Predictions?

[SergeiSK]

Continuing the theme interviews with Valery Dudakova of today's "Vedomosti":

prices for quality works of Russian art and do not fall into crisis, because dealers have an adequate margin of safety. So the chairman of the Moscow club of collectors Valery Dudakov
Questions about the situation today in the antiques market in Russian art, "Vedomosti" decided to ask a well known art collector Valery Dudakova. In this market, it is not engaged by the player and competent observer of long standing. He has a long-established reputation for deep knowledge of art and man, to freely express their opinions, often do not coincide with the generally accepted notions. From this and the complexity of the conversation - before responding, Dudakov necessarily explain the incorrectness of the language issue

- The economic crisis was to reduce the prices of antiques, he has reduced them - but not on Russian art. Russian buyer is willing to pay a lot?

- Everything that happens in the West, mechanically happens in Russia - though with a correction factor. Only it is necessary to take into account: in Russia with very few exceptions antiques so high not been assessed. A statement that the market of Russian art buyers are Russian, - contrived or false. There is enough rich Americans, Japanese, citizens of countries that were part of the USSR.

- But this non-Russian buyers are the priorities in the Russian art?

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- The two main directions for all were, are and will be. The first - a classical Russian art, academic and peredvizhnicheskaya School, second - works by artists of the so-called Russian avant-garde, which blamed, and later the World of Art and Artists "Blue Rose" and "Jack of Diamonds", and the most extreme avant-garde currents. with icons thing now is not quite right, they got very dear, and the third layer of a traditional feel sufficiently serious crisis, although the economic crisis - excuse the tautology - icons sold very well.

- But the price, according to the leading auction catalogs antique homes, this year everything fell again ...

- It is not essential! Seriously lowered prices only on the Sixties and artists nonconformists, but in the last few years, they kept going up. They sold the same for six million dollars "Beetle" our main artist Kabakov. And at the previous auction of his work is not selling, and I loudly in the hall, said : «Finally, you fools, smarter. And all ate it.
Our art has two markets - the Western European-American and within the country. Inside the gallery hardly lowers the price, they have a safety margin, and a large great thing peredvizhnicheskoy artist or academic school, you'll still be bought for a sum close to a million dollars. Fell down prices for all secondary and tertiary painting, nobody buys.

- Two years ago at auction offered things simply indecent quality ...

- It's not just quality. At the auction schedules MacDougall's been drawing Miklashevsky depicting Sukhumi, on the domestic market if it is for a thousand dollars will buy, you have to bow to the buyer. And they faced two may come from the dry, - and the picture went for 52,000 dollars. Senseless price! The result of the collision of two sheep.

- The secondary market in times of crisis has intensified - somebody has forced today to sell accumulated.

- The secondary market has always been, people have seen how every year at the Russian sales, especially in London, raised prices. Many bought and sold, and now prices are high, dealers do not want to realize that times have changed, and prices are holding.

- So, it should not rely on monetary success?

- The very gathering, collecting, not based on economic sense. If it builds only the desire to earn, you never never amount to anything. The basis of only the passion, love. Naked calculation will not work.

- But what about bank collections, which you helped to collect?

- Yes, I bought things for big companies and banks. But for representational purposes. Things are either hanging in the office, or to enroll as a good gift for the service.

- It turns out that art as an investment sense.

- Do not meaningless, if the passion and ingenuity are calculated, you can earn. But the strategy of corporate collections in Russia was not justified, and their fate is sad. All economic assumptions about investment in art based on the ascending stream of prices, but prices are not guaranteed. In his time, the Japanese bought a family portrait Repin for 200 million, sold for 380 thousand in two years, as soon as crisis erupted. Why he did not know.

- Three hundred thousand were needed badly.

- Crisis 90-year has given us, to collectors, a great experience. I remember the 20 works from the collection of George Kostaki 18 were not sold. And he has a collection of avant-garde number one. Collect painting, sculpture and graphics only to invest money there, hopelessly. It is better to buy stocks or diamonds. But before antique market was subject to a seven-year cycle, and now in the economy are unpredictable processes, and what should be done with antiques market, which follows these economic processes, no one will say.

- Why are prices on Russian paintings higher than in Western European of the same quality?

- The volume of material that is in Europe since the Middle Ages, not comparable with the market of Russian paintings, which began with the end of the XVIII century. And the picture painters of the Italian Renaissance works valued below clover, junior and senior. And yet the market warmed up, because our customers are little education, little understanding of what they do and do not want to understand. They have no time to study art, they are engaged in oil speculation.

- A Japanese and Americans gather for love?

- And on the desire to understand art. It's their childhood. Compare our and foreign museums on the number of visitors. New collectors on the level of knowledge far below even those who started twenty years ago. At their disposal, catalogs, the Internet, but they are literate, and with them you can not talk to a professional language. These people are easily deceived. Experts and dealers can persuade them that nonsense is the work of the great author, because it is attached to the certificate, bumazhechke. A few years later a penny is the price of this thing and bumazhechke.
Olga Kabanova
(Vedomosti, 13.08.2010, 150 (2668)

[artcol]

Bookmark.

[Pavel]

Сообщение от SergeiSK

Continuing the theme interviews with Valery Dudakova of today's "Vedomosti":

prices for quality works of Russian art and do not fall into crisis, because dealers have an adequate margin of safety. So the chairman of the Moscow club of collectors Valery Dudakov
Questions about the situation today in the antiques market in Russian art, "Vedomosti" decided to ask a well known art collector Valery Dudakova. In this market, it is not engaged by the player and competent observer of long standing. He has a long-established reputation for deep knowledge of art and man, to freely express their opinions, often do not coincide with the generally accepted notions. From this and the complexity of the conversation - before responding, Dudakov necessarily explain the incorrectness of the language issue

- The economic crisis was to reduce the prices of antiques, he has reduced them - but not on Russian art. Russian buyer is willing to pay a lot?

- Everything that happens in the West, mechanically happens in Russia - though with a correction factor. Only it is necessary to take into account: in Russia with very few exceptions antiques so high not been assessed. A statement that the market of Russian art buyers are Russian, - contrived or false. There is enough rich Americans, Japanese, citizens of countries that were part of the USSR.

- But this non-Russian buyers are the priorities in the Russian art?

- The two main directions for all were, are and will be. The first - a classical Russian art, academic and peredvizhnicheskaya School, second - works by artists of the so-called Russian avant-garde, which blamed, and later the World of Art and Artists "Blue Rose" and "Jack of Diamonds", and the most extreme avant-garde currents. with icons thing now is not quite right, they got very dear, and the third layer of a traditional feel sufficiently serious crisis, although the economic crisis - excuse the tautology - icons sold very well.

- But the price, according to the leading auction catalogs antique homes, this year everything fell again ...

- It is not essential! Seriously lowered prices only on the Sixties and artists nonconformists, but in the last few years, they kept going up. They sold the same for six million dollars "Beetle" our main artist Kabakov. And at the previous auction of his work is not selling, and I loudly in the hall, said : «Finally, you fools, smarter. And all ate it.
Our art has two markets - the Western European-American and within the country. Inside the gallery hardly lowers the price, they have a safety margin, and a large great thing peredvizhnicheskoy artist or academic school, you'll still be bought for a sum close to a million dollars. Fell down prices for all secondary and tertiary painting, nobody buys.

- Two years ago at auction offered things simply indecent quality ...

- It's not just quality. At the auction schedules MacDougall's been drawing Miklashevsky depicting Sukhumi, on the domestic market if it is for a thousand dollars will buy, you have to bow to the buyer. And they faced two may come from the dry, - and the picture went for 52,000 dollars. Senseless price! The result of the collision of two sheep.

- The secondary market in times of crisis has intensified - somebody has forced today to sell accumulated.

- The secondary market has always been, people have seen how every year at the Russian sales, especially in London, raised prices. Many bought and sold, and now prices are high, dealers do not want to realize that times have changed, and prices are holding.

- So, it should not rely on monetary success?

- The very gathering, collecting, not based on economic sense. If it builds only the desire to earn, you never never amount to anything. The basis of only the passion, love. Naked calculation will not work.

- But what about bank collections, which you helped to collect?

- Yes, I bought things for big companies and banks. But for representational purposes. Things are either hanging in the office, or to enroll as a good gift for the service.

- It turns out that art as an investment sense.

- Do not meaningless, if the passion and ingenuity are calculated, you can earn. But the strategy of corporate collections in Russia was not justified, and their fate is sad. All economic assumptions about investment in art based on the ascending stream of prices, but prices are not guaranteed. In his time, the Japanese bought a family portrait Repin for 200 million, sold for 380 thousand in two years, as soon as crisis erupted. Why he did not know.

- Three hundred thousand were needed badly.

- Crisis 90-year has given us, to collectors, a great experience. I remember the 20 works from the collection of George Kostaki 18 were not sold. And he has a collection of avant-garde number one. Collect painting, sculpture and graphics only to invest money there, hopelessly. It is better to buy stocks or diamonds. But before antique market was subject to a seven-year cycle, and now in the economy are unpredictable processes, and what should be done with antiques market, which follows these economic processes, no one will say.

- Why are prices on Russian paintings higher than in Western European of the same quality?

- The volume of material that is in Europe since the Middle Ages, not comparable with the market of Russian paintings, which began with the end of the XVIII century. And the picture painters of the Italian Renaissance works valued below clover, junior and senior. And yet the market warmed up, because our customers are little education, little understanding of what they do and do not want to understand. They have no time to study art, they are engaged in oil speculation.

- A Japanese and Americans gather for love?

- And on the desire to understand art. It's their childhood. Compare our and foreign museums on the number of visitors. New collectors on the level of knowledge far below even those who started twenty years ago. At their disposal, catalogs, the Internet, but they are literate, and with them you can not talk to a professional language. These people are easily deceived. Experts and dealers can persuade them that nonsense is the work of the great author, because it is attached to the certificate, bumazhechke. A few years later a penny is the price of this thing and bumazhechke.
Olga Kabanova
(Vedomosti, 13.08.2010, 150 (2668)

What the Russian market is in view? There is a link to prices that do not fall where it come from? What is the basis is this statement? There is a price catalog? Or is it personal opinion?

[мистер-у]

There is a certain circle of persons who bought, bought and will buy high-quality art museum urovnya.K this society and are serious about dealers, and some antique stores, which have a material.Kakaya difference where to buy the work at Sotheby's, Christie's or Russia? The main quality material.

[Tana]

From a message from SergeiSK "Continuing the theme interviews with Valery Dudakova of today's" Vedomosti ":"

V. Dudakova phrase:
"Collecting paintings, sculpture and graphics just to invest money there, hopeless. It is better to buy stocks or diamonds."
From the first sentence agrees, but the second, it is better to buy stocks and brilllianty!!
well who they are needed, but this is not the most necessary thing (well, yes, some have invested in diamonds on the same board and lie with an attachment), and shares more unpredictable thing ....
It is questionable advice.

[Кирилл Сызранский]

[SergeiSK]

Сообщение от Tana

but the second, it is better to buy stocks and brilllianty !!!!

It seems to me that Mr. Dudakov are simply summed, mean investing money in other investments, such as and precious metals, real estate, etc.
By the way investing in precious metals in the crisis was the most appropriate and beneficial

[Fed]

Сообщение от SergeiSK

The crisis of the 90-year has given us, to collectors, a great experience. I remember the 20 works from the collection of George Kostaki 18 were not sold. And he has a collection of avant-garde number one. Collect painting, sculpture and graphics only to invest money there, hopelessly. It is better to buy shares or diamonds.

I understand what he says about the possible problems of liquidity and safety of deposits in the art for investment. And not about trade. Diamonds are real, that "to whom they need now, the price does not fall by tens of percent and may move through the world without any problems to the point of sale. And try to take the same value now from Russia or Ukraine.

[Tana]

Сообщение от Fed

Diamonds are real, that "to whom they need now, the price does not fall by tens of percent and may move through the world without any problems to the point of sale. And try to take the same value now from Russia or Ukraine.

Fed to move through the world, yes, but try their export from Ukraine or Russia, but of course the price they do not fall, but if you need money, try to sell them
 
SergeiSK, but about investment in precious metals and real estate agrees

Well here is not to recall the phrase that everything has two prices, depending on whether you want it to buy or sell

[Fed]