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RESULTS: Important Russian Art, London 24 November 2014

London's Important Russian Art sale on 24 November 2014, Sale 1571 realized £20,177,425/$31,597,848/€25,443,733

London, King Street

Important Russian Art

London, 24 November 2014, Sale 1571

[All sold prices include buyer’s premium]

240 lots sold

Total: £20,177,425/$31,597,848/€25,443,733

 57 % sold by lot

421 lots offered

£1= $1.566/ £1=€1.261

  73 % sold by value

 

Lot  

Description

Estimate (£)

Price Realised

Buyer

15

Valentin Serov (1865-1911)

Portrait of Maria Zetlin (1882-1976) oil on canvas

WORLD RECORD PRICE FOR THE ARTIST AT AUCTION

1,500,000-2,500,000

£9,266,500

$14,511,339

€11,685,057

Anonymous

38

Yuri Annenkov (1889-1974)

Portrait of Aleksandr Tikhonov (1880-1956) oil on canvas

WORLD RECORD PRICE FOR THE ARTIST AT AUCTION

2,500,000-4,500,000

£4,002,500

$6,267,915

€5,047,153

Russian Trade

215

A JEWELLED AND GUILLOCHÉ ENAMEL GOLD-MOUNTED ROCK CRYSTAL STUDY OF CORNFLOWER BY FABERGÉ, CIRCA 1900

200,000-300,000

£314,500

$492,507

€386,585

Russian Private

39

Boris Grigoriev (1886-1939)

Portrait of the actor Nikolai Podgorny as Peter Trofimov in 'The Cherry Orchard' by Anton Chekov , oil on canvas

250,000-350,000

£266,500

$417,339

€336,056

Russian Trade

385

A RARE SOVIET PORCELAIN VASE

BY THE STATE PORCELAIN FACTORY, ST PETERSBURG, 1929

35,000-45,000

£254,500

$398,547

€320,926

Russian Trade

278

A LARGE PARCEL-GILT SILVER AND CLOISONNÉ ENAMEL ICON OF THE MANDYLION

180,000-240,000

£242,500

$379,755

€305,793

Russian Private

417

A SILVER-GILT AND CLOISONNÉ ENAMEL COFFEE SERVICE  MARKED K. FABERGÉ, MOSCOW, 1908-1917

50,000-70,000

£224,500

$351,567

€283,094

American Trade

37

Boris Grigoriev (1886-1939)

Mon jardinière, oil on canvas

180,000-220,000

£194,500

$304,587

€245,265

Russian Trade

475

AN IMPORTANT SILVER-GILT IMPERIAL PRESENTATION KOVSH

70,000-90,000

£182,500

$285,795

€230,133

Russian Trade

204

A RARE AND IMPORTANT SILVER-MOUNTED LÖTZ GLASS LAMP MARKED FABERGÉ, CIRCA 1901

40,000-60,000

£170,500

$267,003

€215,001

American Trade

             

 

 

Alexis Tiesenhausen, International Specialist and Head of the Russian Art Department, London:

 

We are thrilled that the undisputed masterpiece, Valentin Serov's Portrait of Maria Zetlin, sold for the extraordinary sum of £9.2 million, smashing the auction record for the artist and setting a new world record for the most expensive painting ever sold in a Russian art sale. Portrait of Aleksandr Tikhonov by Yuri Annenkov sold for an impressive £4 million, marking the third time that this exceptional portrait has made a world record for the artist at Christie's. We are now seeing Russian masterpieces achieving the prices they deserve on the international stage.  The Russian Works of Art section, led by a Fabergé study of cornflower sold for £314,500, performed very well across all categories, demonstrating the maturity and resilience of this market. Rare items with exceptional provenance continue to generate competitive bidding internationally.  This sale demonstrates a 22% increase on November 2013, which had achieved £16.8 million; we look forward to our next sale in June 2015.  

 

PRESS CONTACT: Alexandra Deyzac | 02073892265| adeyzac@christies.com

 

Please click here to view the full international schedule of upcoming sales from the Russian Art department at Christie’s

Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

About Christie’s

Christie’s, the world's leading art business, had global auction, private and digital sales in 2016 that totalled £4 billion / $5.4 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.

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*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.