Russian art is worth a penny ... almost anecdote

[Евгений]

Artwork by an unknown Russian artist "Three, leaving the farm" sold at auction Christie's (26.11.08) for a record low price - £ 10 ($ 15.40). The original price of paintings was £ 2 thousand ($ 3 thousand), but later fell in more than a hundred times, reports Bloomberg.

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The famous collector of Prince Nikita Lobanov-Rostovsky dramatically raised his hand, when the auctioneer James Bruce-Gardin pointed at the picture and asked: "Did anyone give ten pounds for it?" "That was the deal of the century", - said Rostov. In addition to the announced price of the Prince paid £ 3 as a commission.
"Three, leaving the farm" was one of 117 lots on display at Christie's "Russian auctions" in London. Paintings of Russian artists made up 55%of all lots, put up yesterday, the auction house to bid. Received from the buyers the amount was below the estimate at more than twice.
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