Art Investment

«Russian Week» in London continues

The results of the evening trades Macdougall's and Sotheby's auction day

Yesterday in London, two more Russian art auction - bidding Macdougall's evening and day auction Sotheby's. The overall impression is: the buyers, of course, the economy, but did acquire the work, that is reason for optimism.

House of Macdougall's, founded in 2004, spent the evening trading for the first time. «Baptism of fire», it was not easy: of the 62 lots have gone a little less than 40 per cent. Auction has 5 million pounds (7.68 million dollars) at estimeyte 12 million pounds. The two top lots had 40 percent of the total.

«Not the best results of the tenders due to the fact that estimeyty too high and the market now" perezhidaet "- said Kiev Collector Alexandre Tabalov. - Some potential buyers wait for price reduction». Tabalov took a picture Mikhail Klodt «View of Kiev from Muravevskogo Garden», but it proved too expensive. Estimeyt product was 800 thousand pounds, which the collector, «two times larger than necessary». The picture in the end no one bought. A Tabalov acquired work «Leda and the Swan» Russian symbolist Nicholas Kalmakova , paying for it 216 thousand pounds (the upper estimeyt product was 180 thousand ).

The most expensive lot was the group of 122 drawings , among which were frank and erotic scenes. The drawings went for 1.17 million pounds, not dotyanuv to lower estimeyta (1.5 million). The seller was an American collector, buyer - Russian.

Second place in the list of most expensive painting took lots Isaac Levitan «illumination Kremlin in honor of the coronation of Nicholas II» . She went for 1.09 million pounds (lower estimeyt - 900 thousand). Another top lot, «Golden gift» Borisa Anisfelda (which is evaluated in the specialists 750-1 500 thousand pounds), the buyer is not found .

Today, the London auction runs Macdougall's, on post-war Russian art, but tomorrow will be day trading works by Russian artists of XIX - XX centuries.

Yesterday was also the day the auction Sotheby's (on the evening read here ). Tenders had 5.89 million pounds, with estimeyte 8.3 million. Buyers have found about 43 percent of the proposed 288 works.

Top-fathomable became «Shut» Mikhail Klodt, work was able to sell over 313 thousand pounds in the estimeyte of 180 thousand. It is followed by «Polyana» Ivan Shishkin (289 thousand, estimeyt - 200 thousand) and «Shtil» Ivan Aivazovsky (193 thousand, estimeyt 150-200 thousand).

At the auction also sold works of postwar art, among which was the most expensive cloth Oleg Oleg Tselkova «A man with a lemon ». It went with a large excess of estimeyta - 109 thousand pounds, with preliminary estimates of 50-70 thousand. Another top lot in this category, the work of «Rotation» Oleg Oleg Vasiliev , was sold for 97,2 thousand (estimeyt 80-120 thousand).

Total Sotheby's two days of auctions earned 21.9 million pounds. Today, auction houses hold auctions items of decorative art, books and manuscripts.

Material prepared Yulia Maksimova

Sources: bloomberg.com , artinvestment.ru

PS On this topic can also be read:

Season «Autumn - Winter 2008». Summary of price forecast Russians bidding

Review of forthcoming book auction


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