This coming week will be an interesting indicator as there are three major sales of Russian fine and deecorative arts scheduled. They include Sotheby's London, November 24-26, Christie's London 24-27, and Bonhams in London on the 24th.The sales include all manner of Russian fine and decorative arts, including Faberge items, Imperial porcelains, and military swords. The sales should be another indicator of the economy, and how wealthy Russians collectors have been impacted by the fall in commodity prices. The question for the Russian collectors is where to put their money, in more traditional investments or perhaps invest in art. Many believe it is a good time for Russian collectors to enhance and improve their collections and these sales have some excellent opportunities for collectors.
I will post results as they become available next week on the AW Blog. Stay tuned.
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