HAMMER

An art auctioneer gets entangled with a Russian oligarch.

It’s 2013, and Martin, a junior specialist at a posh London auction house, spends his days wheeling and dealing with art-collecting elites and his evenings drinking beer in a grubby basement apartment with his depressed musician roommate. Then one evening Oleg Gorelov—a Russian oligarch with a checkered past and a peerless art collection—comes into the house and casually buys a Basquiat for 10 million pounds. Oleg’s far younger wife, Marina, is Martin’s old college friend, and in the wake of the sale, she and Martin resume their acquaintance. This gives Martin access to Oleg, who eventually shows Martin a work by Russian painter Kazimir Malevich that art historians believed lost. If Martin can acquire that painting for sale by the house, it will drastically boost his career. But Martin’s growing proximity to the Gorelovs soon gets complicated: First, his friendship with Marina evolves into something they have to hide; then Oleg decides he’s going to remake himself (and the country he helped plunder) by challenging Putin’s reign and running for president on a reformist platform. Reed’s riveting second novel is at once a romance, a geopolitical thriller, a meditation on art, and an investigation of the moral compromises that everyone makes in the gravitational presence of wealth. Reed does a masterful job of complicating his characters’ motivations. Does Marina feel something special for Martin, or is she just dissatisfied with Oleg? Can Martin’s interests in Marina be uncoupled from his interest in Oleg’s art collection? To what extent is Martin’s love of painters like Malevich influenced by his knowledge of the insane value that the art market places on Malevich’s work? Are Oleg’s reformist ambitions motivated by a sincere regret about the nation-ruining side effects of his ruthless accumulation of wealth, or is he just nostalgic for the “wild years” when he could profit from his visions unencumbered by weak constraints like guilt?

Richly textured, compulsively readable, and brilliant throughout.