Two Russians fighting over a painting make a Dutch woman rich

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Auction house Christie’s in London has sold ‘Still Life With Fruit’ by Russian avant-garde artist Ilya Mashkov for an unexpected € 5.5 million euro, a painting owned by an unnamed Dutch woman who bought it for a few thousand guilders back in 1976. In 1913 the painting was adorning Amsterdam’s Stedelijk Museum as part of an exhibition that also featured Kandinsky and Mondrian.

It is a world record price for the artist, the value of which appears to have been driven up by a bidding war between two Russians. The previous owner bought the work 35 years ago from a Dutch art dealer. She was persuaded to put it up for sale by a Christie’s expert who had valued it for insurance purposes a decade ago and believed the time was right to cash in.

(Link: amsterdamherald.com, Image: Ilya Mashkov by Boris Grigoriev)

1 Comment »

  1. […] money to buy art is outside the old continent it seems. Dutch people who discovered Russian or Chinese art works in their attic suddenly found themselves quite a bit richer. But also Dutch […]

    Pingback by 24 oranges » Looking back at 2013 — December 31, 2013 @ 10:43 am

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