Sweden

Estonian artist Konrad Mägi’s painting “Rome” sold for €302,000 at the Swedish auction house, Bukowskis – a new record for Estonian art.

Mägi’s “Rome” was on the auction for an estimated price of €35,000, but its hammer price exceeded the estimate for almost ten times. The painting had once belonged to Aleksander Varma – a former prime minister of the Estonian government in exile.

Another of Mägi’s painting, untitled, was also sold – for €238,000. According to Bukowskis, both works were probably made during the early 1920s.