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Important November Russian Art Auction Announced

TrianglesGene Shapiro Auctions has announced an important auction of Russian, European, and Latin American art, to take place on November 5, 2008 in New York. The catalogue for the auction has now been posted online and the printed full colour catalogue is available for purchase.

Gene Shapiro, President of the company, is confident that this sale will attract many buyers, “Due to the success of our last several auctions, we have been very fortunate to get numerous inquiries about consigning with us, especially from private collectors. This has allowed us access to many high quality works, which are fresh to the market. It has also allowed us to be more selective in our offerings. The total estimate of the November auction is approximately $4,000,000 – 6,000,000, and the per-lot average is more than $20,000. Your serious Russian collector will not want to miss this sale.”

Shapiro has also introduced some new works into his sale as well by including a Latin American segment, and several important European works as well. With the art market more global than ever, and buyers branching out from their own national artists, this seems to be a sign of the times. As Shapiro notes, “Certainly the majority of buyers of Russian art are Russian speakers, but these same Russian buyers are sophisticated collectors who also buy Western European art, Asian art, Latin American Art, and so forth. Likewise, it is interesting to see the growing trend of non-Russian speakers buying Russian art, whether it be 19th Century, avant-garde or contemporary, as they become more aware of the importance of these Russian artists in the greater realm of art history.”

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