Rare Rembrandt self-portrait art auctions online with $50,000 estimate


2015-06-26 12:32:30


Rare Rembrandt self-portrait art auctions online with $50,000 estimate

The Dutch master always generates a buzz when he appears for sale - and this will be no exception

Original works of art by such renowned painters as Jasper Cropsey, Birge Harrison, John White Alexander and others - plus a pair of original etchings by Rembrandt and a rare etching by the Italian master Campagnola - are going up for sale.

They will be sold on Thursday, October 27, by Shannon's Fine Art Auctioneers at their semi-annual fine art auction.

Shannon's only conducts two fine art auctions per year - in April and October - and when they happen, collectors usually take notice.

In its sale held this past April, bidders from 18 countries and 42 states participated, "and the full bank of 20 phones was ringing all evening," reports the auction house.

As with last the sale, a live crowd of about 100 people is expected when bidding begins in the early evening.

"Thanks to some wonderful pieces already consigned, plus a museum collection that we expect to come in, this auction should be very strong," said Gene Shannon of Shannon's Fine Art Auctioneers.

Rembrandt's diminutive self-portrait could bring $30,000-$50,000

"And, typically, we experience a spurt of other great consignments in the three weeks leading up to sale. Overall there will be more than 250 fresh-to-the-market lots to bid on."

Two of the lots carry pre-sale estimates of $100,000-$150,000 and are expected to attract intense bidder interest. The first is a luminist view of the Hudson River by Jasper Cropsey (New York, 1823-1900).

Mr. Cropsey was known for his autumnal landscapes. He is a leading member of the Hudson River School and his work coveted by collectors.

The other is a tea party painting by Martha Walter (1875-1976), who painted in France, Massachusetts and Pennsylvania over the course of her rich and fruitful career.

She was best known for portrait work, beach-child-park paintings and landscapes. A second painting by her - a beach scene - will also come under the gavel. It is expected to command $60,000-$80,000.

Another Jasper Cropsey painting, On the Susquehanna (pictured)brought $120,000, well over its estimate, at Shannon's in 2010

Any time the name Rembrandt comes up at auction, it generates buzz among collectors -and artthieves -and this auction has two works by the Dutch master (1606-1669).

Both are original etchings and one, a diminutive self-portrait, has a pre-sale estimate of $30,000-$50,000.

Another etching, by the Italian master Domenico Campagnola (1484-1550) is exceedingly rare, but has been estimated conservatively, at $20,000-$30,000.

The auction will be held in Shannon's "spacious gallery facility" in Milford, located just off I-95 just south of New Haven in the US. Online and telephone bidding is also available.

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