Bidders compete for rare Russian badge
Published: 13 June, 2008, 05:25
A unnamed Russian man has paid about $US 5.5 million for a diamond set badge of the Order of Saint Andrew at Sotheby's in London.
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Fine art seems to be holding its value despite the financial crisis. A painting by a Russian avant-garde artist is expected to fetch as much as $US 60 million when it goes under the hammer in New York next week.
Four of London’s most prestigious auction houses are holding a week of Russian art sales. They’re trying to sell more than $113 million worth of paintings, Faberge items, Orthodox icons, silver and porcelain. It’s the first major test for the Russian art
Published: 13 June, 2008, 05:25
A unnamed Russian man has paid about $US 5.5 million for a diamond set badge of the Order of Saint Andrew at Sotheby's in London.