How are things going in the accessible segment of the art market?

The Draw graphics historically considered the most accessible segment of the art market. 75-85 per cent of the prints found on the public auction, are cheaper than two thousand euros, and the first in meetings beginning collectors, operating very modest budgets, often appear exactly this kind of work. Auction deals with the prints in the last ten years amounted to 10-17 per cent of total sales, they also were responsible for the 1,6-3,6 per cent of the world's auction revenue.

According to Artprice. com, for six years (from January 2002 to January 2008) price index rose by lottery graphics 110 percent. Market tumult of 2005-2008 is not spared this segment of the party: compare the 2003 (sold 34,1 thousand prints for a total amount of 74,8 million euros) and 2006-th (51,3 thousand, 138 million euros). The peak was in January 2008 th; over the next 12 months prices have fallen Prints 33 percent - with paintings, drawings, photographs and sculptures have fallen in price by an average of 19-22 per cent. However, in 2009 on the "lottery" market more or less stabilized, while painting, sculpture and photos continued to fall in price.

As for specific authors, there is unchallenged reign Pablo Picasso (Pablo Picasso) and Andy Warhol (Andy Warhol). With brutal fertility of these artists art market is downright awash in their lottery products. Two grants were the only ones whose prints managed to gather in crisis 2009-m more than 10 million euros.

During his 74-year career, Picasso produced more than two thousand prints. 63 per cent of its auction sales in 1997 - deals with the lottery drawing. These sales provided 5 percent of the auction revenue artist. The most expensive prints by Picasso, who had gone under the hammer in 2009, was the "bust of a woman in a headdress with tassels and a bodice with printed pattern, which was purchased for 150 thousand euros at auction Hauswedell & Nolte in Hamburg (17 June). These prices are not the rule: of the nine thousand signed the name of Picasso prints sold in the last ten years, about 60 per cent yielded less than 5 thousand euros. In general, you can find lists of Picasso with this signature (not stamp) for 1-2 thousand euro: An example - lithograph "The musician, dancer and a goat, for which the buyer laid all 1 191 euro (trading Dobiaschofsky Auktionen AG, Switzerland, 12 November) .

Despite the prestige of a signature prints of the great Spanish modernist grow slowly in the price: for 10 years, their price index rose by only 5 per cent. But The Draw graphics by Andy Warhol went up by 50 percent! Of course, this can not be compared with indicators uorholovskoy painting - where the increase was 524 percent ... Although the picture of the founder of pop art are tirage: the artist erected the reproducibility of a cult. Each year at the auction goes from 1 to 1.5 thousand prints by Warhol: this indicator is ahead of it, even Picasso.

In 2007, two portfolios of the artist brought about 1 million euros each: prints with image of Marilyn Monroe (Marilyn Monroe) went for 680 thousand pounds sterling, and portraits of Mao found a new owner for 720 thousand. Both portfolios were sold at Christie's auction in London on 20 June and 16 October respectively.

Material prepared Yulia Maximova, AI

Source: artprice . com , artinvestment.ru