MacDougall?s Sells 10.85 million pounds of russian Art
Published November 30th, 2007
MacDougall’s total presale estimate was 10 million pounds to 14 million pounds. All 454 lots, most of which came from American and European collections, were 19th- and 20th-century paintings, with a large selection of Soviet-era non-conformism. MacDougall’s said 90 percent of the buyers were born in the former Soviet Union, and half are Moscow-based.
“We’ve doubled the 6.5 million pounds sold at our June sale, and confirmed ourselves as the third-largest auction house on the Russian market,'’ said William MacDougall, general director at MacDougall’s, which was founded in 2004. “The Russian art market is a market where a specialty auction house can thrive.'’
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