Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Will Goncharova Breakout?

June 17, 2008 by Marion Maneker

Natalia Goncharova’s Work Soared in the London Russian Sales; Now She’s Featured in Next Week’s Impressionist and Modern Auctions.

This is Christie’s Goncharova, a featured lot in their London Impressionist and Modern sale on the 24th. Estimated at between 3.5 million pounds and 4.5 million pounds, Les Fleurs is a pivotal work from 1912 when Goncharova was involved with Der Blaue Reiter. So they’re banking on the rage for Expressionist works–especially among Russian buyers. See this story from Art + Auction summing up the now fading Expressionism micro-market.

Christie’s was just got burned on The Crucifixion which was bought in at an estimate of between 1.5 million and 2.5 million pounds during the Russian sales. Meanwhile, Bonham’s scored 1.7 million pounds for Sailboat and Sotheby’s made 2.28 million and 1.16 million pounds on two different still lifes in the same
sales (see one after the jump.) Perhaps more significantly, Sotheby’s had two day sale winners that sold for four and five times the low estimates in the low six-figure range.

This Art + Auction story about the Goncharova market warns of fakes and suggests her works on paper are undervalued. But the big question is whether Les Fleurs can establish a new record and keep her momentum building.

Artist Dossier: Natalia Goncharova (Art + Auction)

The New Blue Chip (Art + Auction)

More from Art Market Monitor

  • London’s Imp-Mod Sales Rise 59%, Near 2014 Peak SalesLondon’s Imp-Mod Sales Rise 59%, Near 2014 Peak Sales
  • What Happened in London?What Happened in London?
  • Gleadell's Take on London and New YorkGleadell's Take on London and New York
  • Disposing of the GuaranteesDisposing of the Guarantees
  • Winter 2009 Impr/Mod Evening ResultsWinter 2009 Impr/Mod Evening Results
  • Side-by-Side ModiglianiSide-by-Side Modigliani

Filed Under: Uncategorized Tagged With: Christie's, London, Modern, Sotheby's

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Tony Podesta's Secret Art Buying
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • $10 M. Picasso Portrait Unseen for Decades to Sell at Bonhams
  • The Billion-Dollar NYC Apartment of Ben Heller
  • How to Chant Like an Auctioneer
  • David Bowie Talks About Art (with Julian Schnabel)
  • Mapping a Career in the Art World
  • Sotheby's Pulls in a $9m David Hockney for November
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor