Art Investment

Russian art at Sotheby's on 7 June. The results

"The pine forest" Ivan Shishkin was sold for $2 million Bought up almost all of the sixties and Russian contemporary artists. And the icon Faberge exceeded the estimate of 10 times

June 7, auction house Sotheby's held in London at three auction, fully or partially devoted to Russian art. First auction "Russian painting," which includes works by Russian artists of the XIX — the first half of the twentieth century, brought £5 197 500. Here, the hammer went from 115 69 lots (exactly 60 %). Then, in the auction "Modern East" were offered 125 works by artists from Central and Eastern Europe and the Caucasus (including the Soviet and contemporary Russian art), Dating from 1945 to the present day. It bought 49 % of the lots (61 of 125) for a total amount of £1 294 563. The work of nonconformist and contemporary Russian artists took apart almost everything. And finally, the auction "Russian decorative-прикладное art, fabergé and icons" brought £1 778 025 in 53 % of lots sold (88 of 165).

the Main event of bidding "Russian painting" was the sale of "the Edge of a pine forest" by Ivan Shishkin for £1 385 000 ($2 009 774). The estimate for the lot was £500-700 million, and our forecast was at 1.3 million — but only dollars, not pounds. We were right in the fact that reliable provenance (work from the collection of Shishkin's nephew), exhibition history and a winning composition "the Edge" worked in the plus. Quality problems are expensive to buy and difficult times. All-таки got summer Russian sales this year, while its lot only-миллионник.

the Second top-лотом was the work of Niko Pirosmani a Deer drinking from a stream"; price including Commission amounted to £629 000 ($912 742) with the estimate of £150-200 million the Work comes from the collection of Georgian famous Soviet actress Tamara Tsitsishvili. The picture "ROE deer" belonged to her family for approximately 50 years. In 2011, it also sold at Sotheby's.

Historical painting Konstantin Makovsky's Ivan Susanin", which we predicted care of within the estimate, it sold just below estimate of £500-700 thousand for £413 000 ($599 304).

But with Aivazovsky was that the classic "Marina" a day earlier at Christie's was sold for almost the same amount (£194 500; $279 108), and mountain landscape view of the Caucasus mountains and mount Kazbek at Sotheby's (£197 000; $285 867). The second "atypical" Aivazovsky turned out in the end even a little bit more. Forecast AI for the view of mount Kazbek was modest — $190 000.

it was Encouraging to see that a great work of Sergei Sudeikin "Tea party" has found a new owner for £106 250 ($154 179). Thus, the picture four times exceeded the organizers ' expectations (the estimate was £20-30 million) and three times —наш forecast $50 000. And here is a picture of "Tourists" George of Nyssa, despite the positive story and reasonable price, was left without a buyer.

Art of the sixties and contemporary Russian artists rule the roost in the next Sotheby's auction — "Modern East". Suffice it to say that of the 20 most expensive lots in this auction 16 lots — works of our artists. Top-лотом became a giant (200 × 300) "self-Portrait of Georgy Guryanov. Work picked up for £143 000 ($207 507) at estimate £80-120 thousand

a Little less than paid for "Double self-portrait from the series "Sots-арт"" Komar and Melamid — £125 000 ($181 388) at estimate £100-150 thousand While our forecast was much more generous: a textbook for SOC-арта thing we expected the fight to $300 thousand

Were purchased within the estimate, all four of the proposed work of Weisberg. The most expensive steel "Standing Nude" and "woman portrait" (both went for £62 500 — $90 694). And "still life with cubes", 1975, on which we had forecast at the bottom bracket the estimate, exactly what was sold — for £43 750 ($63 486).

All six works of Dmitry Krasnopevtsev, exhibited with a very tempting estimation, were sold (many exceeding the estimate). They all come from the collection of the former cultural attaché of the French Embassy in Moscow Stepan Tatishcheva. The best result was shown "still life with bones in a bowl": the lower estimate of £10 thousand was doubled (the result of a £21 250 — $ 30 836). Right we was in the forecast for the "still life with plums and pitcher": a little work exceeded the estimate and sold for £17 500 ($25 394).

Twice the estimate of the "Hoop" of Vadim Sidur (estimate £6-8 тыс.; price £16 250). "The reflection of the Church" Rabin was within the estimate (estimate £6-8 тыс.; price £7 500). And "Cross" by Ernst Neizvestny left for £5 thousand

On the last "Russian" auction Sotheby's "Russian decorative-прикладное art, fabergé and icons" top-лотами became the icon of the virgin Pelagonitissa (Faberge. Moscow, 1908-1917), exceeded the rating by about 10 times, and the Cup of the company Ovchinnikov (Master Fedor Rueckert. Moscow, 1899-1908), who doubled the estimate.

Sources: sothebys.com, artinvestment.ru


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