Russian Art

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S otheby’s leads the global market for Fabergé, Imperial and Revolutionary Art, offering an unparalleled platform for exceptional Russian works of art. Building on more than two decades of category leadership, our dedicated sales showcase the full spectrum of Russian artistic production—from rare Fabergé objects and Imperial treasures to important works from the Revolutionary period. Supported by the most experienced team in the field, Sotheby’s continues to navigate a complex global landscape with confidence, maintaining dedicated auctions and delivering unmatched visibility for consignors and collectors worldwide.

Our recent results underscore this strength. Sotheby’s continues to achieve outstanding prices for Russian works of art and paintings, highlighted by the landmark sale of the Collection of Fabergé and Vertu from Castle Howard, which achieved a 100% sell‑through rate and realized more than three times its pre‑sale estimate. With deep expertise, global reach and trusted relationships with top collectors, Sotheby’s remains the premier destination for buying and selling Fabergé, Imperial and Revolutionary Art today.

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2024-2025 Russian Paintings and Works of Art

Sotheby’s is the auction house of choice for Russian Art, consistently achieving strong results across categories and attracting buyers from all over the world. Over the past two years, we have maintained our position as market leaders by continuing to offer our sellers effective platforms for selling select works of Russian art across our locations globally.

In this time, Sotheby's has sold the greatest number of Russian works of art in excess of £100,000, including property from an important Private British Collection in 2024 which was led by a large Nicholas I porcelain vase which sold for £216,000. Further highlights from the last year include a large imperial presentation silver-gilt and enamel kovsh, which achieved £132,000, over five times its estimate; and three imperial portraits by Zinaida Evgenievna Serebriakova which together sold for £624,000 against a combined sale estimate of £130,000 to £190,000.

In 2025, Sotheby's was honoured to offer the Collection of Fabergé and Vertu from Castle Howard, one of the most significant groups of Fabergé animals in private hands. The collection sold for over 2 million Swiss Francs, exceeding its pre-sale estimate almost three times over. Highlights from this collection include an impressive Fabergé jewelled obsidian model of a rhinoceros which sold for 279,4000 CHF and a rare Fabergé jewelled bloodstone model of an anteater which sold for 254,000 CHF.

Russian paintings have also performed strongly in the first half of 2025. The top result for the year belongs to Ivan Konstantinovich Aivazovsky’s 'Ship at Anchor in Calm Waters’, which sold for £1,064,800, over double its high estimate. Further impressive results include Sergei Arsenievich Vinogradov’s ‘Blue Lake’ which sold for $177,800 against an estimate of $30,000, as well as Konstantin Alexeevich Korovin’s ‘Roses in a Vase’ which sold for £165,100 against an estimate of £120,000. Additionally, an exceptional Byzantine, probably Constantinople, early 14th century icon of the Hodegetria Mother of God sold for £825,500 against an estimate of £160,000.


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