|
| The Russian avant-garde specifically was crucial in the artistic and theoretical development of 20th century art on the whole. ABA gallery is dedicated to exposing the significance and beauty of Russian art to an international audience. The value of Russian art in the marketplace has risen dramatically. Auction market results alone have quadrupled since the year 2000. Today Russian art is one of the most dynamic and escalating markets; each season new world-record prices are achieved for Russian artists across all price categories. Russian art is now purchased for national repatriation, for corporate and private collections, and as investment; a solid aspect of portfolio diversification. |
|
Numerous corporations and private individuals actively purchasing Russian art are building their own private museums. The past seven years of public auction results demonstrate consistent growth and increased demand in this collecting area. The Russian art market is still relatively young; prices have not yet reached the peaks of comparative European and American art categories and great opportunity for long-term profit in inevitable and should be fully explored. |
|