Do awards at the Venice Biennale auction of works of winners of destiny?

June 7, opened the 53rd Venice Biennale - home of the world exhibition of contemporary art. out a day earlier was awarded . The main prize - «Golden Lion» for more exposure - was the U.S. pavilion, which displays works of conceptual art legend Bruce Naumann (Bruce Nauman). Another «Golden Lion», which was a better artist, get Rebergeru German Tobias (Tobias Rehberger), apply for the Palace of Exhibitions cafeteria. I wonder whether the Venetian «Lions» to market the fate of works of artists?

first Venice Biennale was held in 1895. First «Golden lion» won two artists: Giovanni Segantini (Giovanni Segantini) and Francesco Paolo Michetti (Francesco Paolo Michetti). More than a hundred years have elapsed from the exhibition, but these painters have not forgotten - their work regularly appear at auction. Last year, the picture Michetti «return to the field», written in 1875, brought to Milan bid Finarte 110 thousand euro, making an annual income from sales of the artist's creations grew by 400 percent.

However, work Segantini Michetti and appear mainly on the Italian auction. This international dimension has gained Biennale in 1907, when various countries have put their artists in separate pavilions. In recent decades, «Golden lion» repeatedly received this «heavyweights» art market: in 1988, received the award Jasper Johns (Jasper Johns), in the 1993-meters - Antoni Tapies (Antoni Tapies), in the 1997-meters - Gerhard Richter ( Gerhard Richter), and 1999-m - Tsayu Gotsyanu (Cai Guoqiang).

Many of the owners of «Golden lion» to receive awards could not boast special auction success. With the premium prices for their work increased. Take, for example, such artists as Pierre Yuig (Pierre Huyghe). In 2000, a list of his works sold at public auction, there were only two work. They appeared at a provincial auction in the French town Dessaut ARMENTIERES and yielded a very modest amount - about 200 euro each. In 2001, received Yuig «lion», and his works have become increasingly exposed to the auction. In April 2006, its print «Street Longvik, Dijon» left over 32 thousand euros in Paris Christie's. Estimeyt works, let was only 8-12 thousand. At the beginning of creation Yuiga be sold only at the French auction, but in 2008-m of his work appeared in the auction catalogs of English auction Christie's and Phillips de Pury. A similar story with the works of Iranian artist Shirin Neshat (Shirin Neshat), won the main award of the Biennale in 1999. In May next year, her photo «Untitled (Woman with a gun)» brought to New York's Sotheby's 16 thousand dollars (specialists of the auction house estimated the work in the 4-6 thousand). Incidentally, this was the first appearance of the work of Neshat at public auction.

Gerhard Richter, who now occupies fifth place in the list of authors the most expensive works of living artists and is at the seventh place in the rating of Top-10 artists on the auction traffic , in the early 1970's, participated in the Biennale and other major exhibitions such as Documenta in Kassel. But a serious increase in the price of his work began in the 1980's. In a year when he became the winner of «Golden Lion» (1997), the list of most expensive painting his creations headed «Tourist Office», sold at Sotheby's auction for 410 thousand pounds (677 thousand dollars). And now the work of Richter's paintings go for astronomical sums: In the past year, five of his paintings brought to auction more than $ 10 million!

Kontseptualist Cai Guoqiang, one of the authors of the most expensive works of Asian artists, became the owner of «Golden Lion» long before the Chinese art boom (remember that the market for Chinese art in the period from January 2005 to January 2008 st rose by 255 per cent). A year later, after Cai received the award, his work first appeared at auction (Christie's in Taipei). This figure was gunpowder spent over 95 thousand dollars - three times more estimeyta. In 2007 and 2008 figures of similar size yielded from 400 to 800 thousand dollars. Record for Tsaya is the sum of 8.4 million dollars, which in 2007 began a series of 14 works.

expected to soon vospryanet market works and the winner of this year - Tobias Rebergera. The most expensive piece of sculpture that the artist is Cutting Library, sold in 2006 at Sotheby's for 14 thousand pounds (26 thousand dollars).

In 2007, the Biennale's first appearance at the African pavilion. This year, the number of newcomers is composed of the UAE. Art Market Emirates is growing: in 2006, has opened representative office in Dubai Christie's, and 2008-meters - a branch of Bonhams. It is likely that the works of artists, representing the UAE at the Biennale, will soon be seen in the catalogs of both auction houses ...

Material prepared Yulia Maksimova, AI

Sources: artprice.com , artinvestment.ru