Art Investment

This fall, Christie's auctioned a collection of the legendary art dealer John Kryuzhe

In two auctions, November 4 and 5, will be out of print collection of the legendary Geneva dealer Jan Kryuzhe for which want to help out more than $ 175 million. Among the top lots - painting by Kandinsky for 20-25 million dollars

Pablo Picasso
Bust writing men (Self). 1971
work from the collection of Jan Kryuzhe will be on display at Christie's in November, with an estimate of 6-8 million dollars
Source: nytimes.com

Auction house Christie's this fall will offer a selection of works from the collection of the legendary art dealer John Kryuzhe (Jan Krugier). The son of a Polish Jew, young men passed through a guerrilla war and concentration camps, Jan Kryuzhe (original name was read as Kruger ) has opened a gallery in Geneva in 1962. For decades, it can be seen in the front row at auction at Sotheby's or Christie's - always a felt hat and a cigar, he was traded for a painting by Picasso, Giacometti sculpture or a picture of Victor Hugo. Then at art fairs these works appeared in his pavilion with such price tags that collectors immediately understood how the owner does not want to part with their masterpieces.

Five years after the death of Kryuzhe Christie's as part of two New York auction, 4 and 5 November, plans to sell part of his personal collection and a collection of his Geneva gallery. Evening auction on November 4 are the total estimate of more than $ 160 million and afternoon November 5 - 15 million.

Among the top lots - "Autumn Landscape» («Herbstlandschaft») Wassily Kandinsky 1911 with an estimate of 20-25 million dollars. Ian Kryuzhe acquired this work at auction in 1989 for almost $ 4 million. Dealer loved these works - something intermediate between figurative and abstract painting.

about a tenth part of the collection consists of works by Picasso Kryuzhe that explains quite a long relationship with the dealer granddaughter of the artist, Marina Picasso. The collection is Kryuzhe paintings, sculptures and drawings by Picasso. In the November auction will, in particular, offered for the 6.8 million painting "Bust of a man writing" - a self-portrait of the artist in 1971. Other work - a sculpture of sheet metal "head" - will be offered with an estimate of 25-35 million dollars.

sale of such collections is a credit to any auction house. Christie's and Sotheby's had to fight for the right to host this auction. Rumor has it that the scales in the direction of Christie's tipped the bargain heirs regarding commission: Auction House is ready to give them a significant part of the Buyer's Premium. In anticipation of trading Kryuzhe works from the collection will be shown in major centers of the art market, among which will be the first time Shanghai.

Prepared by Mary Onuchina, AI

Sources : nytimes.com , artinvestment.ru


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