Saturday, June 11th, 2011

Sotheby’s in London Sells a Group of Paintings by Vereschagin for $5.7 Million

June 7, 2011 by All Art News  
Filed under Art Market, Featured

LONDON.- Tonight, in Sotheby’s Evening Sale of Important Russian Paintings a group of works by renowned Russian master Vasily Vasilievich Vereschagin of Russian, Indian and Balkan scenes brought the well above-expectations combined total of £3.7 / $5.7 million (pre-sale estimate for the group: £1.2-1.9/$1.9-3.1 million). The top-selling lot of this group also set a new auction record for the artist.

Headlining the evening auction and this component of the sale was Vasily Vasilievich Vereschagin’s oil on canvas The Taj Mahal, Evening, which is one of the most important works to have resulted from Vereschagin’s trip to India from 1874 to 1876. This museum quality painting witnessed intense competition for several minutes from no fewer than four clients in the saleroom and on the telephone banks. Setting a new record for the artist at auction, the work finally sold to a round of applause for £2,281,250 ($3,749,919) to an anonymous buyer on the telephone.

Headlining the evening auction and this component of the sale was Vasily Vasilievich Vereschagins oil on canvas The Taj Mahal Evening 580x388 Sothebys in London Sells a Group of Paintings by Vereschagin for $5.7 Million
Headlining the evening auction and this component of the sale was Vasily Vasilievich Vereschagin’s oil on canvas The Taj Mahal, Evening

Commenting on the sale of this remarkable offering, Jo Vickery, Senior Director and Head of the Russian Art Department , said: “It has been a huge privilege to bring to the market such a number of highly desirable and quality works by this renowned Russian Master, Vereschagin. The international competition for these works in this evening’s sale is enduring testament to this artist’s output and the quality of the works on offer, which saw huge interest pre-sale. We are also thrilled to have set a new record for the artist at auction with the £2.2 million price achieved for his The Taj Mahal, Evening.”

The second highest price of the group was paid for Vereschagin’s oil on canvas On Campaign realised 481,250 ($791,079) against an estimate of £400,000-600,000 and the artist’s oil on canvas The Chief Mosque in Futtehpore Sikri, far surpassed pre-sale expectations of £80,000-120,000, bringing £373,250 ($613,548).

Related posts:

  1. Lee Man Fong’s Bali Life Sells for US$3.24 Million at Sotheby’s
  2. London Art Auctions Target the Former Soviet Union’s Growing Middle Classes
  3. Sotheby’s Week of Russian Art Sales Totals $31.9 Million
  4. Roman Imperial Marble Torso of an Emperor Sells for $7.4 million at Sotheby’s
  5. Sotheby’s New York and London November Sales of Russian Art Realise $30.4 Million

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

 
Visitor TrackingData Recovery Softwaredata recovery software