8 June 2016 Russian Art and Photography Auctions

8 June 2016

Artist Index / Full Catalogue

The Collapse of a Bank

102. MAKOVSKY, VLADIMIR (1846-1920)

The Collapse of a Bank, signed and dated 1881.

Pencil, sanguine, watercolour and charcoal on paper, laid on cardboard, 25 by 18 cm (image size).
5,000-7,000 GBP

Authenticity of the work has been confirmed by the expert V. Petrov.

The present lot is a study for the 1881 painting The Collapse of a Bank, presently in the collection of the State Tretyakov Gallery.

Notes on symbols:
* Indicates 5% Import Duty Charge applies.
Ω Indicates 20% Import Duty Charge applies.
§ Indicates Artist's Resale Right applies.
† Indicates Standard VAT scheme applies, and the rate of 20% VAT will be charged on both hammer price and premium.