Erik Bulatov

Glory to the CPSU

Found at Phillips, London
Contemporary Russian Art, Lot 16
28. Feb - 28. Feb 2008
Estimate: 500.000 - 700.000 GBP
Price realised: 1.084.500 GBP
1975
Oil on canvas.
229.5 x 229 cm. (90 3/8 x 90 1/8 in).
Signed twice, titled and dated ‘Eric Bulatov E.V.BULATOV GLORY TO CPSU 1975 [in Cyrillic]’ on the reverse.
Phyllis Kind Gallery, New York

A top price for Erik Bulatov

In February 2008 Phillips in London held the auction Contemporary Russian Art, which included the work Glory to the CPSU by Erik Bulatov. The »bidding war« ended at GBP 1,084,500.00 (€ 1,418,483.44), 55% above the upper estimate. This high result makes Glory to the CPSU the most expensive artwork by Erik Bulatov that we have observed at auctions so far.

Ein Spitzenpreis für Erik Bulatov

Im Februar 2008 führte Phillips in London die Auktion Contemporary Russian Art durch, in der auch die Arbeit Glory to the CPSU von Erik Bulatov zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 1.084.500,00 (€ 1.418.483,44) und damit 55% über dem oberen Schätzpreis. Dieses hohe Ergebnis macht Glory to the CPSU zu dem teuersten Kunstwerk von Erik Bulatov, das wir bisher bei Auktionen beobachtet haben.

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