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  • L11118 Important Russian Art Top Ten 28.11.11

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    LONDON, MONDAY, NOVEMBER 28TH, 2011 --- This evening, Sotheby’s Important Russian Art auction which was exceptionally well-attended brought £5,597,000/$8,657,999 (est. £5,755,000-8,415,000). The sale achieved sell- through rates of 66.7% by lot and 74.6% by value, and established two new artist records for Alexander Golovin and Pavel Kovalevsky. The top-selling lot of this evening’s auction was Petr Konchalovsky’s exceptionally rare, pre-revolutionary painting Tatar Still Life, dated 1916. The painting saw competition from 5 bidders and realised the above-estimate sum of £914,850/$1,415,181 (est. £500,000-700,000). The painting first belonged to influential Polish art critic Waldemar George who presented the painting as a wedding gift to Louis Gautier-Chaumet, editor-in-chief of “La Presse" newspaper, where George served as art critic. Commenting on the results of this evening’s auction, Jo Vickery, Senior Director and Head of Sotheby’s Russian Art Department in London, said: “We are very pleased with the results achieved for tonight’s Important Russian Art Evening Sale, which was led by Konchalovsky’s Tatar Still Life, a fine example of 20th century Russian painting. Artworks that came from the collection of Arthur Ferdinand Hamann performed particularly well, with all of the works offered selling for a combined total of £2,264,900/$3,503,574. We set new artist records for Alexander Golovin and Pavel Kovalevsky, both of whose works came from that private collection, and I was particularly pleased to see such depth of bidding for 19th century Russian classics. Today’s market for Russian Art is more selective than ever before and it is evident that fine works, priced appropriately with exceptional provenance generate competitive bidding; as we saw on our top lots this evening.” The second highest price of tonight’s sale was achieved for The Rostral Columns Near the Stock Exchange, St. Petersburg (1878), by Alexei Petrovich Bogoliubov. The painting was sought after by three bidders on the telephone and one in the saleroom, who drove the final price paid by a private CIS buyer on the telephone to £679,650/$$1,051,351, almost reaching its pre-sale high estimate (est. £500,000-700,000). This moonlit view showing the gilded dome of St Isaac’s in the background is one of the largest works by Bogoliubov ever to have appeared at auction and it is also among the most important depictions of his native city to have come to light in recent years. Another top-selling lot of tonight’s sale was an important work from The Collection of Arthur Ferdinand Hamann by Nikolai Roerich. His The Doomed City sold above pre-sale high expectations to a private CIS bidder on the telephone for the sum of £657,250/$1,016,700 (est. £400,000-600,000). The work has a distinguished early provenance, having been presented to Soviet activist and literary icon Maxim Gorky. It is also the most significant work from Roerich’s ‘pre-war’ or ‘prophetic’ series prefiguring World War I. Further works that performed well in tonight’s sale and achieved record prices for the artists were General Iosif Gurko in the Balkans by Pavel Osipovich Kovalevsky, which was offered from the Arthur F. Hamann Collection and sold for £253,250 (pre-sale est. £120,000-150,000). Kovalevsky was head of the workshop for military painting at the St Petersburg Academy of Arts and one of a group of artists commissioned by Tsar Alexander II to produce paintings of the Russo-Turkish conflict for the War Gallery of the Winter Palace. Alexander Yakovlevich Golovin’s Set Design for Act I of Pskovityanka, which sold for £31,250 (pre-sale est. £30,000-40,000), also achieved a record price for the artist at auction. The set designs for the production at The Bolshoi Theatre in St Petersburg in 1901 were so impressive that when the curtain r

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    LONDON, MONDAY, NOVEMBER 28TH, 2011 --- This evening, Sotheby’s Important Russian Art auction which was exceptionally well-attended brought £5,597,000/$8,657,999 (est. £5,755,000-8,415,000). The sale achieved sell- through rates of 66.7% by lot and 74.6% by value, and established two new artist records for Alexander Golovin and Pavel Kovalevsky. The top-selling lot of this evening’s auction was Petr Konchalovsky’s exceptionally rare, pre-revolutionary painting Tatar Still Life, dated 1916. The painting saw competition from 5 bidders and realised the above-estimate sum of £914,850/$1,415,181 (est. £500,000-700,000). The painting first belonged to influential Polish art critic Waldemar George who presented the painting as a wedding gift to Louis Gautier-Chaumet, editor-in-chief of “La Presse" newspaper, where George served as art critic. Commenting on the results of this evening’s auction, Jo Vickery, Senior Director and Head of Sotheby’s Russian Art Department in London, said: “We are very pleased with the results achieved for tonight’s Important Russian Art Evening Sale, which was led by Konchalovsky’s Tatar Still Life, a fine example of 20th century Russian painting. Artworks that came from the collection of Arthur Ferdinand Hamann performed particularly well, with all of the works offered selling for a combined total of £2,264,900/$3,503,574. We set new artist records for Alexander Golovin and Pavel Kovalevsky, both of whose works came from that private collection, and I was particularly pleased to see such depth of bidding for 19th century Russian classics. Today’s market for Russian Art is more selective than ever before and it is evident that fine works, priced appropriately with exceptional provenance generate competitive bidding; as we saw on our top lots this evening.” The second highest price of tonight’s sale was achieved for The Rostral Columns Near the Stock Exchange, St. Petersburg (1878), by Alexei Petrovich Bogoliubov. The painting was sought after by three bidders on the telephone and one in the saleroom, who drove the final price paid by a private CIS buyer on the telephone to £679,650/$$1,051,351, almost reaching its pre-sale high estimate (est. £500,000-700,000). This moonlit view showing the gilded dome of St Isaac’s in the background is one of the largest works by Bogoliubov ever to have appeared at auction and it is also among the most important depictions of his native city to have come to light in recent years. Another top-selling lot of tonight’s sale was an important work from The Collection of Arthur Ferdinand Hamann by Nikolai Roerich. His The Doomed City sold above pre-sale high expectations to a private CIS bidder on the telephone for the sum of £657,250/$1,016,700 (est. £400,000-600,000). The work has a distinguished early provenance, having been presented to Soviet activist and literary icon Maxim Gorky. It is also the most significant work from Roerich’s ‘pre-war’ or ‘prophetic’ series prefiguring World War I. Further works that performed well in tonight’s sale and achieved record prices for the artists were General Iosif Gurko in the Balkans by Pavel Osipovich Kovalevsky, which was offered from the Arthur F. Hamann Collection and sold for £253,250 (pre-sale est. £120,000-150,000). Kovalevsky was head of the workshop for military painting at the St Petersburg Academy of Arts and one of a group of artists commissioned by Tsar Alexander II to produce paintings of the Russo-Turkish conflict for the War Gallery of the Winter Palace. Alexander Yakovlevich Golovin’s Set Design for Act I of Pskovityanka, which sold for £31,250 (pre-sale est. £30,000-40,000), also achieved a record price for the artist at auction. The set designs for the production at The Bolshoi Theatre in St Petersburg in 1901 were so impressive that when the curtain r

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    L11118 Important Russian Art Top Ten 28.11.11

    Uploaded by

    Gavel
    LONDON, MONDAY, NOVEMBER 28TH, 2011 --- This evening, Sotheby’s Important Russian Art auction which was exceptionally well-attended brought £5,597,000/$8,657,999 (est. £5,755,000-8,415,000). The sale achieved sell- through rates of 66.7% by lot and 74.6% by value, and established two new artist records for Alexander Golovin and Pavel Kovalevsky. The top-selling lot of this evening’s auction was Petr Konchalovsky’s exceptionally rare, pre-revolutionary painting Tatar Still Life, dated 1916. The painting saw competition from 5 bidders and realised the above-estimate sum of £914,850/$1,415,181 (est. £500,000-700,000). The painting first belonged to influential Polish art critic Waldemar George who presented the painting as a wedding gift to Louis Gautier-Chaumet, editor-in-chief of “La Presse" newspaper, where George served as art critic. Commenting on the results of this evening’s auction, Jo Vickery, Senior Director and Head of Sotheby’s Russian Art Department in London, said: “We are very pleased with the results achieved for tonight’s Important Russian Art Evening Sale, which was led by Konchalovsky’s Tatar Still Life, a fine example of 20th century Russian painting. Artworks that came from the collection of Arthur Ferdinand Hamann performed particularly well, with all of the works offered selling for a combined total of £2,264,900/$3,503,574. We set new artist records for Alexander Golovin and Pavel Kovalevsky, both of whose works came from that private collection, and I was particularly pleased to see such depth of bidding for 19th century Russian classics. Today’s market for Russian Art is more selective than ever before and it is evident that fine works, priced appropriately with exceptional provenance generate competitive bidding; as we saw on our top lots this evening.” The second highest price of tonight’s sale was achieved for The Rostral Columns Near the Stock Exchange, St. Petersburg (1878), by Alexei Petrovich Bogoliubov. The painting was sought after by three bidders on the telephone and one in the saleroom, who drove the final price paid by a private CIS buyer on the telephone to £679,650/$$1,051,351, almost reaching its pre-sale high estimate (est. £500,000-700,000). This moonlit view showing the gilded dome of St Isaac’s in the background is one of the largest works by Bogoliubov ever to have appeared at auction and it is also among the most important depictions of his native city to have come to light in recent years. Another top-selling lot of tonight’s sale was an important work from The Collection of Arthur Ferdinand Hamann by Nikolai Roerich. His The Doomed City sold above pre-sale high expectations to a private CIS bidder on the telephone for the sum of £657,250/$1,016,700 (est. £400,000-600,000). The work has a distinguished early provenance, having been presented to Soviet activist and literary icon Maxim Gorky. It is also the most significant work from Roerich’s ‘pre-war’ or ‘prophetic’ series prefiguring World War I. Further works that performed well in tonight’s sale and achieved record prices for the artists were General Iosif Gurko in the Balkans by Pavel Osipovich Kovalevsky, which was offered from the Arthur F. Hamann Collection and sold for £253,250 (pre-sale est. £120,000-150,000). Kovalevsky was head of the workshop for military painting at the St Petersburg Academy of Arts and one of a group of artists commissioned by Tsar Alexander II to produce paintings of the Russo-Turkish conflict for the War Gallery of the Winter Palace. Alexander Yakovlevich Golovin’s Set Design for Act I of Pskovityanka, which sold for £31,250 (pre-sale est. £30,000-40,000), also achieved a record price for the artist at auction. The set designs for the production at The Bolshoi Theatre in St Petersburg in 1901 were so impressive that when the curtain r

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    +44 (0)20 7293 5000 F +44 (0)20 7293 5989 WWW.SOTHEBYS.

    COM

    Sale Results
    Sale L11118 Important Russian Art Grand Total: 5,597,000 ($8,657,999) Sold by Lot: 66.7% Sold by Value: 74.6% Lot Price (GBP) Estimate (GBP)

    London, Bond St
    28 NOV 11 Exch Rate: Lots Offered: Lots Sold/Unsold: Buyer CIS Private 1.55 30 20 / 10

    16 914,850 ($1,415,181) 500,000 - 700,000 Petr Petrovich Konchalovsky, Tatar Still Life, oil on canvas

    10 679,650 ($1,051,351) 500,000 - 700,000 CIS Private Alexei Petrovich Bogoliubov, The Rostral Column near the Stock Exchange, St Petersburg, oil on canvas 7 657,250 ($1,016,700) 400,000 - 600,000 Nikolai Konstantinovich Roerich, The Doomed City, tempera on board 4 397,250 ($614,506) 250,000 - 350,000 Ivan Ivanovich Shishkin, Haystacks, Preobrazhenskoe, oil on canvas 3 385,250 ($595,943) 350,000 - 500,000 Ivan Konstantinovich Aivazovsky, Sunset Over Yalta, oil on canvas 24 361,250 ($558,818) 300,000 - 500,000 Niko Pirosmani, Deer Drinking from a Stream, oil on cardboard 30 361,250 ($558,818) 300,000 - 500,000 Ilya Kabakov, Landscape with Buildings 1973, oil on canvas 20 313,250 ($484,566) 300,000 - 400,000 Konstantin Alexeevich Korovin, Evening Duet, oil on canvas 11 253,250 ($391,752) 120,000 - 150,000 Pavel Osipovich Kovalevsky, General Iosif Gurko in the Balkans, oil on canvas 5 229,250 ($354,627) 120,000 - 180,000 Ivan Konstantinovich Aivazovsky, Crimean Coast by Moonlight, oil on canvas CIS Private CIS Private Anonymous CIS Private European Private CIS Private CIS Private CIS Private

    # # # # POST-SALE PRESS RELEASE # # # #


    Specialist in Charge: Jo Vickery Press Office Contact: Simon Warren and Sarah Rustin

    Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. Sotheby's buyer's premium is 25% of the hammer price on the first 25000, 20% of the hammer price up to and including 500000, and 12% thereafter on each lot. **Estimates do not include buyer's premium** SOTHEBY'S: REGISTERED AT THE ABOVE ADDRESS NO. 874867

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