18 Jul 2007

Painting Estimated at £500 Sells For £205,000

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oil on relined canvas, 90cms x 66cms, (36″ x 26″)

The Telegraph reports that a portrait recently auctioned on July 10th by Gildings, described as an “18th Century Continental School, Half-length portrait of Aesthete” and estimated to sell for £300-500 wound up selling for £205,000 (plus 12 1/2 % buyer’s premium, for a total (before VAT) of £230,625).

At least two bidders were of the opinion that the portrait was by Titian.

catalogue listing

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