Art Investment

Photo: New York - London - Paris

In March - April in the capital of the art market in New York has passed a number of significant events related to photography. This is, firstly, the specialized fair AIPAD Photography Show, and secondly, the five auctions arranged by Sotheby's, Christie's and Phillips de Pury.

auctions were successful. Held on 6 April Sotheby's auction brought 4.5 million dollars, consumers found 82 percent of the work. Another giant of the art market, Christie's, April 7 and 8 had already three sales, total revenue from which has reached 8.1 million (with commission). Finally, Phillips introduced on July 9 259 photographs, 90 percent of which were sold (for a total of 4,6 million).

Ansel Adams Mount Williamson, Sierra Nevada, the view from Manzanar, California. 1944 (printed, presumably in 1960). Source: sothebys.com

Following the auction, we note two points. First, it was seen growing interest in antique photographs of good quality. As an example, a deal with the daguerreotype portrait of John C. Calhoun (John C. Calhoun), executed in 1849 by Mathew B. Brady (Mathew B. Brady): work was sold for a record 280,000 dollars, with a tenfold excess of the lower estimate ( Sotheby's). Secondly, still profitable to put on the classics. At Sotheby's appeared seventeen shots patriarch landscape photography Ansel Adams (Ansel Adams), of which only one was left unsold. Best work - "Mount Williamson, Sierra Nevada, the view from Manzanar, California" - was bought for 150,000 dollars (in the evaluation of 100-150 thousand). At Christie's, however, buyers competed for Adams is not as active: some affected satiety. Record for the artist is the sum of 600 thousand dollars - so many brought in June 2010 picture "After the snowstorm. Yosemite National Park ».

Among other auctions were the works of Henri Cartier-Bresson (Henri Cartier-Bresson), André Kertész (André Kertész), Robert Mepppltorpa (Robert Mapplethorpe), William Klein (William Klein) and Brassaï (Brassaï). Price range - from $ 5000 to tens of thousands.

Top-lot Sotheby's was the work of the surrealist Man Ray (Man Ray) «Untitled (photo montage with a nude figure and a lamp in the studio)" , sold for 340,000 dollars.

Irvin Penn bee on his lips, New York, 22 September 1995 IRWIN Penn A bee on his lips, New York,
September 22, 1995. Printed in 1999
Source: christies.com

As for Christie's, here with the result of 400 thousand dollars on top of the list of most expensive lots climbed the famous photograph by Richard Avedon (Richard Avedon) «Marilyn Monroe, New York, May 6. (Price Index Avedon grew after sverhuspeshnoy sale of works owned by the Fund Avedon (Christie's, Paris, November 2010) . These trades have brought more than $ 6 million - the highest result for the auction pictures in 2010, lots were sold out completely. One shot, "Dovima with elephants," was sold for 945,000 dollars - a record for the amount of Avedon.)

However, one of Avedon list of top lots of Christie's 7-8 April not limited to this. Their place in it took the Memphis (Tricycle), William Eggleston (William Eggleston), sold for 220,000 dollars, "La Villette, street Asslen" Eugene Atget (EugèneAtget), with a score of 200 thousand dollars, "Peru" by Robert Frank (Robert Frank), with a score of 200 thousand dollars, and "Bee on the lips, New York, 22 September 1995" Irving Penn (IrvingPenn), sold for 150,000 dollars.

« trump card, "the auction house was just Penn, whose work is bought up like hot cakes (the new owners are not found only three shots out of twenty-four). In the past ten years the price index of the artist added astounding 223 percent.

Attention has also enjoyed some of the works of photographers from Eastern Europe, in particular, Jaromir Funke (Jaromír Funke), an influential figure in the art scene of 1920 - 30-ies, a teacher and theorist, whose ideas have experienced a significant influence of surrealism. His "Song" from the series "Abstract Picture" went for 290,000 dollars Estimé 50-70 thousand (Sotheby's). A "Romania" Josef Koudelka (Josef Koudelka), who became famous for his photographs of Roma, was bought for 35,000 (Christie's).

In May, large "photographic" auctions held in Europe: Paris (Sotheby's, May 10) and London (Christie's, May 17 and Phillips, May 19).

material was prepared by Julia Maksimova, AI

Sources : artinvestment.ru

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