On 3 November 2008 a work by Malevich entitled `` Suprematist Composition '' from 1916 set the world record for any Russian work of art and any work sold at auction for that year , selling at Sotheby 's in New York City for just over US$ 60 million ( surpassing his previous record of US$ 17 million set in 2000 ) .
On 3 November 2008 a work by Malevich entitled `` Suprematist Composition '' from 1916 set the world record for any Russian work of art and any work sold at auction for that year . It sold at Sotheby 's in New York City for just over $ 60 million U.S. ( far surpassing his previous record of $ 17 million set in 2000 ) .