London Russian Art Sales
Published June 11th, 2007
Three auction houses in London are offering as much as 44 million pounds ($86.7 million) of Russian art for sale this week as an increasing number of wealthy Russians seek to acquire works of their cultural heritage.
Three days of sales begin tomorrow when Sotheby’s offers 550 lots that could sell for as much as 27 million pounds. On June 13, 237 lots at Christie’s International, the world’s largest auction house, could fetch up to 11 million pounds. MacDougall Arts Ltd., an auction house that specializes in Russian art, expects to sell 6 million pounds from 350 lots on June 15.
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