Workers auction house with a picture of Munch's" Scream »
Source: telegraph.co.uk

1 and May 2 auction houses Christie's and Sotheby's will offer its customers in New York 108 York Impressionist and Modern works. It is expected that over the two nights leading auction houses can earn 265-385 million dollars, and this is excluding the cost painting by Edvard Munch (Edward Munch) «Shout", estimated at 80 million. Last year similar auctions have brought the two companies $ 285 million.

Munch work needs no introduction: This legendary bed - one of four versions of famous paintings and the only one remaining in private hands (the other three belong to the Norwegian museums). So far, only four works of art ever been able to overcome the 80 millionth milestone at public auction, and the palm among them belongs to picture of Pablo Picasso (Pablo Picasso)« naked on a background of green leaves and bust ». This work was in 2010, brought $ 95 million, so if Sotheby's will sell the work of Munch's more of that amount, it will be the new greatest triumph and a new top of the unattainable.

However, in any case, personal Munch just secured a record, for the most expensive of his work until now has been painting "Vampire", earned $ 34 million in November 2008. However, based on available information, Artprice, of the 43 artists whose works appear in the upcoming auction, only to Munch and expect a record achievements, whereas last year at New York's spring auction of Impressionist and Modern was established a number of records: if the work Maximilien Luce (Maximilien Luce) «Notre-Dame de Paris" was sold for $ 3.7 million, the work of Paul Delvaux (Paul Delvaux) «Caryatids" - for $ 8 million, and Maurice de Vlaminck work (Maurice Vlaminck) « Suburban Landscape "earned 20 million dollars.

This year again we will see a long cavalcade of works by Pablo Picasso, but there will be only 14, or 13 percent less than similar auctions in Last November and less than a similar auction last year, and in November 2010. The last time less than 15 works by Picasso appear at auction two auction giants only in November 2009. On the other hand will be seven paintings by René Magritte (Rene Magritte) and 6 works Joan Miro (Joan Miro). Apparently, Christie's, and Sotheby's expects the successful sales of works by these artists in the wake of their recent gains in February set a new record Miro painting "Picturesque Poem" in 1925, earned 23.6 million dollars, and three of the six best results were exactly Magritte over the last year.

For a company with "Shout" at the auction will also have five works by Edvard Munch, all with an estimate of 1.5 million dollars. Incidentally, only 4 Munch paintings were sold to more of that amount since 2006, when six Norwegian works went under the hammer at a price between 1.9 and 9.6 million dollars.

Half of the works that will appear in the May auction Christie's and Sotheby's, the auction market are not new - and they all deserved rest over the years in a variety of collections to gain strength and increased in price. A perfect example - the work of Picasso "The Dream" (estimate 5-7 million dollars), which in November 2002 was bought for just 2.8 million. If you meet the expectations of the picture, it would mean that the annual income from it will be 6-9.5 per cent. "The woman in the shop" - another profitable item by Picasso, which can yield by 10-12 percent per annum. The current estimate paintings - 3-5 million, and its latest auction results, earned in 1984 - only 220,000. second most expensive painter in the market (at least for a few more days ), Alberto Giacometti (Alberto Giacometti), and one of the most profitable in terms of investment: his sculpture "Bust of Diego" seven years ago has brought 3.2 million and this year has already put up with an estimate of 8-12 million - thus, the annual profit of its owner is 14-20 percent.

One of the key on the Sotheby's auction will also work Chaim Soutine , which will be offered at a price of 10-15 million dollars, after eight years ago, it earned only 6 million and 120 thousand pounds - in 1978.

14 years ago brought $ 2 million work of Salvador Dali (Salvador Dali)« necrophiliac Spring "May 2 to face the audience with a price tag of 8.12 million. If the work will meet the expectations placed upon it, it will bring to the owner of 300 to 500 percent profit on the size of the initial investment.

One version of Constantin Brancusi (Constantin Brancusi) «Prometheus" in 1911, ten years ago, brought 1.6 million at auction Philips, 1,1 million 13 years ago at Christie's auction, and only 300 thousand dollars on the New York Sotheby's auction 30 years ago. This year, the work is placed with the estimate of 6-8 million - for patient investors to invest in a work of art is still more than compensated.

If May 2 of Sotheby's will be able to overcome the upper limit of the estimate and make more than $ 320 million, the result will be the best for the auction of Impressionist and Modern in 2006 (November 8, 2006 Christie's has earned 418 million dollars), as well as the best result in the history of the auction house (their current top of the company has reached 9 November 2011, earning $ 270 million). While in the Christie's, on their own estimates, it is unlikely this time, earn more than 140,000,000.

Prepared by Mary Estrova, AI

Source: artprice.com , artinvestment.ru