A previously unknown painting by Aivazovsky will be auctioned for $800,000.
A landscape called "Yalta Bay" will be auctioned in New York as part of the sale of part of the collection of the private gallery in New York in Old Russia.
According to Sotheby's auction house, the painting belongs to the late Crimean landscapes of the artist. The canvas, about a meter wide, retains the signature and the date on the reverse side, but does not have a stretcher. The lot is estimated at 600-800 thousand dollars.
The work was taken out of Russia before the 1917 revolution or shortly after it. In the 1920s it was in a private collection in Norway, and then stored in the gallery's warehouse in Old Russia for several decades.