The last item in The New York Times‘s Inside Art column announces that Sotheby’s will be slicing the salami very thin this year to make a sub-sale of Ukrainian Contemporary art within its London Russian art week:
With wealthy Russian buyers no longer dropping millions of dollars on art since the economy soured in the fall, Sotheby’s is hoping to entice Ukrainian collectors who are willing to shop at a more modest level.
For the first time the auction house will be adding examples of contemporary Ukrainian art to its contemporary Russian art auction in London on June 9. Estimates for the works range from around $3,000 to about $36,000. To promote the sale it will be showing 19 highlights at the Ukrainian House in Kiev on May 20 and 21.
Inside Art (The New York Times)