ArtCult - Les nouvelles du marché de l'art.-THE SALE OF THE SOMOV COLLECTION-MARKET

Important Russian Pictures including the Somov Collection

CHRISTIE'S

London – Wednesday, 28 November2007

Sale no: 7537 / 7440 – Top Ten

[Allsold prices include buyer's premium]

Sold:	£25,831,925	$53,213,766	€35,983,872
Lots Sold:	Lots Offered:	Sold by Lot: 80%	Sold by £: 93%
Exchange Rate£:= $ 2.060 / € 1.393

Lot	Description	Estimate (£)	Purchase Price	Buyer
379	Iurii Pavlovich Annenkov (1889-1974), Portrait of Aleksandr Nikolaevich Tikhonov, 1922 WORLD RECORD PRICE FOR THE ARTIST AT AUCTION	900,000 -1,200,000	£2,260,500 $4,656,630 €3,148,877	Anonymous
246	Konstantin Andreevich Somov (1869-1939) The romantic pursuit, 1935	200,000 - 300,000	£1,588,500 $3,272,310 €2,212,781	Anonymous
275	Aleksei Petrovich Bogoliubov (1824-1896), Moscow. View of the Cathedral of Christ the Saviour from the Kremlin, 1878 WORLD RECORD PRICE FOR THE ARTIST AT AUCTION	600,000 - 800,000	£1,588,500 $3,272,310 €2,212,781	Anonymous
316	Isaak Il'ich Levitan (1860-1900) The Illumination of the Kremlin WORLD RECORD PRICE FOR THE ARTIST AT AUCTION	300,000 - 400,000	£1,588,500 $3,272,310 €2,212,781	Anonymous
349	Natal'ia Sergeevna Goncharova (1881-1962), Lilacs in a vase, 1905	700,000 - 900,000	£1,588,500 $3,272,310 €2,212,781	Anonymous
363	Boris Dmitrievich Grigor'ev (1886-1939) The Harlot of Marseilles, 1923 WORLD RECORD PRICE FOR THE ARTIST AT AUCTION	600,000 - 800,000	£1,308,500 $2,695,510 €1,822,741	Anonymous
236	Konstantin Andreevich Somov (1869-1939) The stroller's rest, 1939	300,000 - 500,000	£972,500 $2,003,350 €1,354,693	Russian Trade
240	Konstantin Andreevich Somov (1869-1939) The boxer, 1933	80,000 - 120,000	£580,500 $1,195,830 €808,637	Anonymous
318	Isaak Il'ich Levitan (1860-1900) High water	200,000 - 300,000	£558,100 $1,149,686 €777,433	Anonymous
258	Konstantin Andreevich Somov (1869-1939), A summer's evening in the countryside, 1939	30,000 - 50,000	£524,500 $1,080,470 €730,629	Russian Trade

Alexis de Tiesenhausen, International Head of Russian Art: . This sale paid great tribute to the expertise and efforts of the many people at Christie's who are involved with Russian Art Week. The afternoon's auction of Important Russian Pictures including the Somov Collection took place in a busy saleroom and saw spirited and competitive bidding, particularly for works of exceptional quality which are fresh to the market. More than 20 artist records were broken, including those for Bogoliubov, Levitan, Grigor'ev and Annenkov, whose Portrait of Aleksandr Nikolaevich Tikhonov attracted significant international interest and sold for over £2.26 million, doubling its pre-sale estimate. The Somov Collection, which presented some of the last works by the artist to remain in private hands, best represents the appetite of international collectors for market-fresh works; the Collection was 100% sold and realised £6,318,900 / $13,016,934, more than three times the pre-sale estimate. We look forward to the concluding auctions of Russian Art Week which take place on Thursday and Friday.

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