Thursday, July 23, 2009

Vienna Auction House Sees Record Results -

Just when we thought the art market is going into the dumps along with the rest of the economy, there appears to be some signs of light at the end of the tunnel. What is particularly encouraging (to me) is the rising value of one of my favourite artists, Egon Schiele:

The estimated value in the Im Kinski auction catalogue was between € 100.000,00 and € 140.000,00, whereas the actual price came in at €260,000!

Here is what ARTINFO wrote about the subject:

VIENNA—At a time when the "big three" auction houses — Christie's, Sotheby's, and Phillips de Pury & Co. — are seeing their major sales bring in mere fractions of previous years' results, the Vienna auction house Im Kinsky has defied the declining art market and achieved record results for the first half of 2009, reports the Austrian Press Agency.

The modest Im Kinsky brought in €14 million ($19.9 million) from January through June, for an increase of 11.2 percent over the same period last year. The house reports selling 17 lots for more than €100,000; the top three earners were Max Oppenheimer's Die Geißelung (The Whipping) at €446,000 and Egon Schiele's Stehendes Mädchen (Standing Girl) and Akt mit Strümpfen (Nude with Stockings) at €320,000 and €260,000. Not all the news is good, though: While important modern works have done well, interest in 19th-century painting has waned.

Vienna Auction House Sees Record Results -

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Fantastic Realism and Surrealism, an Excursion into Bogomil's Universe

Bogomil's Universe is an excursion into the realms of the "Inner Universe" - a parallel universe that exists in the mind, and glimpses thereof are presented here. I am increasingly reluctant to speak of my work as strictly and exclusively surrealistic. While Surrealism provided the initial spark, and some of the methods of Surrealism are employed, I do not suppress the influence of the rational and selective focus. Thus, particularly in later works, there is to be found a conscious juxtapositioning of the complementary forces of inspiration and reason.
I do not concern myself with the elimination of the rational, the exclusivity of the irrational and the absurd, but presentation of the conscious and subconscious world as an inseparable whole. I draw my inspirations from the layered labyrinthic underground which represents the "other side" of life, which is an "inner" imaginative-inspirational counterpart to the "outer" world, expressed with the help of logic-alogic associations, analogisations and symbolism.
My interest in Religion and Mythology is particularly expressed in my drawings. Technically, they are counterpoint to the Bogomil Cyclus paintings, relying almost entirely on the action of the sharpened pencil point on virginal paper, as opposed to textured surfaces as inspirational departure points in my paintings. In both instances however, the outcome is not pre-determined. The act of painting or drawing is a memorable trip into the uncharted realms of the "Inner Universe", the results of which are presented to you here after the fact.