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Merab Abramishvili at Van Ham Kunstauktionen Auction, Cologne, Germany.
June 2024
On June 6, 2024, at the Van Ham Kunstauktionen auction in Cologne, Germany, two works of Merab Abramishvili will be presented – from the corporate collection of Cologne – purchased from the artist in 1992.
Stillleben
Lot #615
Tempera on plywood, 98,5 x 93 cm. 1992
Estimate: €18,000 – €24,000
Stillleben
Lot #615A
Tempera on plywood, 73 x 105 cm. 1992
Estimate: €10,000 – €15,000
Presenting works of Georgian artists at international auctions is a crucial phenomenon.
International art market and Georgian art are fascinating topics, and Merab Abramishvili is a consistent participant.
From 2016 until now, 52 works of Merab Abramishvili have been presented at international auctions, of which 36 have been sold. The history of sales of the artist is distinguished by increasing index of price and rating. It is a successful project implemented by Baia Gallery – branding and establishing an artist’s place in the international art market.
The auction history of the artist’s works is connected with the Sotheby’s London exhibition – “At the Crossroads” 2013-2014, where works of Merab Abramishvili – “Man-Eater of Kumaon” and “Paradise” were sold. After this fact, Merab Abramishvili became a permanent participant in auctions, according to which the history of international sales of his works was created, which, although far behind the indicators of the local art market, is compelling and should be taken into account in the creation of the price index. It was the international auction institution that determined the consistent and growing process of the sales history of Abramishvili’s works, and the artist’s work acquired the status of a solid and reliable investment. The works of Merab Abramishvili, which are particularly interesting as an example of the synthesis of Eastern and Western culture, became a field of international interest.
According to auction results, the highest price was recorded in 2023, at Bonhams, London auction – “Black Panther”, 55 x 75 cm. – € 89,630 (£ 76,600), and in 2016 at Sotheby’s, London – “Three Hundred Aragvians,” 74.5 x 74.5 cm. – €79,413 (£62,500). The average price of the artist’s works at international auctions ranges from £20,000 to £50,000.
Merab Abramishvili is represented by Baia Gallery – locally and internationally. It is one of the most successful projects of the gallery, which has gained international recognition. The gallery organized more than ten exhibitions of the artist, including a retrospective in 2016 at the Tbilisi Museum of Modern Art. It has presented the artist at the London exhibition “At the Crossroads.” The gallery cooperates with the artist’s foundation, works on the artist’s catalog raisonné, researches work, and participates in determining the originality of works. Baia Gallery discovered and studied more than 500 works of the artist in private collections. The digital database of the gallery contains more than 1000 works of the artist. The works of Merab Abramishvili are in various gallery exhibitions, on the website, social media, and online art platform – artsy.net. Currently, the gallery is preparing a large-scale exhibition of the artist, which will be held in both exhibition spaces of Baia Gallery for four months, from November 2024.
Follow the sales history of the artist at international auctions. If you want to participate in the auction, contact us for consultation.