Art Investment

Paris buys contemporary art

Last week, June 2-3, in the French capital were the major contemporary art auctions Sotheby's, which brought 13.8 million euros (16,5 million U.S. dollars) in Estima 7,3-10 million. The house was overtaken its main rival - Christie's, whose revenue from the same auction was "only" 7.6 million euros.

more than all was sold painting by Jean-Michel Basquiat (Jean-Michel Basquiat) entitled "Joy." A collector of European laid for it 1,5 million euros. Experts assessed the "Joy" in the 700-900 thousand.

to the new owners went 27 works from 29. Black-and-white abstraction of "Winter" brush Maria Helena Vieira da Silva (Maria Helena Vieira da Silva) went for a record amount: 1,1 million euros. It was expected that work will bring 600-800 thousand. In addition, the record was set on the music of "new realist" Villegle Jacques (Jacques Villeglé). Its composition with torn posters sold for 313,000 euros (estimate 150-200 thousand).

But the work of the famous abstractionist Pierre Soulages ("Painting 159 x 202 cm, 17 September 1963" ) less fortunate. Despite the fact that the artist's recent retrospective in honor of the overriding French Art Moderne, Centre Pompidou, the canvas could not reach to the lower estimeyta (350,000). His result was 349,000, but given the commission the buyer.

pleasant surprise was the success of the film "13 February 1992" Sino-French modernist Cao Wu-Ki (Zao Wou-Ki). It was bought for 961,000 euros in the evaluation of 200-300 thousand. Another canvas Cao became the top lot Christie's, where it yielded 972,000 euros (estimate 400-600 thousand).

June 3 also held auctions works of the Impressionists and modernists, Sotheby's, the result of which proved to be more better - 17,5 million euros in Estima 9.7 million. The first line in the list of the most expensive works of her work on paper by Pablo Picasso (Pablo Picasso), entitled "Recreation of the sculptor." It was estimated at 400-600 thousand euros, and bought it for 3.76 million. This is followed by "The White Duck" our compatriot Chaim Soutine , pushed a solid 1.97 million (preliminary estimate 0 ,7-1000000).

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


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