Russian Works of Art & Fabergé

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Leading the Market for Works of Art
As global market leader, Christie’s international Russian Works of Art team consistently achieves the highest percentage sold for Russian works of art at the top of the market. Over the last four years, Christie’s has realised the highest total for sales of Fabergé and Russian works of art each season. In November 2014, Christie’s sold eight of the top ten lots during London Russian week and achieved a sale total that was 60% higher than that of our nearest competitor. The highlights of our sale included a selection of porcelain from An Important European Collection, which sold for two times its low estimate. We closed 2014 with 60% global market share and maintained a sell-through rate which was over 30% higher than our closest competitor.

Leading the Fabergé Market
Christie’s has a long and successful history of being entrusted with the most important works by Fabergé. In our recent sale in London in November 2014, we sold nine of the top ten works by Fabergé offered during Russian sale week, including the top lot of the week, a Jewelled and Guilloché Enamel Gold-Mounted Rock Crystal Study of Cornflower for £314,500 / $492,507. This follows our successful sale in November 2013 of a royal collection of Fabergé, which achieved 653% of its low estimate and realised £1,263,550 / $2,046,951.

In November 2007, an important Fabergé egg from the Rothschild family collection sold for £8.9 m ($18.5 m) in Christie’s Russian Works of Art sale in London. This sale established world auction records for a Russian work of art, a work by Fabergé and a timepiece. Our sale of the Imperial Winter Egg realised $9.6 m in April 2002, achieving the second highest price for a Russian work of art sold at auction and the second highest auction record for a work by Fabergé. Christie’s has also been entrusted with the sale of works by Fabergé from some of the most distinguished collections in the world, including The Collection of H.R.H The Princess Margaret, The Collection of King George of the Hellenes, The Forbes Collection, The Kazan Collection, The di Portanova Collection and The Harewood House Collection.

UPCOMING SALES FROM THIS DEPARTMENT

Wednesday, 15 April 2015

Russian

New York, Rockefeller Center

Monday, 1 June 2015

Russian Art

London, King Street

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