Art Investment

Graphic portrait of Meyerhold Annenkov sold for 1 million pounds at Sotheby's

A record for a work on paper by Annenkov. All in all, auction of Russian fine and decorative arts on November 27 brought 8.36 million pounds

Yesterday, November 27, in London, were the second and third sessions of the Russian auction Sotheby's. Section of paintings and works on paper brought 4.9 million pounds, and the section of Russian decorative arts, works of Fabergé and icons - 3.46 million pounds. Total, evening sale on November 26 , for two days, Sotheby's managed to gain by selling 20.5 million pounds (total estimate 17-24 million pounds).

Among the top lots of yesterday's auction included:

  • Graphics' Portrait Vsevolod Meyerhold "work Yuri Pavlovich Annenkov Yuri . For his work with pencil and paper arguing eight people in the room and on the phones. As a result, figure got a new owner for 1.05 million pounds - a few dozen times more expensive estimate 30-50 thousand pounds. This is a new record for the graphic works Annenkov.
  • section of decorative art and icons became the most expensive work of Faberge in a bouquet of cornflowers and stalks of oats. Cornflower sprig made of gilded silver, inflorescences of silver enamelled royal blue, center of the flower encrusted with diamonds; escape oats also made of gilded silver, placed a bouquet in a glass of rock crystal. This luxury souvenir was auctioned off for 433.25 thousand pounds - twice as much as the lower estimate 180,000 pounds.
  • Another highlight of the session was the sale of PDI icon of the Savior Almighty with the imperial provenance. This work was presented in 1888 by Tsar Alexander III on the occasion of the miraculous rescue of the royal family at the station Borki. Salary icon of gilded silver decorated with cloisonne enamel. Lot purchased for 253.25 thousand pounds (estimate 180-250 thousand pounds).

Top -10 An auction Sotheby's «Russian paintings and drawings," November 27, 2012

№ lot

Description

Estimate,

thousand pounds

result,

pounds

Buyer

171

Yuri Annenkov, Portrait of Vsevolod Meyerhold (1922) The world auction record price of his works on paper

30-50

1049250

private buyer, the CIS

324

Vladimir Weisberg Reclining Nude (1973)

40-60

229 250

private buyer, the CIS

272

Nikolai Fechin Female Portrait

80-120

175 250

private buyer, the CIS

269

Nikolai Fechin Portrait of Marusia Burliuk

30-50

157 250

private buyer, CIS

182

Yuri Annenkov Midnight in Paris

50-70

151 250

private buyer, the CIS

141

Gypsy

50-70

133 250

private buyer, the CIS

176

Yuri Annenkov Design for the film" Lola Montes "(1954)

15-20

115 250

private buyer, the CIS

136

Ivan Aivazovsky (attributed) Two ships at sea (1863)

40-60

111 650

private buyer, the CIS

340

Vladimir Nemukhin Untitled (1964)

50-70

103 250

private buyer, the CIS

143

Vasily Polenov Oka River golden autumn (1929)

50-70

99650

private buyer, the CIS

Top 10 lots of the auction Sotheby's
«Russian DPI, works of Fabergé and Icons» November 27, 2012

№ lot

Description

Estimate,

thousand pounds

result,

pounds

Buyer

560

Cornflowers and a stalk of oats. Faberge, St. Petersburg. (About 1910). Silver gilt, enamel, diamonds, rock crystal

180-250

433 250

anonymous buyer

559

Inkwell. Faberge. Perkhin master Michael, St. Petersburg. (1899-1903). Jade, gold, diamonds

200-300

337 250

anonymous buyer

586

cigarette. Master Charles Blanc, St. Petersburg. (1895). Gold, enamel, diamonds

40-60

253 250

private buyer, the U.S.

635

icon "Christ Almighty." Ovchinnikov, Moscow (1884). Silver, gilt and enamel

180-250

253 250

private buyer, the CIS

482

Dinner set for punch. Khlebnikov, Moscow (1875-1876). Silver, gilt and enamel

100-150

109 250

private buyer, the CIS

617

Icon "Elijah the Prophet." Perhaps Yaroslavl school (mid XVII century.). Board, temperature

60-80

109,250

private buyer, Europe

405

Don Cossacks on the Danube. Eugene Lancer. Bronze

50-70

97250

private buyer, the CIS

467

Presentation bucket. Alex Ratikov, Moscow (1773). Silver, Gold plated

30-50

87650

private buyer, the CIS

404

Allegory of the River Neva. Theodore Joseph Napoleon Jacques, St. Petersburg. (1842). Bronze

15-20

61250

private buyer, the CIS

558

Bowl. Faberge. Perkhin master Michael, St. Petersburg. (1899-1903). Jade, gold, diamonds, rubies

12-12

44,450

art dealer, UK

Source : Press Release Sotheby's


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