Georgy Putnikov

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Russian Art Sales May Reap $51 Million in London as Prices Rise

May 30th, 2006

Three London auction houses are offering 19th- and 20th-century Russian art worth as much as $51 million this week, a month after New York sales broke records.
The sales of paintings, sculptures, icons, porcelain, arms and Faberge works open today at MacDougall Arts Ltd. with an auction the company estimates may fetch 5 million pounds ($9.4 [...]