MOSCOW TIME: 21.08.2018 07:28:48

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Sotheby's raises more than $12 mln from Russian art sales

Sotheby's raises more than $12 mln from Russian art sales

The revenues of the Sotheby's auction house at the auction of items of Russian and Soviet art held on June 5 exceeded 9 mln pounds ($12 mln).

The sales took part as part of traditional Russian week, which is held in London twice a year - in May-June and November-December.

Sotheby's raised most of these revenues from the sale of paintings - 6.9 mln pounds ($9.2 mln).

Harlequin (1922), a painting by Alexander Yakovlev (1887-1938) became the most expensive lot. The canvas was sold for 730,000 pounds ($975,000), which is more than four times higher than its original price.

Source:www.tass.com

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Sotheby's Russia art

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