Art seller enjoys £20k early Christmas

paulfrasercollectibles

2015-06-26 11:42:57

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Art seller enjoys 20k early Christmas

Yuletide has come early at Bonhams, with a baby Jesus painting selling for 10-times its estimate

Bonhams held an old master auction in Knightsbridge, London on Wednesday (October 28). Most of the lots were by artists inspiredor schooled by the great masters,with worksestimated at around2,000-3,000.

However, as the recent discovery of a formerly-unkown Leonardo da Vinci artwork demonstrated, these 'low-key' auctions can be the kind of places where surprise gems emerge.

Anda couple of bidders believe that's exactly what they've found in an 18th century Spanish Nativity scene. Listed with a lower estimate of just 2,000,the paintingwas finally won for the princely sum of 20,000.

18th century Spanish Nativity scene18th century Spanish Nativity scene (20k)

The piece was the most successful sale in a healthy auction, with several lots pressing past their expected sale prices.

A garden banquet scene in the style of the 17th century Dutch painter Dirk Haarls doubled its 5,000-7,000 estimate to sell for 11,040, while a portrait of a morose man in a bright red hat influenced by 15th century German Hans Memlingmore thantripled its lower 4,000 valuation, selling for 13,200.

The top performer, behind the Nativity scene, was another religious painting: that of a repentant Mary Magdalene, leafing through a text resting against a skull.

It is listed as being the work of a follower of Domnikos Theotokpoulos (nicknamed simply El Greco - the Greek) and trounced its estimate of 4,000-6,000 to go under the hammer for 14,400.

The sale continues to indicate that the art market is picking up again after slowing in the recession, as recent sales -for example at Christie's- have indicated.

Picture credit: Bonhams

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