Trades have brought 1.1 million pounds, nearly half of lots was left without a buyer

FRANK Auerbach Head Lusiena Freud. 1960 Source:

auction house Bonhams develops for himself a new area - the market for contemporary art in London yesterday held its second auction of the company, dedicated to contemporary art. They are turned even more disappointing than the first such auction Bonhams, held last October . Despite the very moderate for the evening auction price levels, buyers are cautious attitude to his proposed collection of lots. were sold only 11 out of 20 works, without the buyer remained a big part of the most loudly advertised jobs. auction brought only 1.1 million pounds ($ 1.7 million .) Among the lots are not causing the public interest, was the work of Urs Fischer's (Urs Fischer) «Untitled" 2006, which was estimated at 400-600 pounds (620-920 thousand dollars, one of the highest estimeytov of the auction). However, the work was provided by a guarantee of the auction house, so that the seller did not stay in the loser.

URS FISCHER Untitled. 2006 Source: RICHARD PRINCE Untitled (Girlfriend). 1987 Source:

The most expensive lot sold in the evening in the end turned out to be executed in charcoal and chalk drawing by Frank Auerbach (Frank Auerbach) «Head Lusiena Freud" (1960 ), earned 480,000 pounds (estimate 300-500 thousand). moved to a new owner diptych recently deceased American artist Mike Kelley (Mike Kelley) with a long name "plaster sculpture of John Glenn (High School's John Glenn, Uestlendz, Michigan), a wooden sculpture of a snowman (Redwood County, North Carolina)" in 2001, which was sold for 43,250 pounds as well as a picture of Richard Prince's 1987 "Untitled (Girlfriend)", which the auction house brought 157,250 pounds.

Prepared by Mary Estrova, AI

Source : artinvestment.ru