Aivazovsky painting sold at Prague auction for almost $1 million

Ivan Aivazovsky’s paining “Storm” was sold for 15 million korunas  (about $ 705 thousand) at Prague auction, the Arthouse Hejtmanek gallery’s representative Jana Bryndova, told reporters.

The painting, dated 1898, came up for auction from one of Prague’s private art collections. Its starting value was 11 million korunas (about $ 517 thousand), said Jana, adding that the final price, along with interest charges was 18.6 million korunas  (about $ 874 thousand). The buyer was a collector from Russia, said Jana, TASS reported.

According to her, 15 paintings by Ivan Aivazovsky were auctioned this year. „Two thirds of paintings found new owners,” the expert said.