Last week, the auction Christie's First Open, where works of famous modern artists were sold "at reasonable prices. Results of the trades are very good: revenues were $ 7.6 million, with the preliminary assessment 3,5-5 million. Customers have found 87 percent of lots. Statistics in monetary terms amounted to 94 per cent.

Top lot was an American landscape painter Wayne Thiebaud (Wayne Thiebaud), entitled "River Valley" (1995), which brought 845 thousand dollars at evaluation 200-300 thousand. Second place - drawing Yayoi Kusama (Yayoi Kusama) «Recurring vision" (1963). He went for 819 thousand and became the most expensive graphic works of Japanese artist, whose status in the art market in recent years has grown considerably. Specialists of the auction house estimated the creation Kusama at 100-150 thousand.

record amount also brought American painting Ligona Glenn (Glenn Ligon) «Untitled (invisible)", written in 1992. Buyer laid out for her 315 thousand dollars. Estimate of work amounted to 50-70 thousand. Success certainly facilitated by the fact that one of the works of talented artists have been selected by Barack and Michelle Obama for display in the White House.

tenfold excess of estimate - the event at auctions often. The more convincing results can be considered Christie's First Open, where this kind of "impropriety" have shown two jobs at once - silkscreen by Andy Warhol (Andy Warhol) «Two Jackie" (1964) and the early schedule of Keith Herring (Keith Haring) «Untitled" (1978) . The first piece was sold for 446 thousand (estimate 40-60 thousand), and the second - over 221 thousand (estimate 20-30 thousand).

article prepared by Julia Maksimova, AI

Sources: artinfo.com , artinvestment.ru