NEW YORK, NY.- Sotheby’s autumn 2010 auctions of Russian Art in New York brought a total of $14,397,064. The day began with an inaugural sale of Important Russian Paintings that achieved $10.6 million and set several new auction records. The highlight of the sale was a monumental canvas by the Socialist Realist painter Yuri Pimenov that sold for $1,538,500, more than double the high estimate and a record
for the artist at auction. The paintings auction was followed by a sale of Important Russian Enamels and Fabergé from a New York Private Collection that brought $3.8 million, led by a Fine and Massive Russian Gilded Silver and Shaded Enamel Large Wedding Kovsh, retailed by Ovchinnikov, Moscow, circa 1900 that sold for $518,500, well above the presale estimate (est. $200/300,000). The sale of Important Russian Art brought a total of $10,586,500, within the presale estimate of $8.7/12.6