Thursday 1 December 2011

Christie's Russian sale results


Christie’s Russian Art sale realised £13,640,325 / $21,115,223 / €15,877,338 and was sold 65% by lot and 63% by value. Top lot was Vasily Vereshchagin’s Crucifixion by the Romans, selling for over £1.7 million and the proceeds of this sale will benefit the acquisition fund of the Brooklyn Museum in New York.

Comment: Sarah Mansfield, Head of Russian Art Department:
 The Russian sale achieved particularly strong prices for the most exceptional paintings, especially those which were previously unseen and fresh to the market. This is best illustrated by Crucifixion by the Romans by Vasily Vereshchagin which sold above its top estimate for £1.7 million, and by the three works which established world auction records. A further sign that remarkable pieces with private provenance are attracting international bidding was the results for two diplomatic collections of outstanding works of art that were sold in the afternoon session; one was formed by the former Italian Ambassador and the other by the wife of the American Ambassador to Russia in the 1920s, and both were 100% sold.”  


RESULTS: RUSSIAN ART - KING STREET, 29 NOVEMBER 2011
CHRISTIE’S RUSSIAN ART SALE REALISED £13,640,325 / $21,115,223 / €15,877,338 AND WAS SOLD 65% BY LOT AND 63% BY VALUE.
Sold: £13,640,325
Lots Sold:  240
Lots Offered: 370
Sold by Lot: 65%
Sold by £: 63%

Top 10 lots sold:
41
Vasily Vereshchagin (1842-1904), Crucifixion by the Romans, 1887
1,000,000 - 1,500,000
£1,721,250
Russian Private

63
Viktor Vasnetsov (1848-1926), A Bogatyr, 1920
World Auction Record for the Artist
300,000 - 500,000
£1,105,250
Russian Private

381
A Pair Of Rare and Large Two-Handled Porcelain Vases, by the Imperial Porcelain Factory, St Petersburg, Period of Nicholas I, 1833
500,000 - 700,000
£1,049,250
Anonymous

92
Konstantin Somov (1869-1939), The Boxer, 1933
500,000 - 700,000
£713,250
American Institution

26
Maria Iakunchikova (1870-1902), From a window of the old house, Vvedenskoe
World Auction Record for the Artist
150,000 - 200,000
£690,850
European Private

86
Marie Vassilieff (1884-1957), The dance (recto) and A cubist portrait (verso), 1913
400,000 - 600,000
£457,250
European Private

21
Ivan Pokhitonov (1850-1923), Sur la plage
World Auction Record for the Artist
80,000 - 120,000
£409,250
Russian Trade

75
Alexander Volkov (1886-1957), Kok-Su mountain river, 1914
300,000 - 400,000
£337,250
Anonymous

74
Boris Grigoriev (1886-1939), Still life with candle
250,000 - 350,000
£301,250
Russian Private

316
A Rare and Important Parcel-Gilt Silver and Niello Soup-Tureen, Mark of Semen Petrov Kuzov, Moscow, 1799
120,000 - 180,000
£289,250


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