Colin Gleadell noticed a mini-boom in works by Ivan Aivazovsky during the Russian sales in London. The painter of romantic seascapes went seven for eight at auction. But the most surprising result was in area that has yet to gain market traction:
A collection of 63 works by non-conformist artists working without the approval of the communist regime in the 1960s and 70s virtually sold out for £1.4 million, almost double the estimate. […
What was interesting was that nearly one third of these, including early drawings by the Moscow conceptualist, Ilya Kabakov who is to have a show at Tate next year, were bought by the Aquarelle Gallery in Moscow, indicating that the Moscow trade believes there is a future in the non-conformist market, which has not behaved so positively at auction before.
Rodchenko and co come to the rescue of the ailing Russian art market (Telegraph)
