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The Russian Art Market Stirs to Life

December 6, 2016 by Marion Maneker

Nikolai Suetin, Suprematist Surface Forms, 1921

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:Continue Reading

Christie’s London Russian = £24m

June 3, 2014 by Marion Maneker

Vasily Vereshchagin, The Pearl Mosque at Agra (1-1.5m) 3.66m GBP
Vladimir Borovikovsky, Potrait of Countess Liubov (50-70k) 2.99m GBP
Vladimar Borovikovsky, Portrait of Prince Lopukhin (40-60k) 2.14m GBP
Nicholas Roerich, The Heavenly Battle (500-700k) 1.5m GBP
Vladimir Borovikovsky, Portrait of Count Kushelev (50-70k) 1.48m GBP
Vladimir Borovikovsky, Portrait of Daria Valueva (30-50k) 722k GBP
Vladimir Borovikovsky, Portrait of Princess Lopukhina (40-60k) 602k GBP

Sotheby’s London Russian Evening = £18.29m

June 2, 2014 by Marion Maneker

Kazimir Malevich, Head of a Peasant (600-800k) 2.098m GBP
Aristarkh Vasilievich Lentulov, Children with Parasols (600-800k) 2.098m GBP
Mikhail Fedorovich Larionov, Kneading Dough (800-1.2m) 1.874m GBP
Georgy Grigorievich Nissky, Over the Snowy Fields (500-700k) 1.762m GBP
Stapanova, Figure with Guitar (250-350k) 1.65m GBP
Kirill Zdanevich, Cafe Etoile (500-700k) 1.482m GBP
VD Ermilov, Self Portrait (30-50k) 986,500 GBP
Nikolai Roerich, Archangel Michael (80-120k) 194,500

MacDougall Russian Paintings = £9.4m ($14.5m)

June 6, 2013 by Marion Maneker

Ivan Shishkin, Twilight (£1.2-1.8m) £2.158m
Mikhail Nesterov, Wayfarers, Beyond the Volga (£1.4-3m) £1.89m
Alexei Bogoliubov, View of the Venetian Lagoon (£400-600k) £474k

Detailed results can be found here.

Roerich Leads Bonhams £12.38m Sale with £7.9m Record Price

June 5, 2013 by Marion Maneker

Roerich, Madonna Laboris

Just when it looked like the market for Nikolai Roerich’s work was fading after a few lackluster sales this week, Bonhams puts the Russian-American mystical painter’s work back on the map with a powerful £7.9m sale in London. Part of the auction house’s £12.38m sale of Russian art, Madonna Laboris sold to a bidder on the telephone to set a new world record for the artist.

The lost masterpiece Madonna Laboris was always known to exist but its whereabouts had remained a mystery until it was rediscovered by Bonhams experts in a private collection in the U.S.A.

‘Madonna Laboris’ depicts the story from an apocryphal gospel which captured Roerich’s artistic imagination. In the transcendental heights above earth is Heaven, at the gate of which stands the Apostle Peter. Peter was disturbed and said to the Lord God: ‘All day long I watch the gates of Paradise; I do not let anyone in, yet in the morning there are newcomers in Paradise.’ And the Lord said: ‘Let us make the rounds at night, Peter.’ So they went in the night and they saw the Holy Virgin lowering along the wall her snow-white scarf, up which souls were climbing. Peter took this to heart and wanted to interfere, but the Lord whispered: “Shh… let be…” (Nicholas Roerich, To Womanhood, 1931).

Alexander Volkov, The Child Musicians £2m

A second world record was set by The Child Musicians by Alexander Volkov (1886-1957) which surpassed expectations selling for £2,057,250 to a buyer on the telephone after a lengthy battle with bidders in the saleroom. The painting is from the period which the artist described as his ‘return to realism’ and is considered to be one of his most important pictures of this period.

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