Art market

"Sexy” perfectly defines the current state of the Russian art market - appealing, interesting, stimulating and inviting. Since the late 1990s Russian art has steadily emerged as one of the most dramatic, dynamic and exciting collecting areas. The meteoric rise in prices achieved each season at auction captivates every business and art-related paper and journal. Conjecture abounds in media headlines that address successful auction buyers in a most reductionist manner, the “mysterious Russian,” or the “anonymous Ukrainian;” these are the new heroes who buttress auction sales across different collecting categories. Individuals from different industries scramble to uncover identities and dissect collecting patterns. Who are these masked individuals? How can we characterize their collecting behavior?