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Latest Articles - Luxury

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Impressionism Paintings at the World Auctions

Sunday, 26 April 2009

impressionism paintingsThere was opening of an exhibition of 30 young artists on April 15, 1874 in the Boulevard des Capucines, Paris, who were united with the idea to reproduce in their pictures short emotional effects our life is rich in. This significant exhibition officially initiated a new style in the art called impressionism. Specialist of this genre aspired to not only create topics taken from the everyday life but with photographic accuracy portray flying impression from an individual though trivial eyewink that will become a plot for another picture in a while.

While working they initiated using in the essence new technique of brushwork when they do not blend paints as they would before but put onto the canvas by the separate strokes of brushes. The principal point in works of impressionists is not the theme but the effect of light and shadow onto the very canvas thanks to which the paintings look airy and dynamic.

By the way works of painters in impressionism style should be observed at some distance to create an entire impression about them.

Some time elapsed and names of painters-pioneers whose works were rejected by guru of realism, won popularity and fame in the world and were incredibly demanded among amateurs of painting. Their pictures are sold high picture by picture costing a fortune at the world known auctions, while this revolutionary genre was recognized classic.

Pictures by celebrated impressionists were offered on November 1, 2008 at Christie's Auction with presentation of artworks by the legendary artists and sculptors of the late 19th to the first half of 20th century. The facilitators of the auction collected works of celebrated masters of impressionism as Henri de Toulouse-Lautrec, Henri Matisse, Claude Monet, Pablo Picasso, Joan Miro and many others.

The experts predict that the top logo of the auction may become the picture by Henri de Toulouse-Lautrec «Burnisher» created by the master sometime between 1886 and 1887.  An American collector presented the picture at the auction. The picture has always been in the number of private collections and from the date of creation it belonged to five different owners. The preliminary cost of the picture totaled USD 25 million.

And the popularity of  Henri Matisse is increasing day by day. The cost of his picture «Daisies» (1919 год) at the same auction totaled about USD 10 - 15 million. And it was no wonder, for at the Сhristie's auction held in New York on November 8, 2007, the picture by Henri Matisse «Odalisque Blue Harmony» was sold for the record-breaking price - USD 33,6 million.

One of the best pictures of another impressionist, Pier Ogust Renoir «Two Sisters», was sold for USD 13.5 million at Sotheby's in 2007.  And the record in the cost of Renoir picture was set at Sotheby's in 1990 in New York totaling USD 78.1 million.

Artworks by Claude Monet are valued no less. Thus, in June 2008 at Christie's the brushwork by Claude Monet «Water Lilies» was purchased for sensationally short period and record price. In order to draw this picture the artist spent some years appealing to the state authority to change the train of the Epte river and build a dam on it. This way the well-known plant-filled pond of backwater that was the base for this legendary picture. The preliminary cost of this picture not presented at auctions for over eighty years made 14 million pounds, however within two minutes this masterpiece was sold for GBP 36,5 million. Another picture «Waterloo Bridge» of the same artist was earlier sold at Christie's for USD 35 million.

The same, the infrequent  picture by Edgar Degas «Dancing Lady» was sold for the price twice as much as expensive than the start price (GBP 13,5 million). The painter who was alleged by ill-wishers to be extremely ill-sighted (thus they interpreted his manner of drawing) becomes more and more popular, yet the cost of pictures belonging to him is increasing, as well as works of other impressionists.

Just the same, watercolor by Paul Cezanne was sold for incredible USD 25 million. Cezanne is absolutely one among the painters whose works are highly valued at the market. And lately the evaluation of his innovative approach and significance to the history of XX century art is increasing more and more. The preliminary price for the watercolor by Cezanne «Still life with green melon» made USD 14-18 million. A sheet of paper with unripe melon and undrawn grapes and rolls in the basket was sold by Juzeppe Eskenazi, collector, who bought the watercolor in 1989 for USD 4,3 million. Hence, the profit from the sale was absolute.

Experts of paining market assure that the mainspring of such high-end auctions includes two factors - fall of American dollar and huge desire of quite well-to-do Russian customer to acquire these masterpieces of impressionism. It is likely the reason why collectors, who are mainly Americans, are forced to present their treasurers at auctions.


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