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Russian Art Finds Frantic Bidders

November 5, 2010 by Marion Maneker

Katya Kazakina ducked into Sotheby’s Russian sale yesterday and discovered some furious bidding:

A Soviet realist painting depicting two female workers raising a red flag over Moscow fetched $1.5 million at Sotheby’s in New York today. Painted in 1950 by Yuri Pimenov, the optimistic 8.4-foot- tall canvas “First of May Celebration” led the $14.4 million sale. […]

Aleksey Kravchenko’s canvas “Indian Fairytale,” created in the 1920s and inspired by a trip to India and Sri Lanka, fetched $1.48 million, nearly reaching its presale high estimate. Prices include a buyer’s commission.

A group of red-robed lamas depicted on paper by Alexandre Iacovleff in 1932 sold for $782,500. That set an auction record for the artist, who made frequent expeditions in Asia and Africa

Drinking Cup for $500,000, Faberge Wedding Boost Sotheby’s Russian Sale (Bloomberg)

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  • Sotheby’s Russian Art = $17.6mSotheby’s Russian Art = $17.6m
  • Sotheby's Russian Art = £14m ($23m)Sotheby's Russian Art = £14m ($23m)
  • Sotheby's Russian Paintings = £4.3mSotheby's Russian Paintings = £4.3m
  • Sotheby's New Nov. Russian SaleSotheby's New Nov. Russian Sale

Filed Under: Auction Results Tagged With: Russian, Sotheby's

About Marion Maneker

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