According to the Czech press, now supposedly bought the collector from Russia

Frantisek Kupka
Blue forma.1913
Source: iluxurylife.cz

last week painting the famous Czech abstractionist Frantisek Kupka (František Kupka, 1871-1957 ) "Blue Form" (1913) was the most expensive piece of Kupka and also the most expensive piece of Czech art in the world. At auction in the Czech capital Prague, the buyer paid for it 57.42 million CZK /EUR 2.5 million (hammer price - 55.75 million CZK). This result surprised even the organizers of the auction - digging Adolf Loos Aprtment & Gallery, because they hoped to gain for their work, only about 45 million kroons (1.8 million euros). The buyer (rumored to our countryman) was one of three contenders for the job, traded her on the phone and was originally willing to pay more than 50 million kroons.

work Kupka - one of the earliest works in the genre of abstract painting in the world. According to Jan Skrivanek (Jan Skřivánek), editor in chief of the Czech magazine Art + Antiques, an abstraction of such values ​​do not appear on the market about 10 years.

Frantisek Kupka is considered one of the founding fathers of abstract art . In 1912 Kupka exhibited his work "an amorphous, or two-tone Fugue" - one of the first works of abstract art in the world. Under the influence of new technological possibilities of cinema and photography Kupka at the time were keen to capture on film the motion and time.

This auction record for the Czech market is unique because it is almost twice higher than the previous as belonging to the canvas Kupka - the only Czech artist who has received a truly world-wide recognition and presented in major museums around the world. That's what makes his work so attractive to collectors. However, against the price of the work of other masters generation Kupka current record is not so impressive. Interestingly, in 2010-2011, the entire turnover of the Czech art market was around 670 million euros, and against this background that the price for the work actually looks much Kupka.

previous world record was Kupka installed last year, for the painting "movement" at auction in London, was paid 1.5 million pounds ($ 2.4 million /35.5 million euros), but in the Czech Republic the previous price index and the artist was more modest: five years ago, the picture, "The Rise IV» was sold for 22.1 million kroons.

Kupka made a total of about 280 abstract works, most of which are sold to museums worldwide, and market creation of the Czech masters appear quite rare. The painting "Blue Form", apparently, last appeared at the public auction of the collection work of Kupka Czech industrialist Indriha Valdes (Jindrich Waldes). In 1999, the Czech National Gallery acquired seven paintings from the collection of Kupka Valdez for 100 million euros, including the work of "Cosmic Spring I» $ 25 million kroons.

Work "Blue Form" is not included in the list of works that are national treasures the Czech Republic, who can not leave the country, but before its exportation abroad of its new owner will still need to obtain permission of the Czech state.

Prepared Maria Estrova, AI

Source: artinvestment.ru