26 July 2009

OLIGART- The Great Russian Art Boom

This new (published in 2008) documentary is on a very interesting subject. The new elite of Russia - the oligarks- are now interested in buying art, some are buying it as investment, some are buying it for political reasons and some simply for the love of art.

The result is simple: Russian art pieces worth millions and millions of pounds!! In the documenrary there were scenes from 2 auctions, the gross amount was 11 million founds for the first one and another 9 million was collected in the second action.

As I see pre-revolutionary art is very valuable but they also buy pieces built during Soviet union and simply traveled abroad or sold for a few dolars , today they are worth millions.

Natalia Goncharova is the worlds most expensive female artist as of today.See the article.

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