Two El Greco masterpieces each valued at $7.7m by Sotheby's

paulfrasercollectibles

2015-06-26 13:19:39

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Two El Greco masterpieces each valued at $7.7m by Sotheby's

Two masterpieces by El Greco will sell in the same auction for the first time in living memory

Two masterpieces by El Greco (1541-1614)will auction in the same sale for the first time in living memory on July 3,at Sotheby'sLondon.

El Greco Saint DominicA painting created after El Greco's Saint Dominic in Prayer sold with a 900% increase on estimate at Bonhams

The two masterworks will make their auction debuts more than 400 years after they were created, with each valued at 3m-5m ($4.6m-7.7m).

Saint Dominic in Prayer is one of El Greco's finest depictions of a saint. Showing the peaceful saint against transcendental surroundings, the piece reflects the dualism between heaven and earth - a concept that preoccupied much of El Greco's career.

There are only four known versions of this composition, with the remaining three embedded in institutional collections in Spain and the US.

An anonymous work, created after El Greco's Saint Dominic in Prayer, sold with a 900% increase on estimate in January.

El Greco Christ on the CrossA smaller version of Christ on the Cross holds the record for El Greco's work

Christ on the Cross is the latest of the three surviving large-scale versions of this monumental composition.

The original source for the figure of Christ almost certainly stems from a drawing by Michelangelo, which is now housed in the British Museum.

The record for El Greco's work at auction was achieved by a reduced autograph version of Christ on the Cross at Sotheby's in 2000 at 3.8m ($5.8m).

In December 2012, a newly discovered work by El Greco realised a 1,219% increase on estimate to sell for 791,650 ($1.3m).

These strong sale results demonstrate the momentum behind the market for El Greco, with Sotheby's auction expected to boost his popularity even further.

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