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)
Egyptian Collection of the Hermitage Museum Alexei Norov from Theban Necropolis of the Eleventh dynasty of Egypt in the 1830s, was moved from the Imperial Academy of Arts to the Hermitage. Some items were purchased for the museum from antiquities traders in Egypt and collections of Russian merchants or received as gifts. In 1862 the collection expanded significantly, as the Castiglione collection, which was purchased by the Imperial Academy of Sciences from Carlo Ottavio Castiglione in Milan in 1826 and consisted of more than 900 items, core of the Egyptian museum of the Kunstkamera, was transferred to the Hermitage. However, there were no Egyptologists in Russia