Jun 20, 2008

Not Seen Since 1948

We’ve been covering this trend for a while now: oil-rich Russians are buying up the world’s art like it is going out of style.

Now it seems that the cash-strapped Berkshire Museum in Massachusetts is more than happy to take their money. As Bloomberg reports, Sotheby's New York will auction three paintings by Boris Grigoriev (''Pipe Players'' pictured) for 73,629 barrels of oil, or $10.3 million.

The paintings have not been seen in public since 1948.

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