Artists / MacDougall’s
As it held its first auction in November 2004, the firm is relatively young. However, with most of the staff speaking Russian, with leading art experts based in Russia, and given the founders’ experience as Russian Art collectors, it has been able to exploit this specialist niche and grow quickly.
Two seasons of Russian Art Sales in London - June and December - dominate the world market for Russian Art, with specialised sales at Sotheby’s, Christie’s, MacDougall’s and Bonham’s. In 2008 MacDougall’s reached second place behind Sotheby’s, while in December 2009, it outsold all three competitors in Russian paintings.
In June 2010, MacDougall’s sold 900,000 pounds worth of icons, the largest icon sale of the year, and held its inaugural auction of Russian Works on Paper, the world’s first specialist sale in this sector, raising over 1.5m pounds.