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Russian Art Sales At Christie's Yield Over $19 Million

NEW YORK, April 19 (RIA Novosti) - The sale of Russian art objects at Christie's Wednesday yielded a total of $19.2 million, a spokesperson for the auction house said Thursday.

Kate Swan described the auction of Russian paintings and works of art as very successful and said Vasily Vereshchagin's "Solomon's Wall," a painting of Jerusalem's Wailing Wall, was the top seller.

Painted in 1885 in Paris and estimated at between $3 million and $5 million, the picture went for $3.6 million to an unnamed Russian collector. The painting was first acquired by a wealthy American businessman and senator, George Hearst.

The second most expensive lot was a Faberge dwarf statue, which went for $1.4 million to an anonymous collector.

"Grand Canyon, Arizona" (1921) by Nikolai Roerich, most famous for his depictions of the Himalaya Mountains, was estimated at about $400,000 and was also bought by a Russian, as was his "Sanctuaries and Citadels" (1925), depicting a Buddhist monastery in northern India, for about the same price.


Tri-S Security's Unit Gets Approval For NATO International ...

(RTTNews) - Tri-S Security Corp. (TRIS | charts | news | PowerRating) on Friday said its wholly-owned subsidiary, Paragon Systems, Inc., received approval from the U.S. Department of Commerce for NATO International Competitive Bidding.

Commenting on the approval, president of Paragon, Leslie Kaciban, said, "To receive this approval to bid on providing security services at NATO facilities across Europe is a testament to Paragon's track record of outstanding service to the federal government. We are very excited about this opportunity to expand our services at federal facilities outside the United States."

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New High-Tech Online Auction Site Specializes in Rare and ...

After more than a year in development, VAMquest.com is now up and running as an Internet auction site for VAM collectors. Each month a new VAM auction, featuring a wide array of rare TOP 100, HOT 50 and TOP 50 Morgan and Peace dollar varieties will be available for viewing at www.VAMquest.com. Auctions will then close on the 15th of the same month at 8 pm PST. Michael Oxman, President of VAMquest Auctions, said recently, At VAMquest, our plan is to focus on the ultra popular varieties in top-of-the-line grades. The fact is that we'll be more than a little disappointed if we don't offer at least a few VAMs each month that collectors have spent a lifetime trying to find! VAMquest is currently auctioning an 1878-P 8-TF VAM 14-15 in AU50 condition, as well as the ultra-rare 1903-S Micro S VAM 2, also in AU50.


Wells shutting down race team after seven years

Unable to compete in the current climate that is Nextel Cup racing, Cal Wells III has apparently decided to liquidate his operation. Sentman Auctions of Indiana, which specializes in racing auctions, will be auctioning off the assets of the No. 32 team beginning Wednesday at the shop in Hickory, N.C.

The machine shop equipment is scheduled to placed up for bid on the first day, to be followed by the fabrication shop items on Thursday and then main race shop and office equipment. Also on the block: a 2001 American Eagle motorcoach and fifth-wheel trailer.

"Theres everything here from nuts to bolts to race cars to trailers," said Charlie Sentman, a former racer who has been auctioning off racing equipment for over 45 years. "Theres a real nice motorhome.

"If you dont have a complete race team, you can complete it here, I guarantee you."

The auction flyer lists eight complete cars -- one superspeedway, four intermediate and three short-track versions -- plus a pair of show cars and a pit practice car.



 

 

 

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