Painting of Roerich will be sold to repay debts
ARTinvestment.RU   26 июня 2020

We are talking about a painting seized from the founder of the Murmansk shipping company undergoing bankruptcy proceedings

the property of the founder of the JSC "Murmansk shipping company" Nikolay Kulikov were arrested in 2019, but the news that the picture of Roerich "the Pomoryany. Evening", bought at auction Sotheby's November 3, 2000, will be auctioned and the proceeds will go to payment of wage arrears to employees of MMP, appeared on June 25 of this year.

the Work of Roerich — part of the arrested assets of the company being put up for auction. Along with it the sale will be subject to the four properties. According to experts involved in setting the market price of these assets, real estate can cost of 46 million rubles ($660 million), and the picture — 78 million. ($1.12 million).

the auction record for a work by Nikolai Roerich at the moment is just over $12 million (with this amount at the Bonhams auction in 2013, was sold to his work "Proceedings of the virgin"), therefore, the evaluation of "Pomeranians" in the $1.12 million is quite optimistic, especially if we consider that the estimate of the work during the previous purchase was $141 thousand — $169 thousand.

The last time the work of Roerich reached the final price of a million dollars at public auction in 2014, when the "Russian auction" auction house MacDougall's picture "And we continue fishing" from the series "Sancta" 1920-х years was sold for $1.9 million For comparison: the record price for a work of Roerich in the domestic market at $ 8.9 million ($284 thousand) and was delivered in November 2011 at the auction of the Russian auction house in Moscow. In 2020, the work of Roerich appeared in auction catalogs six times and was sold three times. The record of this year — $275 thousand for the work "of the Mystery walls" in 1920, sold at auction, Shapiro Auctions in new-Йорке.

regardless of whether the sale of "Pomeranians" in the global or local market, the final price for it about $1 million will be a big success. Do note that this is not the first attempt to sell paintings in order to pay off debts. In 2018 "Pomoryany" Roerich was exhibited in the section "Sales" on the website of the Murmansk shipping company under the number 8. Then the implementation period pattern specified period 2018-2019, but the sale never happened: the picture was arrested.

the Material was prepared by Maria Kuznetsova AI

Sources: nord-news.ru, severpost.ru