I. Markin selling collection

[Евгений]

Igor Markin :".... I put on the June Russian Sotheby's auction a few works from his collection - I want to sell some things that have the means for new purchases "
--------------------------------------------------
The owner of the private museum of contemporary art ART4.RU about his collection, crisis and price fluctuations on the art market ......
- How do you assess the change in prices in the market of contemporary art in the past few months?

- A year ago, prices were superheated to the limit. Before the crisis could only collect billionaires - those who are willing to pay several million dollars per job. Autumn auctions have shown that prices for top lots fell twice, the cost of the work of contemporary artists of the second series (Shutov, Dubosarskiy and Vinogradov) decreased one order of magnitude, almost ten times. In the near future on the market by the normal price, and collectors will benefit from it. "Bubble" of high prices is blown away, and I am very sorry that it took part.

- You think that at some point to buy things in the collection at inflated prices?

- Yes, in retrospect it has become clear. Much, but two or three works were bought at exorbitant prices. By convulsive purchases spurred me opening of the museum: there were gaps in the collection, and had to buy expensive things, including auctions. For example, certain objects and installations - that conventional collectors, as a rule, do not buy. Now I understand that yielded agiotage recent years. What a pity less - for example, the work of Komar and Melamid, I bought a very expensive, but it's really a qualitative thing. Another thing - painting by Ernst Unknown. It is generally a bad artist, I do not know why I bought it the thing for $ 12 thousand. Just that his work was not on the market, and when something suddenly appeared, I bought. Before buying, you should always think long view, to choose. And at that moment the situation was such that on reflection, there was no time.

Fully here: http://www.openspace.ru/art_times/co.../details/9279/