ranging from 20 to 30 inches, sold for an average of 300-600 thousand dollars. His abstract works on paper (drawings in ink, pencil, or watercolor), you can buy almost ten times cheaper, 30 to 60 thousand dollars. Most recently, on 5 February 2009 at Christie's auction in New York were issued, four drawings, one of which, illustration to the book «Point and Line to Plane», three times higher than the lower estimeyt and has 28 thousand pounds (40 412 dollars), despite slight damage from moisture. Taking into account the status of Kandinsky as one of the revolutionaries in the art of XX century, whose works are in great demand among collectors and gallery owners, the willingness of the buyer to purchase this work can be understood. Some of the author's watercolors are well preserved and have the exact dating can cost even more expensive paintings. And if the theme works, and creation date suggest that it belongs to one of the turning points in the creative evolution of the master, the price it may well increase. For example, in December 2005, a small watercolor «sketch to song IV» (14 x 21), established in 1911, which was founded by a group «Blue Rider», has brought at auction Hauswedell & Nolte, Hamburg 430 thousand euro (506 U.S. 798 ) with estimeyte of 140 thousand euros.
Kandinsky - the only artist who is in the top three on the profitability of all nominations rating ARTinvestment.RU . He ranks third in revenue schedules, the first place on the return of painting and the third place in the overall ranking of profitability, exceeded only by Kazimir Kazimir Malevich and .
Over the past year, despite the crisis, price index Artist's ARTIMX for creativity Kandinsky has increased by 35 percent. This is particularly revealing in the background that the consolidated price index of Russian art in the same period fell by 15.1 per cent. If you look at the auction statistics from 2001, the picture is even more impressive: over 8 years, the price index for paintings by Kandinsky grew in 4,5 times, as for graphics - in 5,6 times.
material prepared by Catherine Onuchin, AI and Vladimir Bogdanov, AI
Source:
* All prices are exclusive of Buyer's Premium, and therefore may differ from the prices indicated in other media site. - AI .
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