| Publication |
2012.
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| Summary/Abstract |
RETURNING LOST VALUABLES OF ART and history is an extremely relevant topic these days. Keeping in mind the enormous losses Russia suffered during the Revolution, Civil War, and the two World Wars, Russia's active presence in the international antique market is an absolute must for preserving and augmenting the nation's cultural potential.
The solicitous attitude toward the country's magnificent past expressed through purchasing works of national art at auctions is promoting Russia's positive image. Russia's presence in the international antique market is not only an indication of the country's prestige; it is also instrumental in raising it. After making a stunning debut in the market in the 1990s, buyers from Russia soon increased their presence at thematic sales to 90%. They were responsible for national art prices skyrocketing all over the world. After this, European auction houses began a new trend by setting up specialized Russian departments or organizing thematic sales. Moreover, in 2004, the MacDougall's auction house, which specializes only in Russian art, was established in London.
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