Updated rating of the most expensive Russian artists
ARTinvestment.RU   10 февраля 2020

Tamara de Lempicka has risen from 9-го 7-е place in the list of the most expensive works of Russian artists. Her personal record — $21.1 million — was installed at Christie's and amounted to 25.8 % of total sales for the auction evening

Russian artist Tamara de Lempicka became the star of the evening trading Christie's "the Art of impressionism and modernism" in London on Wednesday, February 5, 2020. Painting in the style of al-деко "Portrait of Marjorie ferry" (1932) was sold for £16.2 million ($21.2 million) and set a new auction record for the artist. Thus, in just 3 months had improved the previous record of Tamara de Lempicka: "Tunic the color of a rose" (1927) was sold for $13.3 m at auction Sotheby's in new-Йорке 5 November 2019.

portrait of a diva Parisian cabaret Marjorie ferry, written Lempicka by order of the husband of the singer, was sold in 1995 for $553 thousand Fourteen years later its price rose to $4.9 million the Current sales job for $21.2 million brought the last owner of $16.3 million profit over ten years (CAGR of 33.3 %), excluding costs for maintenance. According to of information Artnet, a lot even had a guarantee of a third party — unknown a guarantor willing to buy the work at the reserve value, if auction will end in vain. In the end, the last two bets made over the phone from London and the United States, exceeded the upper estimate more than a third.

Artsy reminiscent of that the interest in creativity Lempicka extends beyond the art market: the musical Lempicka narrates the exile of the artist from revolutionary Petrograd to Paris to be staged on Broadway in new-Йорке the end of 2020.

Updated the ranking of the most expensive living artist can be viewed here.

Denys Belkevych, AI