Soviet sale of Hermitage paintings National Gallery of Art in Washington, D.C. In the late 1920s, the Soviet government urgently needed foreign currency to finance the rapid industrialization of Russia ordered in the first Five Year Plan. The government had already sold off collections of jewelry, furniture and icons seized from the Russian nobility, wealthy classes, and the church. In February 1928, the State Hermitage Museum in Leningrad, along with the Russian Museum, was ordered to make a list of art works worth at least two million rubles, for export. A special agency called 'Antiquariat' was created under the "Narkompros" (the People's Commisariat of Enlightenment)
Hermitage Museum 1858, occupies the first floor of the Northern Pavilion in the Small Hermitage. It features the 18th-century golden Peacock Clock by James Cox and a collection of mosaics. The floor of the hall is adorned with a 19th-century imitation of an ancient Roman mosaic. Two galleries spanning the west side of the Small Hermitage from the Northern to Southern Pavilion house an exhibition of Western European decorative and applied art from the 12th to 15th century and the fine art of the Low Countries from the 15th and 16th centuries. The rooms on the first floor of the Old Hermitage