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Edition: U.S. Article Comments (0) Email Print Reprints Read China issues warning ahead of U.S.-South Korea drills | 9:50am EST North Korean leader and son visited artillery site: reports | 25 Nov 2010 Anger grows in South Korea over handling of North attack 9:49am EST Analysis: Thinking the unthinkable -- a euro zone breakup 25 Nov 2010 Teenage boys survive 50 days adrift in South Pacific 4:07am EST Discussed 197 Obama’s Democrats in disarray over expiring tax cuts 99 Obama’s 2012 re-election prospects uncertain: poll 53 North Korea shells South Korean island Watched Bejeweled bra exposed in NY Thu, Oct 21 2010 Row over vote orgasm video Fri, Nov 19 2010 High tech shopping with apps Wed, Nov 24 2010 Analyst Research Report Title Price Trading Report for (BID). A detailed report, including free correlated market analysis, and updates. Provider: Stock Traders Daily $18.0 Buy BID: Risk/Reward Rating: Full Report: Cash Truth Behind the Reported Earnings Provider: New Constructs, LLC $25.0 Buy SOTHEBYS HOLDINGS INC (BID=US) - REPORT FOR ACTIVE TRADERS Provider: Pechala's Reports $25.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. show business Paula Abdul promotes new Web venture The former "American Idol" judge has launched AuditionBooth, an online platform she co-founded to connect aspiring talents with casting directors, producers and managers. Full Article Ashton Kutcher funds Fashism Auction houses eye Russian recovery ahead of sales Tweet This Share on LinkedIn Share on Facebook By Mike Collett-White LONDON (Reuters) - Rich Russians return to London next week for a series of art sales which auctioneers hope will prove the once-booming market is on a path to growth. Estimates suggest expectations are for solid gains on last... Related News Mixed reviews for Shakespeare theatre overhaul Wed, Nov 24 2010 Versace's return stolen painting to original owners Mon, Nov 22 2010 Pink diamond record price shows market strength Wed, Nov 17 2010 Pink diamond record price shows market strength Tue, Nov 16 2010 UPDATE 2-Pink 'champagne' diamond fetches record $46 million Tue, Nov 16 2010 Analysis & Opinion Lies and auction hammer prices Related Topics Lifestyle » Zagat Power Lunches » Russia » Fashion » Entertainment » Arts » Stocks By Mike Collett-White LONDON | Fri Nov 26, 2010 7:46am EST LONDON (Reuters) - Rich Russians return to London next week for a series of art sales which auctioneers hope will prove the once-booming market is on a path to growth. Estimates suggest expectations are for solid gains on last year, although they are likely to prove far less spectacular than the astronomic prices being paid by Chinese buyers for Chinese art in recent sales ranging from London to Hong Kong. "You've got to look at consignment," said Jo Vickery, head of the Russian art department at Sotheby's in London, when asked why the upcoming sales look set to fall short of results from two to four years ago. "There is less art work on offer at the moment than there was two years ago, but I think that is changing," she told Reuters. "A lot more people (sellers) are coming in now for next year and there is a sense there will be more art on offer. "Stability has brought people back, and prices are holding." Sotheby's expects to raise more than 12 million pounds ($19 million), less than last year's corresponding total of 19.4 million pounds, although that included a single-owner auction worth more than seven million pounds. The auction house also just held a Russian sale in New York which fetched $14.4 million, meaning overall it is looking for slight growth. "We're feeling quietly positive," Vickery said. "We've had a stable last few years and there is a growing sense of optimism in the market." MACDOUGALL'S MUSCLES IN Specialist Russian art auction house MacDougall's expects to sell art worth over 17 million pounds, nearly double its winter 2009 tally of 9.4 million. It boasts the "top lot" of the London week, with Ivan Shishkin's painting "View of Valaam Island, Kukko" estimated to be worth 900,000-1.2 million pounds. "We've put together a very good collection -- we have very important top lots including Shishkin, Aivazovsky, Repin and Goncharova, and so we're reaching into the 20th century," said director Catherine MacDougall. Christie's, forecasting sales of 13.4-19.5 million pounds up from 8.9 million in the corresponding auctions last year, has two paintings estimated at 800,000-1.2 million pounds. One is Petr Konchalovsky's "Versailles. L'Allee" and the other Konstantin Korovin's "A lady in white seated in a garden." The star lot at Sotheby's is expected to be Alexander Yakovlev's "The Kuli-Kuta Dance, Niamey" dated 1926, worth an estimated 800,000-1.0 million pounds. 1 2 Next Lifestyle Zagat Power Lunches Russia Fashion Entertainment Arts Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. 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