Auction auction house brought 18 million pounds

Yesterday evening

auction of contemporary art Sotheby's, which specialists were to be the indicator of the state of the art market, held last night pretty evenly, bringing the auction house 17,809,000 pounds remained unsold 23 percent of lots. Although the amount of revenue seemed small compared to the expected 19-26 million pounds, on the whole bidding tempered fears that the art market is supposedly still fell victim to the current adverse global economic conditions.

Mark Quinn Microcosm (Siren) Estimate: 500-700 thousand pounds Result: 577 £ 250 Source: artinfo.com

< /a> Jean-Michel Basquiat Spike Estimate: 1.1-1.6 million pounds Result: 1.21725 million pounds Source: < a rel = "nofollow" target = "_blank" href = "http://www.artinfo.com"> artinfo.com

three lots yesterday's auction were sold more a million British pounds (the equivalent of $ 1.6 million), and if we assume the dollar, the bar broke the million-five works . The result was the third auction of all London's October auction of contemporary art. Were set two records. One of them belongs to the artist's canvas London School Kossoffa Leon (Leon Kossoff) «Street in Villesdene" (1985, estimate 350-450 thousand pounds), acquired by the London dealer Pilar Ordovas (Pilar Ordovas) for 690.850 pounds.

«I am delighted that work has got me - commented on his purchase Ordovas, a former head of London's Department of Contemporary Art Christie's. - I bought it a collector, who had long been looking for a good job Kossoffa».

< p class = "mat1"> However, the price of the lot Kossoffa loud as the sum of 517 250 pounds, paid for an early, unusual for Lusiena Freud (Lucian Freud) ink drawing on paper, "The interior of the owl" (estimate 300-400 thousand pounds) , were exceptions to the generally quiet past trades. According Artinfo, much more lively atmosphere prevailed outside, near the office on New Bond Street, where a noisy A group of American and British members and union activists booed coming up for auction guests in protest against the almost three-lockout declared by the New York office of the auction house to its employees 43 .

was quite fun to watch, writes Artinfo, as collectors, getting out of London's black cabs, taxis and their own cars, clashed with protesters who shouted slogans: "Stop the war against the workers" and "convince Sotheby's to stop treat the workers." Trade union leader from New York, Jason Ide (Jason Ide), flew to London specifically to organize a protest, once again drew the attention of journalists that the company Christie's peacefully resolve the dispute on the terms of the new union contract, so that during tomorrow's auction rival Sotheby's have not seen such scenes at its doorstep.

LUSIEN Freud Head boy Estimate: 3-4 million pounds Result: 3.17725 million pounds Source: artinfo.com

< /a> Barcelo MIGUEL Counter for I Estimate: 1.4-1.8 million pounds Result: 1.72125 million pounds Source: < a rel = "nofollow" target = "_blank" href = "http://www.artinfo.com"> artinfo.com

However, the mood of shoppers protest obviously did not influence: on the cover of auction catalog images of street urchins Lumley Charlie (Charlie Lumley) «head boy" brush Lusiena Freud ( Butter. 15 x 20) was sold on the phone for 3,177,250 pounds estimeyte 3-4 million pounds. Among the remaining candidates with nothing to work a dealer Eleanor Acquavella Galleries Akvavella (Eleanor Acquavella).

Among the top lots is attributed executed in mixed media painting "The counter for I» (1991 ) Miguel Barcelo (Miquel Barcelo), sold over the phone for 1,721,250 pounds estimeyte 1.4-1.8 million, and the work of "Melancholia" (2004), Anselm Kiefer (Anselm Kiefer), which was sold for 825,250 pounds in estimeyte 700-900 thousand pounds.

Of the total lack of passion in the auction room almost unnoticed was the result of work by Jean-Michel Basquiat (Jean-Michel Basquiat) «Spike" (1984) which was sold on the phone for 1,217,250 pounds, "the middle" estimate of 1.1-1.6 million pounds. The last time at New York's Sotheby's auction in May 2004, the work sold for 534,000 dollars.

But the product of Richard Prince (Richard Prince) without a title in 2001 was sold for 421 250 pounds estimeyte 350-450 thousand pounds. The last time it went to auction at Sotheby's in New York in November 2007 (during the heyday of the market) for 541 000 dollars.

in poor taste calls Artinfo Mark Quinn's sculpture sale in 2008 (Marc Quinn) «Microcosm (Siren)," depicting supermodel Kate Moss (Kate Moss) in a fancy yoga pose. The sculpture was cast out of ten kilograms of gold was sold to the buyer on the phone from Asia for the "monstrous" by definition Artinfo, an amount of 577 250 pounds - which, incidentally, did not work outside the estimate (500-700 thousand pounds). As written in a fit of righteous anger by Artinfo, apparently, the market is still a glimmer of interest in such "tchotchke».

Yet several experienced observers were surprised at the general rather sluggish pace of trading . "Bidding was strong, but low-power" - shared her impressions Abigail Asher (Abigail Asher) from providing advice on the art market firm Guggenheim Asher. "Bidding went confidently, but without enthusiasm" - agreed with Asher New York dealer Nick Maclean (Nick Maclean) of the company Eykyn Maclean.

«It is possible that buyers are meticulously tuned and waiting for the November New York trading to fork out. Here [in London] for one week through four auctions and two fairs, and auctions in New York is not far off, "- said Abigail Asher, who managed to fight for the past several lots of trades.

In Jonathan Beenstock (Jonathan Binstock) of the company's Citi Private Bank Art Advisory and Finance a somewhat different view on things:" Decent work for sale at reasonable prices, but overall the market is not active and more ordinary lots are left without a buyer. " Beenstock himself became the proud owner of robotoobraznoy sculpture by Antony Gormley (Antony Gormley) «Unform VI» 2005: he paid for it 253,250 pounds estimeyte 150-200 thousand pounds.

auction of contemporary art Sotheby's followed more secure bids on Italian art of the twentieth century, brought the company's 21,647,950 pounds. This auction was marked by an impressive record of Alberto Burri (Alberto Burri): his work, "wood fire" in 1957 was sold for 3,177,250 pounds estimeyte 0.8-1.2 million pounds.

The difference in results between the two auction houses, as well as a significant difference in the quality of offered lots (all the advantages, of course, on the side of the Italians), allows Artinfo conclude that the market has voted for an adequate combination of price and quality.

Today evening auction of contemporary art held in London auction house Christie's.

Prepared by Mary Estrova, AI

Source : artinvestment.ru