Art News

Sotheby’s Week of Russian Art Sales Totals $31.9 Million

LONDON.- This afternoon, Sotheby’s Russian Art Sales Series concluded bringing a total of £19.3/$31.9 million – near the high estimate (£14,882,080-21,246,220) – and established a healthy sell-through-rate of 74% overall. Highlights of the sales series include: • ‘Romanov Heirlooms’ Sale realises £7 million, seven-times the high estimate of £900,000. The auction was 100% sold by value and with every lot finding a buyer the sale became the first Russian Art Auction at Sotheby’s to become