Rare Lenin print sold for over $200,000


Moscow, Mar 21 (IANS/RIA Novosti): The Christie's auction house said Wednesday it had sold Andy Warhol's limited edition print of Vladimir Lenin, the father of the 1917 Bolshevik revolution, for over $202,000.

According to The Times, the print was previously owned by self-exiled Russian businessman Boris Berezovsky.

The paper said, citing "sources familiar with the oligarch's affairs", that the artwork was auctioned "to pay off creditors and legal bills".

The portrait, dated 1987 and headlined "Red Lenin", was sold well above its pre-sale estimate of $45,000 - $75,500. It was described by Christie's as a "screen print in colours", which is "in excellent condition".

In August 2012, Berezovsky lost a legal battle against Chelsea FC owner Roman Abramovich. The 65-year-old tycoon sought about $4.7 billion in damages, accusing his former business partner of intimidating him into selling shares in Russian oil giant Sibneft below their true value.

In July 2011, Berezovsky's ex-wife, 53-year-old Galina Besharova, won a divorce settlement which the British media described as the English legal system's largest ever divorce payout, rumoured to be worth up to 220 million British pounds (over $330 million).

  

Top Stories


Leave a Comment

Title: Rare Lenin print sold for over $200,000



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.