Feedback
The top auction moments of 2016 year

Author : Anastasia Herasymova

13:53, 2 January 2017
The top auction moments of 2016 year

Author : Anastasia Herasymova

Find out key results of 2016’s art auctions - top sales and trends

13:53, 2 January 2017

Read the original text at cultpostir.ua.

2016 year for the global art market was a period of relative stability: quite high rates of sales, and the return of China, which lost its positions in late 2015 and became second after the US. According to Artprice online service, only the in the first 6 month of this year, the turnover of Celestial funds with leading world auction has reached more than $ 570 million. Here are ten countries, which have spent the greatest amounts of money for art: China, the US, the UK, France, Germany, Italy, Switzerland, Austria, Japan, and South Korea. People on both sides of the Atlantic adore works of the Impressionists, representatives of postwar art and, of course, modern art. Pablo Picasso, Zhang Dacian, Wu Guanzhong, Jean-Michel Basquiat, Amedeo Modigliani, Claude Monet, Francis Bacon, Andy Warhol, Qi Baishi, Alexander Calder – here is a dozen artists, to whom special attention was paid at 2016 auctions.

Related: Murals: Kyiv style

Related: Canadian photo artist showed collapse of Ukrainian village

The world “estimate” champions:

Femme Assise, Pablo Picasso,

$63 631 391, Sotheby’s

 

Open source

Untitled, Jean-Michel Basquiat

$57 285 000, Christie's

 

Open source

Jeanne Hébuterne (au foulard), Amadeo Modigliani

$56 631 335, Sotheby's

 

Open source

Two studies for a self-portrait, Francis Bacon

$34 970 000, Sotheby's

 

Open source

Reclining Figure Festival, Henry Moore

$33 103 428, Christie's

 

Open source

And what about Ukraine? According to Golden Section auction house, the demand for art of the sixties has drown, as well as the interest (and ability) to buy domestic contemporary art. During the year, the lots in the auction amounted to 55-70%, depending on the thematic focus of the auctions.

Related: Top 10 most successful abroad sales of Ukrainian artists

The works of Alla Horska, Viktor Zaretsky, Zoya Lerman significantly exceeded the estimates, as well as the works by contemporary artists: Myhkailo Deyak, Roman Minin, Roman Zhuk, Matviy Weisberg, Oleg Tistol, etc. Golden Section top-selling in 2016:

Dnieper Spate, Sergei Shyshko

$ 27,500

 

Cultprostir

Chairs, Myhkailo Deyak

$ 11 000

 

Cultprostir

Roses and snowdrops, Sergei Shyshko

$ 9 350

 

Cultprostir.ua

Rhythms of mind, Viktor Trubchaninov

$ 8 800

Cultprostir.ua

"Gay gothic" series, Alexander Roytburd

$ 6 600

Cultprostir.ua

In 2016, Ukraine has supported the popularity trend of graphics, however, "domestic art market is experiencing a fading period. Prices have fallen at times, and sometimes, and dozens of times. Vendors are in no hurry to part with what was bought at the peak of growth, consumers are hesitant to invest, not realizing the future prospects. However, development of the world history of art suggests that the 10-year cycle has always been important. After reaching the "bottom" prices begin to rise and eventually exceed the peak of the previous cycle.

Related: Stolen Dutch paintings found in eastern Ukraine, - Interior Ministry

Related: Ukraine passed to Netherlands paintings stolen in 2005

Related: Dutch museum received from Ukraine five stolen paintings

The graphics auctions, held in November 2016, successfully promoted the works of Viktor Zaretsky, Gennady Glickman, Romance Selskyi, Myroslav Yahoda, Olexander Aksinin.

Related: Honored artist of Ukraine Volodymyr Zhmakin dies

Related: One of world highest murals painted in Kyiv

Topics:
Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

Comments
see more