RESULTS: The Russian Sale

London

Sold:

£ 14,909,600

$23,288,795

€17,518,780

Lots Sold: 308

Lots Offered: 462

Sold by Lot: 67%

Sold by £: 83%

Exchange Rate£:= $1.562/  €1.175

 

Lot 

Description

 

Estimate (£)

 

Purchase Price

 

Buyer

342

A pair of monumental two-handled porcelain vases, by the Imperial Porcelain Factory, St Petersburg, 1850s-1860s

600,000-900,000

£ 993,250

$1,551,457

€1,167,069

International Trade

219

A rare jeweled gold and guilloché enamel Imperial presentation snuff-box, by Fabergé

World record price for an Imperial snuff-box with miniature, by Fabergé

400,000-600,000

£937,250

$1,463,985
€1,101,269

Private

40

Konstantin Korovin (1861-1939)

A Lady in white seated in a garden, 1915

800,000-1,200,000

£892,450

$1,394,007
€1,048,629

Private

103

Petr Konchalovsky (1876-1956)

Versailles. L’Allée, 1908

800,000-1,200,000

£881,250

$1,376,513
€1,035,468

Private

29 

Isaak Levitan (1860-1900)

By the water’s edge

300,000-500,000

£690,850

$1,079,107
€811,749

Anonymous

100

Alexandre Iacovleff (1887-1938)
Aoua, Femme Banda

750,000- 950,000

£601,250

$939,153
€706,469

Private

 233 

A rare jeweled gold and guilloché enamel Imperial presentation snuff-box, by Friedrich Koechli, St Petersburg, circa 1890

250,000 - 350,000

£505,250

$789,201
€593,669

Private

358

A pair of impressive two-handled porcelain vases
by the Imperial Porcelain Factory, St Petersburg, Period of Nicholas I, dated 1839

300,000 - 500,000

£481,250

$751,713
€565,469

European Trade

 260 

A silver-gilt mounted guilloché enamel and bowenite clock, by Fabergé, St Petersburg, 1899-1908

200,000 - 300,000

£385,250

$601,761
€452,669

Private

26

Ivan Aivazovsky (1817-1900)
The Great Pyramid at Giza

300,000 - 500,000

£361,250

$564,273
€424,469

Private

 

Comment: Sarah Mansfield, Head of Department and Mark Moehrke, Director of Russian Works of Art: “This season, Christie’s welcomed buyers from a record 27 countries to our Russian Art sale. The buzz in the saleroom was heightened by strong telephone bidding as well as keen internet participation. Buyers responded enthusiastically to the rarest and most important Works of Art offered during November’s Russian Art Week 2010. A new world auction record was established for an Imperial Presentation Snuff-Box with miniature, by Faberge, which sold for £937,250, more than doubling its low estimate. The highlight of the porcelain section was the pair of monumental porcelain vases by the Imperial Porcelain Factory, which sold for just under £1 million. The Russian Pictures section was 73% sold by lot and testified to the continued demand for privately-sourced paintings of exceptional quality and rarity. The majority of the picture lots in the top 10 had never been seen on the market before and justifiably incited international interest.

In 2010, Christie’s sold Russian Art for a total value of over £30 million, an increase of 33% against the previous year. The top lot in 2010, Vasya, by Kuzma Petrov Vodkin sold in June for £1,883,250 and established a new world auction record for the artist.

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). Christie's is also recognised as a reference for prestigious single owner collections, having auctioned 8 of the 10 most important collections in history.

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Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

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