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Wednesday, July 26, 2017

The expert explained why “the Edge” Shishkin sold for $2 million

The painting “On the edge of a pine forest,” which Ivan Shishkin painted a year before his death, was sold at Sotheby’s for two million dollars. The name of the winner of the auction is not known. But we know that for the coveted item in the final part of the auction traded four buyers.

Landscape with fields in the vicinity of Yelabuga Shishkin wrote the memories from the last trip to his native land. The artist rejected the proposal of the Emperor Nicholas II, wishing to buy the painting for his personal collection. But sold it to his nephew Nicholas Staheeva. It is important that the work never appeared on the market.

– Auction house has offered a picture of Shishkin with a moderate rating in 700 000 – 1 000 000 dollars, which is three times cheaper than at the peak of the market, – says the chief editor of the portal ARTinvestment.RU Vladimir Bogdanov. Flagship lot of Sotheby’s has good provenance. Picture “pine forest” published in the exhibition catalogue in 1897, that is in the year of its creation. Composite “Edge” in tune with the masterpiece Shishkin “Rye” (from TG), but only written almost 20 years for 65–year-old Wanderers. Power of this thing later, in our opinion, noticeably inferior to the canonical work. But still is a strong Shishkin, large size (109 – 162 cm), which today go find. With result 2 000 000 $ “the pine forest” will be included in the top ten most expensive paintings Shishkin, sold at international auctions. However, it is 30% cheaper than in better times. In particular, in 2008, of comparable size and year of creation of the thing was sold at Christie’s for 3 177 000$. A current record for Shishkin was installed in 2013. Then the picture 1896, almost like “Edge” and almost the same size was sold for 3 323 000$.

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