Sotheby's Russian sale did not meet expectations: buyers of pessimism because of the situation

[Santa]

Russian auction at Sotheby's did not live up to expectations: buyers of pessimism because of the situation in the global economy

Sotheby's Russian sale did not meet expectations: buyers of pessimism because of the situation in the global economy

Bidding "Masterpieces of Russian Art" auction house Sotheby's, which took place in New York, organizers fell short of expectations.

The overall result of trading with paintings by Russian artists of the XIX-XX centuries at an auction 17 million 636 thousand 500 dollars for 13 lots. And just at the auction the auction house expects to realize 26 lots, whose preliminary estimate reached $ 28 million.

As explained by the representative of Sotheby's, in trading volume could affect investors' pessimistic expectations of developments in the global economy as well as trading in works of art, he says, are the traditional barometer of the economy.

But despite the failure of some of the lots was exposed to bail out several times greater than the amount at which they were assessed. Thus, the picture "Moscow Street", written by Natalia Goncharova in 1909, sold on the "Russian bid" in 6.3 million (preliminary estimate did not exceed 1.5 million).

According to the organizers of the auction of all the female artists Natalia Goncharova is now the most interesting to collectors, and it was her work at the trades most valuable and desirable. "Moscow Street" from a private collection, embodying smartly dressed woman walking along a quiet street, passing the shoe store and standing next to a carriage pulled by the driver, may be regarded as one of the earliest and most striking examples of avant-garde painting as a work of Goncharova, and in history of Russian art in general, said the auction house.

Other top lots in the auction, as ITAR-TASS news agency, began the monumental painting "Cheremis Wedding" (1908) Nicholas Feshin and "Pearl Mosque in Delhi" (1876-1879), Vasily Vereshchagin, who left the auction for 3.33 million dollars and 3 , $ 1 million, respectively. Both paintings were estimated by organizers auction in 3-5 million dollars.

With a hammer and left paintings by Konstantin Korovin, "Evening Serenade" for 458.5 thousand dollars, Ivan Trush "Gagilki" - 80.5 per thousand dollars of Nicholas Feshina "Dancer of the temple" - for 362.5 thousand dollars, "Bali peasant girl "- for 290.5 thousand dollars, Nicholas Roerich," and continue fishing, "a series of Sancta - for $ 1.4 million.

http://www.newsru.com/cinema/02nov2011/sotheby.html

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Сообщение от Santa

Russian auction at Sotheby's did not live up to expectations : buyers of pessimism because of the situation in the global economy

Imho, the economic crisis there is absolutely nothing in common. According to statements of the French, they generally are antique boom. It seems to me that the Russian bid is not simply a global interest in this work . Our new rich have to pay more attention to their European masters , but the interest in domestic arts they began to disappear .