Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

More than a lakeside sipper: Why Lugana deserves your attention this summer

August 2, 2026

In New York Court, Dealer Yves Bouvier Seeks Sotheby’s Records as Part of New French Criminal Case

August 1, 2026

Archaeologists Uncover Ancient Egyptian Grave Markers Carved with Human Figures

July 31, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

George Costakis, collector and saviour of Soviet avant-garde art, celebrated with Athens exhibition – The Art Newspaper

News RoomBy News RoomApril 8, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

If great collectors are distinguished by their ability to shape our understanding of art history, then George Costakis (1913-90) must surely rank among one of the greatest. Born in Moscow to Greek parents, he spent three decades hunting down, and saving, thousands of Russian and Soviet avant-garde works of art—at a time when they were hidden, vilified by the state and at risk of disappearing into history.

Costakis left some of his collection to the Tretyakov Gallery when he left the Soviet Union in 1977 but took a sizeable chunk to Greece. His collection was first exhibited there in 1995 at the National Gallery in Athens. Now, 30 years later, another show is opening at the same institution, reinterpreting the works through the theme of humans and their relationship to the environment.

Many of the artists included in the exhibition were caught up in the sense of immense creative possibility brought about by the Russian Revolution in 1917, which saw the overthrow of the Russian monarchy and the beginning of a new Soviet era. The show will reveal how these artists pushed at the boundaries between art and life: how, for example, Gustav Klucis and Liubov Popova began to imagine the machines and textiles of the Soviet future, and Kazimir Malevich promoted a type of painting that he thought could help people reach a higher realm of consciousness.

Gustav Klucis, Radio Orator. Agit stand with screen and speaker’s platform, (1922)

Today most of these artists are well known in the West, but they may not have been were it not for Costakis. He was working at the Canadian embassy in Russia, ferrying foreign diplomats to antique shops, when, legend has it, he first saw Olga Rozanova’s Green Stripe (1917), and “immediately realised that this was something different, something valuable, something new,” says Syrago Tsiara, the National Gallery’s director and the exhibition’s co-curator. A Rozanova work became his first avant-garde acquisition in 1946.

Selling everything for art

From that point “he became like crazy,” says Costakis’s daughter, Aliki Costaki. “He started to sell all of his silver, carpets, everything, and little by little search for avant-garde paintings”. His journey took him to the homes of Kliment Redko’s widow and Popova’s brother, who each sold him several works.

Aliki and her mother, Zinaida, assisted Costakis with his mission. Aliki recalls being bought a fur coat by her parents. “[Then Costakis said] I need money now. And so, I said, okay, we’ll sell it.” A car was at one point exchanged for some Popovas. Costakis’s large apartment in southwest Moscow became “an open museum, 20 hours [a day],” Aliki says.

Costakis faced many obstacles. From the late 1920s, freedom of expression began to be repressed by the Soviet authorities, and this had intensified significantly by the time Costakis began collecting. Strict rules were put in place about what kind of art could be made under the regime, and “some people were afraid of what they had,” Aliki says. Yet, as his collection garnered attention abroad, Costakis was burgled several times and a dacha in which he stored works was set ablaze.

Costakis left many of his best works in Russia, Aliki says. She adds that she stays in touch with the Tretyakov over its handling of the works. In 2013, Aliki also left a donation from the Costakis collection of more than 600 works by the nonconformist artist Anatoly Zverev to the private AZ Museum in Moscow.

Tsiara notes the exhibition is taking place in “a strongly nationalistic world, a strongly divided world”, in which Ukraine and Russia are at war. This, she says, makes it even more important to note the nationalities of each artist who took part in the so-called “Russian” avant-garde: from the Latvian Klutcis to Malevich, who was born in Ukraine to Polish parents.

The show is also an opportunity to acknowledge how the collection shaped the museum sector in Greece, becoming the core of the Museum of Modern Art in Thessaloniki, which has collaborated on the show. Most of all, it is a testament to a man who saved a sliver of art history for us all. “Costakis said once that we will need these artworks,” Tsiari adds. “I agree with him 100%—we need them.”

• The Avant-Garde World: City, Nature, Universe, Human, National Gallery-Alexandros Soutsos Museum, Athens, 15 April-27 September

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

In New York Court, Dealer Yves Bouvier Seeks Sotheby’s Records as Part of New French Criminal Case

Archaeologists Uncover Ancient Egyptian Grave Markers Carved with Human Figures

6 Books We’re Looking Forward to in August

Citing Censorship, Artist Emma Shapiro Launches Legal Challenge to Restore Instagram Account

Gagosian exits locations in Basel and London’s Burlington Arcade – The Art Newspaper

D.C.’s Equestrian Statues Are the Latest Targets of Trump’s ‘Beautification’

See the Trailer for the New Thomas Crown Affair Movie, Starring Michael B. Jordan as a Notorious Art Thief

‘Art world summer camp’: the Aspen Art Fair prioritises immersion over expansion – The Art Newspaper

Business School Professors Launch AI Tool to Help Identify Unclaimed Nazi-Era Looted Artworks

Recent Posts
  • More than a lakeside sipper: Why Lugana deserves your attention this summer
  • In New York Court, Dealer Yves Bouvier Seeks Sotheby’s Records as Part of New French Criminal Case
  • Archaeologists Uncover Ancient Egyptian Grave Markers Carved with Human Figures
  • 6 Books We’re Looking Forward to in August
  • Citing Censorship, Artist Emma Shapiro Launches Legal Challenge to Restore Instagram Account

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

In New York Court, Dealer Yves Bouvier Seeks Sotheby’s Records as Part of New French Criminal Case

August 1, 2026

Archaeologists Uncover Ancient Egyptian Grave Markers Carved with Human Figures

July 31, 2026

6 Books We’re Looking Forward to in August

July 31, 2026

Citing Censorship, Artist Emma Shapiro Launches Legal Challenge to Restore Instagram Account

July 31, 2026

Gagosian exits locations in Basel and London’s Burlington Arcade – The Art Newspaper

July 31, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.