Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Who Bought the Roerich Portrait?

April 24, 2009 by Marion Maneker

The Roerich market is said to be dominated by four Russian collectors. It would appear that the portriat of Nicholas Roerich purchased at Christie’s didn’t go to a museum but to one of those collectors. Here’s Bloomberg on the sale:

“A work of art is worth as much as a person is willing to pay for it,” said Elena Kuprina, an art consultant who bought the work with her husband, Maxim Lyakhovich, for a Russian art collector of Nicholas Roerich. “This is a cultural treasure.”

Lyakhovich also placed a winning $1.2 million bid (without commission), for Roerich Senior’s mountainous landscape “The Greatest and Holiest of Tangla” (1929), from the artist’s “Shambhala” series. The work was purchased for the same collection, Kuprina said.

Portrait Sells for Record $3 Million at Christie’s (Bloomberg)

More from Art Market Monitor

  • Brett's BasquiatBrett's Basquiat
  • Who Was That at Christie’s Last Night? What Did They See?Who Was That at Christie’s Last Night? What Did They See?
  • Vernissage TV: Frieze 2010Vernissage TV: Frieze 2010
  • Photograph Stolen to OrderPhotograph Stolen to Order
  • Zaretsky Declares Turrell VictoryZaretsky Declares Turrell Victory
  • How Very Large Diamonds are CutHow Very Large Diamonds are Cut

Filed Under: Auction Results

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Lost Lempicka Discovered at Sotheby's
  • $10 M. Picasso Portrait Unseen for Decades to Sell at Bonhams
  • Vienna Secession Painting, Long Thought to Be Lost, Sets a Record at Auction
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Collection of Texas Heiress Anne Marion Expected to Fetch $150 M. at Sotheby’s
  • Tony Podesta's Secret Art Buying
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Selection Bias In Art Is What Creates Value
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor