Auction of works of Impressionist and Modern Christie's was a great success
ARTinvestment.RU   13 сентября 2008

10 September in New York was held auctions Christie's, which could buy the work of Alexander Arkhipenko, Camille Pissarro, George Grosso, and other famous artists at very reasonable prices. The results of tenders can be called impressive

September 10 in New York were held daily auctions Christie's, which could be bought Impressionist and Modern works at comparatively low prices. Auction has 3.43 million dollars, although it was only estimeyt 1,98-2,79 million. Of the 170 proposed lots to the new owners have moved 146. At the auction were exhibited works of Camille Pissarro (Camille Pissarro), Andre Derena (André Derain), George Grosso (George Grosz), Osip Tsadkina (Ossip Zadkine) , Jacques Lipschitz (Jacques Lipchitz) and many other famous artists.

Some of the top auction lots yielded unexpectedly high amount. The most expensive work was the painting «Torso» Alexander Arkhipenko . She left for 218,5 thousand dollars, which exceeds estimeyt (24 thousand) in nine times as much. A picture of the French painter Yvonne Kanyu (Yvonne Canu) «Saint-Tropez» has 76.9 thousand dollars, although it estimeyt was also quite modest - 18-25 thousand dollars. Figure «Female portrait» of the famous Gustav Klimt (Gustav Klimt) exceeded estimeyt (20 thousand U.S. dollars) more than three times and left for 68,5 thousand. In «top ten» of the three lots owned by the French painter Jean-Pierre Kassinelyu (Jean-Pierre Cassigneul), two - his compatriot Robert Pinshonu (Robert Pinchon). The most expensive painting Kassinelya, «The woman in white peignoir», was sold for 158.5 thousand dollars (estimeyt 60-80 thousand). A «top fathomable» Pinshona became paintings «Gardens with toffee», spent 68.5 per thousand, with thousands of estimeyte 30-40.

Christie's auction specialist Stephanie Sekara (Stefany Sekara) makes no secret of joy from the successful bidding. After all, the auction results show that the words «the boom in the art market» can now be used not only in relation to the high price segment. Despite the gloomy forecasts of analysts, buyers who do not have 70-80 million dollars for the painting by Claude Monet (Claude Monet) and Mark Rothko (Mark Rothko) do not lose heart and continued to bargain for a reasonable price.

Large tender pieces of Impressionist and Modern Christie's will be held in New York on 6-7 November 2008.

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