SOTHEBY’S EXHIBITS CONTEMPORARY ART AT AUCTION IN NEW YORK IN THE NEW LUXURIOUS EUROPEAN CAPITAL


Written by Elena Lanzanova May 6 2008

Article translated by Amritee Mahabir

As we all know, the Russian art market doesn’t play a secondary role in the international economic scene. In recent years, it has been proven that new Russian millionaires have become one of the most interesting targets within the new market. New buyers invest huge capital into contemporary artworks, but also for masterpieces bound to national history of art.

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