Art Investment

Roman Abramovich and Dasha Zhukova bought the world's largest collection of works by Ilya Kabakov

Ilya
Ilya and Emilia Kabakov
Source: bloomberg.com

Roman Abramovich and Dasha Zhukova bought the world's largest collection of works by Ilya I. Ilya Kabakov . The exact amount paid for this meeting is not known, but according to some reports, the body of about 40 paintings, about a dozen of the most important early albums and installations is estimated at $ 60 million. The works are mainly collections doemigratsionnomu period Kabakov (artist left Moscow in 1987).

create this collection of American collector John L. Stewart (John L. Stewart) spent twenty years. It includes many of the key terms of the artistic and historical value of the product Kabakov. This, for example, pictures of the famous series "Holidays". Ten represented in the collection of paintings Stewart participated in the artist's 2000 retrospective at Bard College in New York. One of them - "Holiday № 10" (1987) - in 2011, was sold at Phillips for 1.5 million pounds (2.4 million dollars).

In redeemed Abramovich meeting 8 albums are also a series of "10 characters." Created in the years 1968-1975, these albums pencil drawings now have a great value. They are very fragile, so rarely exhibited. In each such album from 32 to 72 pages, tells the story of one of the fictional characters Kabakov.

Jon Stewart planned to sell his collection of works by Kabakov some time ago. The total estimate ranged from 30 to 60 million dollars. Purchased the entire collection, Abramovich has protected it from spreading and separation; Emilia Kabakov said: "Now it is saved. The collection is the future ».

Abramovich and Zhukova long patronized Kabakov. They organized their first retrospective in 2008 in CSR "garage", and total installation "Red Wagon" was presented on their behalf to the State Hermitage.

Source: artinvestment.ru


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