The "Summer Day. Noon" by Kandinsky for 90 million rubles

The Moscow Auction House will hold auctions on October 18, where Kandinsky's painting "Summer Day. Noon", as well as over 300 other lots with a total value of 1.5 billion rubles. This was announced on October 12 by the press service of the organization.

It is specified that the early landscape of one of the founders of abstractionism will become the central lot with an estimate of 90 million rubles and will be put up for the first time at an open auction in Russia.

"Vasily Kandinsky is considered the most expensive Russian artist at world auctions," said collector, art historian and founder of the Moscow Auction House Sergey Podstanitsky in an interview with TASS.

According to him, the combined value of 40 works by the artist at Sotheby's and Christie's exceeded $591 million. The rarity of Kandinsky's works on the open market, as the expert explained, supports their high value, and interest in them is shown not only by Russian but also by foreign collectors.

In addition to the works of Kandinsky, the catalog includes works by Ilya Repin, Nicholas Roerich, Peter Konchalovsky, Konstantin Yuon, Konstantin Korovin, Mikhail Nesterov, Alexander Benois, Vasily Polenov and other representatives of Russian art. The total value of all the lots presented is 1.5 billion rubles, which the organizers consider to be one of the most notable events of the current art season.

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According to auction data from August 1, Kandinsky's works were the leaders in the total value of the most expensive works created by Russian craftsmen and sold at international auctions by Sotheby's and Christie's. Approximately, his work alone cost the buyer more than $5 million.