Top 10 most successful abroad sales of Ukrainian artists

Author : Forbes

Source : 112 Ukraine

"Records" of Ukrainian artists in 2015 on abroad auctions: from "Apocalypse in art" to "Blinded horizon"
09:58, 31 December 2015

Forbes prepared an overview of the main tendencies of Ukrainian paintings sold abroad.

2015 year for Ukrainian artists began with a record: February 13 at Phillips auction in London "Apocalypse in art" photo project by Elena and Vitaliy Vasiliev went under the hammer for £ 134,500 ($ 205,785). The previous record was $ 186 000 was beaten by "The horse. Evening", contemporary art painting by Anatoliy Kryvolap. This year the works of Kryvolap also appeared at Ukraine’s auctions and abroad. The most successful was the sale on December 1 at Sotheby's: £ 27 500 for the painting "Blinded horizon".

Anna Kryvolap, Tapes IV, 2014-15. The work sold for £ 6875 on December 9 in Phillips auction in London

Nazar Bilyk, Rain, 2013. The work sold for $ 10,000 on March 5 in New York at Phillips auction

Matvei Vaisberg, Green Menorah". The work sold for $ 1,900 on December 23, "Silent Auction" at "Dukat"

During the year, the works of Ukrainian artists had success at foreign exhibitions and auctions. In April five of six exhibited works were sold on London auction Phillips, in December, also at Phillips in London, nine Ukrainian lots were sold. It was a rich year for young Ukrainian artists. Works of Roman Minin, who exhibited at Phillips and Sotheby's, received particular demand. In March, a sculpture from the "Rain" series by Nazar Bilyk was sold for $ 10,000 at New York auction Phillips. Stepan Ryabchenko had a real triumph at international trading: his "Electronic Notos" was bought in December at Phillips for £ 3250 - Estimé was £ 2000-3000. "The demand for the works of young artists grows, - says art dealer Igor Abramovich. - Their works are fascinating and original, and the prices are relatively low".

"People often take a greater interest in the works of Artem Volokitin, Michael Deyak, Stepan Ryabchenko, Anna Valieva, Roman Minin," gallerist Maksym Voloshin confirms the trend. According to his observations, the total volume of the art market in 2015 increased by approximately 20% compared to the previous 2014, and sales in his Gallery "Art zbіrka" rose by about a third, especially towards the end of the year. In the commercial auction segment also came a revival in the second half of the year. Generally, 2015 was a year marked by the first charity auctions in the domestic market; let us remember “Art for life” in May and December.

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From September to December, Golden Section", "Ducat", Corners", "Antique-Center", and ACG held the bids, sometimes several times. Both, classic works and modern were sold there. "The experience of "Ducat ", which deals with both antiques and contemporary art, shows that the share of the revenue of increases every year. Now it is almost a third," states the co-owner "Dukat” auction house Leonid Komsky it his interview with Forbes. The segment of post-war art of the Soviet period of socialist realism is falling in prices, he explains. "Unlike last year, the majority of auction houses decided to tendering, - says co-owner of the "Golden Section" auction house Mykhailo Vasylenko. - In 2014 there were four commercial auctions; however, about ten auctions took place in 2015. At the same time, buyers traded more actively than in the past year. Now about the price segment, $ 1000-5000 was the cost of one work in 2015. In 2014, sales in this segment was practically no. In 2014 collectors were more focused on contemporary art, and in 2015 an increasing demand was for inexpensive classics again - up to $ 10,000".

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"In general, collectors are now looking for work worth up to $ 10 000 - shares his observations Ihor Abramovich. - Today, the buyer has become extremely choosy and he is looking for the aftermarket old classics of Ukrainian contemporary art: Savadov, Tistol, Kryvolap, and others. And the world also tend to increase the demand for rare museum "proven" product. " And the same trend appears in other segments. "This year’s auctions show that today no one spends the large amounts of money, - says Olexander Brey, owner of AntikTsentr, which deals with the antiques. -, You can buy a drawing or watercolor sketch of a good artist for some $ 500-2000". Moreover, he adds: "Now the price of works of art, including contemporary, are at the lowest point. Although the times are more difficult, and it can be considered a good period for the investment. "

Forbes has searched how Ukrainian artists get abroad investments, and has gathered 10 of the most high-profile sales in 2015.

Vitaly and Elena Vasilieva, "Apocalypse in Art", 2014

£134 500

Photo project "Apocalypse in art" - a series of pictures depicting the building of the famous museums (Vitaly and Elena created meter layouts before shooting) in the desert landscape. The project managed to get to the Venice Architecture Biennale last year. At the last February 13, the work went to almost three times exceeded the estimate at London auction Phillips.

Anatoly Kryvolap, "Blinded by the horizon"

£27 500

At December 1, two paintings by Anatoly Kryvolap were exhibited at the Sotheby's auction in London.

Viktor Sydorenko, Ultra-C series


£ 13,750

Created in 2001, the cycle Ultra-C is one of the iconic series for Viktor Sydorenko – the painting was sold at London auction Phillips on December 9 in the framework of the estimate of £ 10 000 - 15 000. And it became the most expensive work of the Ukrainian auction.

Arsen Savadov, No Time to Waste

£12 500

A painting by Arsene Savadov, lately favoring photographs, participated in "Russian" Sotheby's auction on June 2 in London. The work went with a small excess of the lower estimate of £ 12,000.

Viktor Sydorenko, "Levitation" series

£10 625

"Levitation", one of the most famous series of Victor Sydorenko. Featuring a series of red and white paper, created last year, it was sold at London auction Phillips April 13 within the estimate at £ 8,000 - 12,000.

Olexander Zhyvotkov, "Wind"

£ 10,000

Masterfully wielding dark palette and working with the texture, Olexander Zhyvotkov in 2015 was one of the most sought classic painter of the overseas buyers. "Wind" was created in the past year, it went under the hammer at London auction Phillips December 9 in excess of the upper estimate of £ 6000 - 8000.

Yuriy Solomko, "London G8"


Using maps and various schemes in operation is a proprietary manner of Yuriy Solomko. April 13, his painting of 2008, which became part of the scheme of the London Underground, has been sold in excess of the estimate, was £ 5000 - 7000.

Olexander Zhyvotkov, "Northeast"


Long horizontal work of Olexander Zhyvotkov from "Road" series mow is at Phillips for sale. In December 2014, the product of the same series was sold for £ 8,750. This year on April 13 in London Estimé £ 6,000 - 8,000 "Northeast" was sold for £ 8,125.

Halyna Moskvitina, “Sparkle” series

£ 8125

Artist Halyna Moskvitina likes to experiment with light in her paintings: she examines its nature and seals it in on the canvas. One of Moskvitina’s paintings went to the London auction Phillips 9 December with a significant excess of the estimate £ 5,000 - 7,000.

Roman Minin, "Generator of Donetsk subway"


Roman Minin belongs to the most popular young Ukrainian artists in domestic market and in overseas auctions. In 2015, he participated in several Phillips auctions, but the most successful was the sale at Sotheby's. June 2, probably the most famous work of the artist was sold at the "Russian" auction in London with a good excess of the estimate, was £ 3000 - 5000.

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