‘Neopolitan Gulf’, an inspirational painting by Russian-Armenian marine artist Hovhannes (Ivan) Ayvazovsky (1817-1900), was sold for $2.89 million at Sothbey’s, RIA Novosti reports, citing the auction house.
The canvas, dating from 1879, was originally estimated at £800,000-£1.2 million, a twofold lower value compared to the final auction price.
The auction featured also paintings by Konstantin Makovsky, Alexei Savrasov, Nicholas Roerich, Pyotr Konchalovsky, Alexander Gerasimov, etc., securing proceeds worth £5.6 million.
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