- 1982 year
Why we selected that artist and this painting
Unique, one of the best artists in large size painting «METAPHYSICAL HEAD», 1982, oil on canvas, 190 x130 cm ( 74 x 51 inc). Evaluation as per end 2020 is approximately EUR 50.000 - EUR 60.000 .
Mihail Chemiakin (Russian, b.1943) was a prominent member of the Soviet Nonconformist movement. In 1967, Chemiakin founded the St. Petersburg Group of artists, and developed the philosophy of Metaphysical Synthesism, dedicated to the creation of a new form of icon-painting based on the study of religious art of all ages and peoples.
He works in a broad range of media, from drawings to monumental sculpture, theater and cinema, and on themes ranging from the theatrical to the philosophical.
In 1971, Chemiakin was forced out of the USSR by the Soviet authorities. He settled, first in Paris, and then moved to New York City in 1980.
In 1989, the return of Chemiakin’s work to post-Communist Russia began with the first exhibition of his work there since his exile.
In 2001, commissioned by the City of Moscow, Chemiakin created a monument "Children Are the Victims of Adult Vices", a group of sculptures in a park 2000 feet south of the Kremlin, behind the British Ambassador's residence. Other sculptures by Chemiakin include Peter the Great in St. Petersburg's Peter and Paul Fortress, Peter the Great in London.
The artist has been awarded numerous prizes, such as Chevalier des Arts et Lettres (France 1994) and State Prize of the Russian Federation (Russia, 1993). He is Doctor Honoris Causa at the University of San Francisco, the Academie Europeene des Arts in France, and the Russian State University of the Humanities in Moscow. Chemiakin’s work is in the permanent collections of numerous museums in the United States, Russia, France, Poland, and CIS countries.
The artist lives and works in Russia, the United States, and France.
Mihail Chemiakin's work has been offered at auction multiple times, with realized prices ranging from 30.000 USD to 90.000 USD, depending on the size and medium of the artwork.
From January 2021 till June 2021 final price of sold lot number against estimate price is above 33.3 % according public open sources.
According to Artist's ARTIMX index, a notional $1,000 invested in Okshteyn's art 6 years ago has now turned into $1,700. The investment outlook is positive. Price appreciation by 12-17% per year. Comparison of Artwork Prices Across Price Points at price range USD 30.000 - 100.000.
*Based on publicly available sales data of this particular artist paintings. The comparison set includes paintings for the sales period from 2000 to 2021. This number reflects an estimate of fair value prior to our commitment to purchase the painting. Our appraised value is based in part on an estimate of the average cost per square centimeter of the painting over the past years. For this particular painting, our appraised value is the same as the third-party appraisal. The data used has been taken from public open sources.
Category: Soviet Nonconformist Art