Stockholm Auktionsverk was Lucky Thanks to the Icons

Ivan Aivazovsky. A Corner of Constantinople from the Sea by Moonlight. 1878. Canvas, oil. Lot was sold at a price of SEK 3 300 000. Stockholm Auktionsverk. The Russian Auction. Stockholm, October 2

Stockholm Auktionsverk auction house held a big Russian bidding that took place on the 2nd and 3rd of October in the capital of Sweden. The unique collection of paintings, graphics and icons as well as miniature plastic arts, jewellery and other works of decorative art was presented to the collectors, most of them Russians. Stockholm Auktionsverk put up for sale 459 lots in total.

More than half of the lots were presented on October 2 during the first auction session which became an absolute failure. According to the results less than 50% of lots were sold and most of the top lots were not passed out while some of them were sold at a price much lower than the estimate.

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