Works of Four Ukrainian Artists Featured at Phillips De Pury & Co Auction

Kyiv, May 5, 2011. For the first time the works by four modern Ukrainian artists will be presented at the Phillips de Pury & Co international auction in New York. Art works by Anatoliy Krivolap, Oleg Tistol, Vinny Reunov and Igor Gusev will be presented at the auction along with the works of Andy Warhol and his legendary portrait of Elizabeth Tailor Liz #5, Vik Muniz, Michelangelo Pistoletto, Sam Taylor-Wood and other world famous artists.

On May 12-13, paintings of four Ukrainian artists will be presented at the American auctions at the second part of the Phillips de Pury & Co Contemporary Art Auction. In June 2009, a work by Ukrainian artist appeared at the international auction for the first time. It was a work by Ukrainian painter Igor Gusev presented at Sotheby’s auction. This time, Gusev will present his portrait of Sasha Baron Cohen’s character: Borat-Kazakhstan-Baikonur (2010). The preliminary value of his work was estimated at 15-20 thousand US dollars.

In March 2010, Oleg Tistol’s oil on canvas Ararat-9 was sold at the «NOW: Art of the XXI Century» sale of Phillips de Pury & Co. The May auction will feature Tistol’s work for the 13^th time. This time it will be his painting Sea (2010). Tistol is usually referred to as Ukrainian Andy Warhol for his pop-art aesthetics. In February 2011, Anatoliy Krivolap’s Moon above the River was sold for 48.415 US dollars at the same auction house in London, making a record sale as the most expensive Ukrainian painting in the world in the price vs. size ratio. His painting The Steppe (2009), which is exhibited this time, is valued approximately at 30-40 thousand US dollars. Also, the auction will feature Winnie Reunov’s work Press Release, estimated at 15-20 thousand US dollars.

This year’s Phillips de Pury & Co May auction is a greatly anticipated one for the renowned work by Andy Warhol Liz #5, which will be put up for sale in the first part of the auction. According to preliminary estimation, the legendary portrait will sell for 20 million US dollars. The portrait will be the first work available at the public sales, followed by a photo-print by Cindy Sherman, an abstract masterpiece by Mark Rothko, and Robert Indiana’s LOVE sculpture (the fifth copy of the 1972 monument, which has since become one of New York’s symbols. – Ed.)

As of today, the Phillips de Pury & Co auction house has offices in London, New York, Paris, Moscow, Geneva and Berlin and boasts annual sales reaching 3.2 billion US dollars.