Source Pravda.Ru

Painting by Russian artist sold for $23 million

Christie's auction was held in New York yesterday, where buyers were offered the paintings by famous impressionists and modernists. The painting by Russian painter, one of the founders of abstractionism, Wassily Kandinsky, was sold for a record amount for this artist - $23 million.

The top lot at Christie's - the painting by French impressionist Claude Monet "Water Lilies" - was sold for 43.7 million dollars. It did not come as a surprise for anyone, since experts said prior to the auction that the painting could fetch 30-50 million. Another masterpiece of the painter - "Fishing Boats, Calm Sea" - was sold for just $ 2 million.

Another leader of the auction was the painting titled "Studie fur Improvisation 8" by Kandinsky. The painting was sold for $23 million. Prior to that, Kansinsky's most expensive work was "Fugue", which was sold in 1990 for $20.9 million.

Alberto Giacometti's sculpture "Leg" was sold for $11.3. The sculptures by Pablo Picasso "Rooster," which was expected to fetch $10-15 million, did not raise any interest with buyers.