His collection of Marron collected more than 20 years, it consists of 850 works of art, previously estimated at $450 million

In to Bloomberg, the collector's heirs, who died in December 2019, turned to the leading auction houses, who should submit their proposals in the coming months — February 2020.

In the case of the transaction collection of don Marron will have a second source of income on the market works by artists of the first row this year: at the beginning of the year news on the withdrawal at the auction valued at $700 million collection of Harry and Linda of maclaw. Together these collections can add in auction turnover in the art market is approximately $1bn.

the emergence of the contemporary art market is such a large number of artworks of the highest price segment with good provenance, obviously, it will smooth out a sad impression, formed after the autumn auction last year, when-за the lack of high quality proposals, sales dipped to an average of 20 %.

Contemporary art, by the way, admission to the market works from private collections, most likely, will not be limited to: the heirs of the deceased recently German collector Ferdinand Nyssa, whose collection of art, art-нуво is estimated at $46 million, probably, soon will also turn to auction houses, according to the portal ARTnews.

According to the report ArtTactic, in 2016 the sales turnover of the collections in the sole possession is only growing, and by 2019, reaching $3.5 billion, we Can assume that this year we will witness the appearance in the auction catalog the many lots that have not participated in the bidding and possibly, a new record of sales results.

With records and figures of the past year read more can be found on our website in the near future in a separate analytical material devoted to private collections.

the Material was prepared by Maria Kuznetsova AI

Sources: bloomberg.com, artnews.com, artinvestment.ru