New fair in London to focus on Russian collectors – FT

ART FAIRS RUSSIAN

Another event is joining the already busy fair calendar, this time focusing on Russian art. The Russian Art Fair is planned to be held on June 6-9, at the same time as the Russian auctions, in the Jumeirah Carlton Tower hotel in London. The city is often dubbed “Londongrad” because of the number of Russian residents, including, of course, billionaire Roman Abramovich. But fair organiser Peter London says his event will target another group, the average Russian millionaire, who has been priced out of the upper end of the art market”. Prices at his fair, says London, will not be much above £50,000 and the 45 exhibitors will bring silver, Fabergé and jewellery as well as paintings.

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