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17th-Century Portrait Found in Maine Attic Sells for $1.41 Million
A 17th-century portrait discovered in a Maine attic sold for $1.41 million, far exceeding its estimated value of $10,000 to $15,000. The painting, attributed to Rembrandt, sparked a bidding war.
Confidence: 90%Sentiment: NeutralHigh Priority
What Happened?
A 17th-century portrait discovered in a Maine attic sold for $1.41 million, far exceeding its estimated value of $10,000 to $15,000. The painting, attributed to Rembrandt, sparked a bidding war.
AI Quick Summary
A 17th-century portrait found in a Maine attic sold for $1.41 million, far exceeding its estimated value.
Key points
- A 17th-century portrait was found in a Maine attic.
- It sold for $1.41 million, exceeding the estimate of $10,000 to $15,000.
- The painting is believed to be by Rembrandt.
- It attracted nine bidders before being secured by a European collector.
- The portrait had been in a farmhouse in Camden, Maine, for decades.
- A label on the frame linked it to a 1970 exhibition at the Philadelphia Museum of Art.
Key insights
- The high sale price indicates a growing interest in previously undervalued artworks.
- The painting's attribution to Rembrandt could significantly increase its value.
- This discovery may encourage more people to seek appraisals for old artworks.
Why it matters
This discovery highlights the potential hidden value in overlooked artworks.
Tags
Entities
Rembrandt van Rijn· PersonThomaston Place Auction Galleries· OrganizationPhiladelphia Museum of Art· OrganizationMaine· StateCamden· City
Source
Times of India
