THE BENEFICIARY auction on September 23 of Slovak contemporary works, organised by the Centre of Contemporary Art Foundation (N-CSU) in cooperation with the SOGA auction company and the 1.A. company, ended with the sum of Sk700,000 (€17,000).The money will be used to support the work of young artists through grant programmes provided by N-CSU.
The collection consisted of 115 works from 60 renowned Slovak artists of various generations, who donated their works to the auction. This was the first auction in Slovakia's history that focused on and benefited living artists. Even though a contemporary art market does not exist in Slovakia, it seemed that the auction's works attracted long-term and beginning collectors alike, informed N-CSU.
The most expensive work was the oil painting entitled In the Sculptor's Workroom by Vladimír Havrilla, which sold for Sk58,000 (€1,400). The painting Without Name, by last year's winner of the Oskár Čepan Award, Boris Sirka, also caught attention, climbing from an initial bid of Sk25,000 (€600) to Sk37,000 (€900).
The auction took place on the occasion of the 10th anniversary of N-CSU's founding. The aim of the foundation is to promote, protect, and spread contemporary art.
6. Oct 2003 at 0:00