‘Ivan the Terrible and His Son’ wasn’t insured because Russian legislation doesn’t require it," she said. "Insurance policies are needed only for the paintings taken to other countries for ...

The painting shows the last minutes ... Khodarkovsky tells How Stuff Works. Despite his well-known nickname, Ivan did not take on the “terrible” moniker during his lifetime.

In the same year, the czar also killed his son, Ivan, in a fit of rage. When Ivan the Terrible died in 1584, Russia was left in a state of almost total political and economic ruin. Sign up now to ...