2010.
The results and forecasts.
Participants' views of the art market
2010.
The results and forecasts.
Participants' views of the art market
By tradition on the eve of New Year's website ARTinvestment.RU asked a number of representatives of galleries and auction houses, most noticeable event of the year, to sum up briefly, and to share expectations for 2011
has become a tradition on the eve of New Year's website ARTinvestment.RU asked a number of representatives of galleries and auction houses, most noticeable event of the year, to sum up briefly, and to share expectations for 2011. Get somewhere in a nutshell, and where details. But overall opinion on matters of principle were in tune with.
ARTinvestment.RU: What event of the year was the most important thing for your gallery?
Ildar Galeev: Gallery has become a platform of the Moscow Club Collectors of fine art. From now on club events become part of the picture.
AI: What event of 2010, in your opinion, has had the greatest influence on the Russian art market?
IG: I think that the sale Feshina in London was the exclamation point at the end of the season, this event shifted the market, at least in the segment Feshina.
AI: Can we say that the 2010 crisis on the art market has ended and reconstruction began?
IG: crisis as such and did not have a problem with the expansion of the participants in this market. Russia, as not a very civilized country, yet lacks a sufficient number of educated tycoons to become part of the world the collecting boom.
AI: What process (or some trend) in your segment on the art market may begin to dominate in 2011? What buyers may show increased interest? What will become attractive for investors?
IG: I'm afraid to repeat, but I think it became apparent that the modernism of early Soviet era is still an attractive topic . Graphic arts is becoming the new followers, new old names. Widening the circle of artists who did not receive a once-overlooked - is overdue: the public is tired of the long-known names.
AI: What event of the year was mainly to your auction house?
Julian Rope: Probably, the growth of the Asian market. This year, significantly increased sales of Chinese art at sites in Hong Kong, London and San Francisco. We are seeing strong interest in the best items from collectors from mainland China. Now, Chinese art has become for us the third among the most important directions, after painting and classic cars.
AI: What event of 2010, in your opinion, had the greatest influence on the Russian art market?
DR: The economic downturn has affected the Russian market is perhaps stronger than the others. Only now beginning to return to pre-crisis levels, compared to 2008.
AI: Can it be said that in 2010 the crisis on the art market has ended and the restoration of the ?
DR: No doubt. 2010 is a record for Bonhams - the best year in the last decade, ie since the case is a new management team. A small British company, which was Bonhams in 2000, has grown into the third largest international auction house, which is present in 27 countries on four continents. During 2010, we are seeing growth in almost all segments of collecting.
AI: What process (or what the trend) in your segment on the art market may begin to dominate in 2011? What buyers may be elevated interest? What will become attractive for investors?
DR: Further to strengthen the Asian market, we expect the formation of the same trends in the markets of Russia, India, Greece, Turkey , South Africa - in countries with large diasporas, whose representatives were returned to art in a national circulation or buy important works of national art for registration of overseas homes. This is a serious driving force in these segments will be all right. We also note the continued interest in the "best of the best" - whether it's wine, the old masters, cars, silver and ceramics. People invest money in a work of art.
AI: You have submitted their Russian sales this year ARTinvestment.RU. What event of the year was mainly for your auction?
James Jackson: Remember that Jackson's International Auctioneers (auction house, and the estimated full-cycle, founded in 1969 , based in Cedar Falls, Iowa) opened the Russian Department in 1995. And since then we have sold many Russian lots on their auctions. Among the major events in 2010, I have noted the conclusion on the sale of two collections of objects originating from the Russian Empire: the antique collection of Dr. James Cooper, and meeting Military-Dr. Bradley Lemaya. These two auctions have brought 6.2 million dollars.
AI: How do you assess the situation on the Russian art market?
DD: I think that the Russian antiques market is going through a stage of correction. To some extent the situation in the Russian market with something similar to the U.S. real estate market sample 2005-2008. Transactions were at prices far above fair market. The market experienced the onslaught of the owners of "easy money" that did not stint on the Russian antique items. There is a second thing to note. Moscow and St. Petersburg gallery owners told me that their regular customers are now more and more directly for themselves to buy items at Western auctions, taking away the bread from dealers. Many Russian collectors believe that enough overpaid middlemen in the last five years, and now they want themselves to enter into transactions on the open market.
AI: What is the trend roost on the art market in 2010?
DD: The main trend in the global art market is clear as day. "New Chinese" (as the Russian 10 years ago) have been actively buying items their cultural heritage. To be successful they have everything: an almost unlimited financial resources, and must resolutely.
For us the main event of the year are spring auctions of 2010. There is a feeling that the crisis is coming back to the art market. In my opinion, in 2011 the focus will Modernism (modern art). He will be most attractive for investors.
AI: What event of the year was the most important thing for your gallery?
Victor Spengler: Good sales at Sotheby's auction of artists from of our joint projects with the State Tretyakov Gallery exhibition - V. Okorokov and N. Rotanova . For me this is tantamount to recognition of the artists that were once little known, and certainly did not consider their work in terms of investment. I am proud to be able to open their paintings to buyers and bring it to the proper level.
AI: What event of 2010, in your opinion, has had the greatest Market Impact of Russian art?
V.Sh.: bad past Russian sales in London.
AI: Can it be said that in 2010 the crisis was over and began restoring?
V.Sh.: In general, the market painting the crisis is not over. Russian academicians of the XIX century until now little demand, and prices are still below the 20-40 per cent. Painting artists of the second series is also unpopular. At the same time, the Russian avant-garde of the first half of the twentieth century, even increased in price. Segment of the second half of last century began sluggishly recover. Feel the excitement in the market of contemporary art.
AI: What process (or what the trend) in your segment on the art market may begin to dominate in 2011? What buyers may be elevated interest? What will become attractive for investors?
V.Sh.: This year I have seen evidence of significant interest to buyers is not too expensive art of the avant-garde. I hope that the art critics, gallery owners and art lovers will appreciate the art of the second half of the twentieth century with a greater understanding and interest.
AI: What event of the year was mainly for your shop?
Michael Goldin: First of all, erased from the memory of the events preceding months, and secondly, we are showing good results throughout the year. Nothing revolutionary, displays a gallery, or rather, our shop to a new level, because we - a shop in the open market position, we do not organize the exhibition, do not create information occasions, in short, bright events were not. Was a successful attempt to master a new layer of material, namely, netsuke, we never had this stuff is not doing. Perhaps the most honest answer to your question is "stability", however, achieved great difficulty. If the level of achievements can be attributed the negative result, the most significant reduction would be of interest to the painting.
AI: What event of 2010, in your opinion, has had the greatest Market Impact of Russian art?
MG: High performance in London and New York trading. Feast during the plague J.
AI: Can it be said that in 2010 the crisis was over and began restoring?
MG: None. If and started to recover, it is not persistent.
AI: What process (or what the trend) in your segment on the art market may begin to dominate in 2011? What buyers may be elevated interest? What will become attractive for investors?
MG: Graphics. Jewelry, collectible level. We are planning to develop the theme of Internet auction.
AI: What event of the year was the most important thing for your gallery?
Anatoly Borovkov: Buy and Sell porcelain collection of Baron Stieglitz School, the artist of the theater, Vladimir Muller and the acquisition of the personal collection of porcelain Elvira Eropkin artist LPF.
AI: What event 2010, in your opinion, has had the greatest influence on the market for Russian art?
AB: Continued harassment of Russian antiques in the press and on TV about forgeries, attributed Experts, however, the Ministry of Culture.
AI: Can it be said that in 2010 the crisis was over and began restoring?
AB: None.
AI: What process (or what the trend) in your segment on the art market may begin to dominate in 2011? What buyers may be elevated interest? What will become attractive for investors?
AB: Everything will be fine, if new collectors or normal state will allocate money to museums and libraries to acquire works of art. But this is unlikely. The money is needed for the Olympics and World Cup. On the other hand, at these construction sites again navoruyut billion and this money will buy antiques, especially since adopted the law on criminal responsibility of those officials who were unable to prove the legality of the onset of big money. And so, having a collection of antiques (supposedly inherited from grandparents and grandparents) can refer to the sale of its parts - for a life of luxury and further opportunities to sell antiques and thrive. Great impact to improve the appearance of antique trade laws to the world, permitting free, without special papers from the officials, the export of antiques, even though the cost of up to 50 thousand dollars.
AI: What event of the year was the most important thing for your gallery?
Mikhail Suslov: The latest exhibition at the CHA (obviously, Antique Salon. - AI .).
AI: What event of 2010, in your opinion, has had the greatest Market Impact of Russian art?
MS: The situation has not worsened.
AI : Can it be said that the 2010 crisis on the art market has ended and reconstruction began?
MS: Yes.
AI: What process (or what the trend) in your segment on the art market may begin to dominate in 2011? What buyers may be elevated interest? What will become attractive for investors?
MS: Strong demand for classical art. Investment are attractive items of the highest level as XIX, and XX centuries.
AI: What event of 2010, in your opinion has had the greatest influence on the Russian art market?
LA: The good results of auctions, some stabilization in energy prices - is a positive influence. And at the end of the year has deteriorated due to the unstable political situation: a change of mayor of Moscow and the latest developments with the national conflict.
AI: Can we say that the 2010 crisis on the art market has ended and reconstruction began?
LA: Yes begun, but in the end, the situation worsened.
second year evaluation of the current situation and future projections are far from shapkozakidatelskih. For this year would be named "Jordan" - bright shop after a long period of pent-up demand. But nothing brilliant has happened - neither particularly bad nor particularly good. In vogue reserved line of conduct - it was a year of very prudent purchases.
many foreigners (including those of our interlocutors in the antique interior) point out that the Russian market had to be tighter than overseas. Their crisis is drawdown at 15-20 percent, and we have the "depth" other.
interesting that among the factors that influenced the market of Russian art, respondents noted the dismissal of the Moscow mayor. This view is corroborated by other sources: purchases in the domestic market following the movements in the bureaucratic hierarchy have become more modest. Optimists also look at this situation differently: it is possible, they say, art from a certain point, by contrast, would be a "safe haven" for Moscow's money.
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