Wednesday, 3 October 2007

Sketchy sale?

In December, Christie's London will auction a "forgotten" Rubens. The auction house values 'Two studies of a young man' at 8 to 12 million USD, but probably hopes the piece to sell for a lot more. In 2002, Sotheby's estimated 'Massacre of the Innocents' at 8 to 10 million USD. It ended up selling for 76 million USD (still a record for an Old Master) and is now on display in The National Gallery in London. Clearly, this oil sketch is not of the same quality, but "in an art market currently dominated by contemporary art, an old master oil sketch by Peter Paul Rubens can still cause a stir."

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