Daily Telegraph 27/11/2007

Colin Gleadell rounds up the latest developments in the art market


* Russian art and antiques worth up to 100 million are going under the hammer in London this week.

In the fine art category, a challenge to Sotheby's, Christie's and Bonhams has been mounted by MacDougall's, the specialist Russian art auctioneers based in St James's run by husband-and-wife team William and Catherine MacDougall.

They have put together two sales of 450 lots of 19th-century, modern and contemporary Russian art which could bring up to 14 million at their sales on Thursday and Friday. MacDougall's holds only two series of sales a year, but already they are in the top 10 auctioneers in the UK measured by turnover.

This week's sales could see them rise through the rankings.