Published rating of the best sales of more modern abstraction in the genre in the last 12 months (August 2011 - August 2012)

site Artprice ranking of the best selling published works in the genre of modernist abstraction in the past 12 months. The top ten most expensive works included the work of five authors. Four American artists of the second half of the twentieth century have taken seven of the rankings: it is Clifford Still (Clyfford E. Still), Mark Rothko Mark Jackson Pollock (Jackson Pollock) and Barnett Newman (Barnett Newman). Only European Joan Miro (Joan Miro) took just three positions in the top 10 - the third, fifth and tenth.

Top 10 works in the genre of modernist abstraction (August 2011 - August 2012)

at the height of post-war art

most impressive deals, with abstract art took place exclusively in the western areas: 80%of sales were in New York and 20%- in London. Not surprisingly, the auction of "the Big Apple" sold so well post-war art - it was in this period, New York pulls ahead of the world art market.

one auction last year can be considered a major part of an overall picture of the market abstractions - the auction of postwar and contemporary art Christie's May 8, 2012. This evening was set 21 personal record, and won the first three lots, sixth and seventh place in our rating. Upscale abstraction by Mark Rothko "Orange, Red, Yellow" (1961) reached a hammer price of 77.5 million dollars - 12.5 million more than the previous record price for the "White Room" (65 million, Sotheby's, New York, May 15, 2007). The work of "Number 28" Jackson Pollock also broke the previous personal record abstractionist: it bought for $ 20.5 million, nearly double the result of "Number 12" (10.4 million, Christie's New York, May 11, 2004). But the seventh-Barnett Newman work «Onement V»: the result, $ 20 million, four times the previous record of the bar, "Untitled" (4.6 million, Christie's New York, May 13, 2008).

Clifford Still though not become leader of the ranking, giving way to Mark Rothko, but it was the best on total revenue: three of his work paid a total of 100.5 million dollars. Work "1949-A-No. 1 "November 9, 2011 got a new owner for $ 55 million, which is two times more expensive than the lower estimate. And at the same auction Sotheby's November 9, another abstraction "1947-Y-No. 2 "earned $ 28 million.

And at London auction site in the past 12 months, scored Joan Miro. First, in February at Christie's «The picture-poem" went for a record 23.68 million. But the record did not last more than six months: in June, "the painting (Blue Star)" at Sotheby's earned nearly $ 33 million.

With current rating of the participants abstract modernist able to compete, perhaps, Only one author - Wassily Kandinsky , whose work "Fugue" was sold for $ 19 million back in 1990 . In the past 12 months, how many important works by Kandinsky in the auction did not appear, but the situation is likely to correct for "Sketch for improvisation № 8», which is on display at Christie's auction on November 7 with an estimate of 20-30 million dollars .

Prepared Maria Onuchina AI

Sources : artprice.com , artinvestment.ru