Slow London auctions suggest Russian art frenzy is over (AFP)

Posted by admin on November 29, 2008 under News | Be the First to Comment

Slow London auctions suggest Russian art frenzy is over (AFP)

A painting entitled 'The Varangians on the Dnieper' by Russian artist Ivan Konstantinovich Aivazovsky on display at Sotheby's auction house in London in 2006. A disappointing week of Russian art sales here appears to have marked the end of a frenzied buying spree by collectors from the former Soviet Union, whose fortunes have diminished with the stock markets.(AFP/File/Shaun Curry)AFP – A disappointing week of Russian art sales here appears to have marked the end of a frenzied buying spree by collectors from the former Soviet Union, whose fortunes have diminished with the stock markets.


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