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dicembre 06, 2018 - Sotheby

RARE MASTERPIECE BY REMBRANDT Soars to £9.5m ($12.1m)

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International Collectors vie for Works by Dutch and Flemish Artists.

This evening’s Old Master Evening sale at Sotheby’s London totalled £30.2 million / $38.5 million with an exceptional sell-through rate of 86% - the highest ever achieved by Sotheby’s in this category. The evening undoubtedly belonged to Dutch and Flemish art, with the sale led by a rare oil sketch by Rembrandt van Rijn which fetched £9.5 million.

The sale in numbers
• Participants from 22 countries with strong bidding from new and traditional markets, particularly UK
• 86% of lots sold – highest sell-through rate achieved in the category across both London and New York sales • 45% of lots achieved prices above top estimates
• 4 auction records achieved for The Master of the Aachen Altar, The Master of Saint Veronica, Jacob Isaacksz. van Ruisdael (record in sterling) and Erasmus Quellinus the Younger.
• Fresh-to-the-market works: almost half of the lots offered this year had not appeared on the market for over 30 years.

Top lots sold tonight
• Rare oil sketch by Rembrandt realised £9,480,800 ($12,080,435), over its estimate (lot 18, est. £6 – 8 million). Appearing on the market for the first time in 60 years, the touching portrait of Christ until recently hung in the artist’s house in Amsterdam. In preparation for display in the seminal exhibition “Rembrandt and the Face of Jesus” at the Louvre, Paris in 2011, the painting underwent extensive cleaning and conservation during which two fingerprints were found, presumably those of the artist himself.
• Royal portraits of King Charles I’s two eldest children by Sir Anthony van Dyck, among the last works painted by the artist, made £2,620,000 ($3,338,404) and £790,000 ($1,006,618) respectively (lots 29 and 30, est. £2-3m and £600,000-800,000). Depicting the eleven year-old Prince of Wales (later King Charles II), and his nine year-old sister Mary (the mother of the future king, William III), the works were painted on the eve of the English Civil War and provide a penetrating likeness of the royal children at a time when their world, and the Stuart monarchy, was on the brink of collapse.

Strong performance for Dutch and Flemish art Half of the works in the sale were by Dutch and Flemish artists 90% of them sold for a combined a total of £24,685,550 / $31,454,326, well above estimate (est. £16.8 -23.7m)

Further information in the press release to download