Simon de Pury, from Phillips de Pury and Company Auction House talks about the exciting Faber collections of Chinese contemporary art, which will be featured in upcoming auctions; “It has works from all the best artists but from the best periods – all the early works.”

This is what will give the auction its unique nature – the fact that these works cannot be found anywhere else makes the auction even more important. This is not the only significant auction, as valuable works from Russian and Italian collections were also sold.

Mr. de Pury believes the Russian market is going to be at the forefront of significance soon, and the recent auction is only the beginning. The internationality of buyers and sellers is the most exciting aspect of the current market; non-Russians buying Russian art, non-Chinese buying Chinese art, and both buy international art.

“It has finally become a really global marketplace, which it wasn’t 5 years ago.”

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