Monday, January 30, 2006

News - Mystery Sales at Sotheby's - New York

This is the stuff that dreams are made from, the stuff that makes the art world so exciting! It was reported over the weekend, by the New York Time's Carol Vogel, that an enigmatic collector spent some $4.27 million at Sotheby’s, purchasing a much sought after Rembrandt. ‘Study of an Elderly Woman in a White Cap’ is thought to have been painted some time around 1640 and was sourced from the collection of Howard Walsh Jr. of Fort Worth, USA. The work was originally expected to sell for between $3-4 million; however, bidding was fierce, not to mention impressive, with bidders from MOMA and the likes. Spending for the mysterious buyer didn’t stop there, as they went on to splurge a further $1.87 million on a Jan Steen and Gerrit Dou. Of course, all this is a likely small picking to Las Vegas’ head honcho, Steve Wynn, who paid a phenomenal $11.3 million for a Rembrandt at Sotheby’s in London several years ago. But still, not to be sniffed at…

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