Art Investment

Perevalivaet Christie's to auction the most expensive work of Malevich

"Suprematist composition" Malevich's 1916 will appear at the auction of impressionist and modern may 15, 2018. 10 years ago it was sold for $60 000 000. Now we can expect a new record for Russian art

"Suprematist composition" Malevich in 2008 could be sold for 100 million or more, anticipating all records Giacometti, Picasso and bacon together. She was flawless in all aspects: unconditional authenticity, clean provenance, restorative origin, without legal encumbrances, plus the quality. This is the best of the five paintings, who sued the Dutch Stedelijk Museum.

But on 3 November 2008 at Sotheby's auction turned out to be not 100, but "only" 60 million including Commission. There were rumors that if bought Abramovich, but this is not accurate. And with this result Malevich painting takes second place our rating of Russian artists, skipping ahead only Mark Rothko with his color fields paintings for $million, representing 86.8

an Example of Malevich — exemplary investment scheme for big money: buy at Sotheby's, hold for 10 years and resell at Christie's. From the re-sale may be a new record. Our forecast — about $140 million. Why? This painting can be pivotal for any new Museum. Even one is enough. An absolute masterpiece for any guide. After all, museums are built a huge number of — in the middle East, China, etc. And Malevich is not more. In addition, Malevich — artist of international importance, the fact that he is Russian, damage should not. He will be fight not ours, but Western millionaires. And in the West there is no financial crisis, money from the rich is now full, and high-end auctions and then explode with new records. While the rest of the time is selected...again

the People of mystic consciousness, learning about Malevich, note: luck is so-so. This Suprematist canvas appears like the flying Dutchman. Last time it traded at the beginning of a protracted global crisis that the international situation is now that still. However we are in such omens do not believe. All this nonsense. In the spring, to blink no time, as the first potatoes are ripe.

Sources: artguide.com, artinvestment.ru, christies.com

What else to read on the topic on AI:
the Ratings of AI: the Most expensive paintings of Russian artists;
AI: "Suprematist composition" Malevitch at Sotheby's. Three days before the record.


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