RUSSIAN ART SELLS OVER £24 MILLION AT SOTHEBY’S LONDON
AUCTIONS TOTAL: £19.5 MILLION
TWO MASTERPIECES SOLD PRIVATELY AHEAD OF AUCTIONS
RUSSIAN PICTURES FETCH HIGHEST TOTAL OF LAST FIVE YEARS
LONDON. Following the private sale of two masterpieces ahead of this week’s auctions, Sotheby’s Russian Art week closed yesterday with over £24million* of sales.
- Propelled by new buyers, Sotheby’s achieved its highest total for Russian pictures in the last five years, with 37 pictures selling for over £100,000 and over half of the sold works achieving prices above their pre-sale high estimates.
- At Sotheby’s four Russian art auctions, Sotheby’s achieved a combined total of £19.5 million of sales. They were led by a pair of magnificent Imperial vases which sold for £2,210,500 to a collector who had never bought at Sotheby’s before.
Jo Vickery, Senior Director and Head of Russian Art said:
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