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Christie's Russian Art Auction Nets $6.6 Mln

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Wednesday, 10 June 2009

Russian artworks fetched over $6.6 million, well above the lowest estimate of $5.4 million, at an auction at Christie's in London, a RIA Novosti correspondent reported on Wednesday.

With just 70% of all lots being sold, the auction house failed to clear the maximum estimate of $8 million.

The auction's top lot was A Finnish village. Roofs by Vasilii Shukhaev, which went for about $1.1 million, more than twice its pre-sale estimate.

Two works by Russia's most famous marine artist Ivan Aivazovsky, The survivor and Ukrainian harvest also made it into the top three, selling for $667,000 and $534,000, respectively.

Christie's also auctioned works by Faberge, jewelry and coins.

Christie's main rival, Sotheby's, sold 17 works of Russian art for $12.5 million during the first day of its annual Russian art days on Tuesday.

Wednesday, 10 June 2009

Ria Novosti
   Russia

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