Art Investment

In New York held "affordable art auction” Christie's First Open

September 23 in New York were trading Christie's First Open, which were represented affordable works of postwar and contemporary artists. A few tens of thousands of dollars could acquire Prints of Gerhard Richter (Gerhard Richter), sculpture, Kiki Smith (Kiki Smith) or a picture of Keith Herring (Keith Haring). Of the 155 lots found buyers 129 (83 percent). Statistics in monetary terms amounted to 88 per cent. The auction brought 4.4 million dollars, a full million more than the result of the previous First Open, held in the spring.

Top-lot trades, however, was the work that "accessible" to name really does not. Painting "Flowers", made in 1964 by Andy Warhol (Andy Warhol), left for 1 082 500 USD *. Its preliminary estimate was 500-700 thousand. In the second place in the list of the most expensive lots was the construction of aluminum and Plexiglas, entitled "Bouquet of Stephen", whose author is an American artist Roni Horn (Roni Horn). Buyer laid out for the work of 242,5 thousand dollars (estimate 70-100 thousand).

Good results have also shown creations Adolph Gottlieb (Adolph Gottlieb), Takashi Murakami (Takashi Murakami), Sigmar Polke (Sigmar Polke) , Yue Mintszyunya (Yue Minjun), Keith Haring, Konrad Marc-Rellich (Conrad Marca-Relli), Raoul de Keyser (Raoul De Keyser) and Myubina Orkhon (M übinOrhon). Most of the works exceeded estimate.

First Open Auction held in 2005. They can be purchased as a work of recognized masters and beginning artists.

* All prices include Buyer's Premium.

article prepared by Julia Maksimova, AI

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


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