BONHAMS OPENS OFFICE IN MOSCOW

Bonhams took a major step this week to providing an even better service to buyers and sellers of Russian art – opening an office in Moscow to further support the Russian Department in London.

Marguerite Strasser, who has worked with Bonhams for some years, will head the Bonhams presence in Moscow. Speaking about the opportunities there she says: ‘I am delighted to be representing Bonhams in Moscow, helping to promote the twice-annual London Russian sales, but also acting as a bridge between the many Russian collectors and Bonhams’ specialist auctions world wide. We hold regular auctions the UK, America and Australia in subjects as diverse as Jewellery, Old Master Paintings and Motor Cars and I hope my presence will make it easier for local buyers to access Bonhams’ international marketplace.”

Margurite will work closely Sophie Hamilton and Cynthia Sparke in Bonhams’ Russian Department in New Bond Street. The combination of a Bonhams presence in London and Moscow (and New York) gives the company a strong position in this fast growing market.

Since its inaugural Russian Sale in November 2005, Bonhams’ Russian department has gone from strength to strength, securing top prices for exceptional pieces. Particular highlights include a world record price of £610,400 for Alexei Alexeevich Harlamoff’s ‘The Little Seamstress’ in 2006, £397,600 for painting by Konstantin Alexeevich Korovin against its estimate of £250,000, and ‘A Beached Ship’ by Ivan Konstantinovich Aivazovsky sold for £173,000. Works of art, too, continue to command high bidding at Bonhams; a Fabergé silver mounted cut-glass centrepiece sold for £128,000 and a small silver and enamel matchbox fetched £45,600.

Bonhams’ forthcoming Russian Sale, which will take place at 101 New Bond Street on 31 May, features a wide range of top lots. Almost a century after it was painted, a work by Ukrainian artist and political rebel Alexander Konstantinovich Bogomazov (1880 – 1930) has emerged new to the market and is set to fetch up to £300,000. Further items include paintings by such other great artists as Korovin, Harlamoff and Goncharova, objets d’art by Fabergé and porcelain from both the Imperial and Soviet eras.

DUBAI – RUSSIA LINK

Bonhams will also connect with the expatriate Russian community which is very well represented in Dubai. Bonhams has recently announced the opening of an office in Dubai in partnership with the Al-Tajir family. To read the press release, please click here. A first Bonhams sale will take place in Dubai this November at a date and venue to be announced.

Bonhams Dubai will be a joint venture with the Al Tajir family. His Excellency, Mohammed Mahdi Al Tajir, was the former United Arab Emirates Ambassador to Great Britain and Western Europe and is currently an advisor to the President of the United Arab Emirates. He is a prominent collector across a wide variety of the arts.

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