A laughing young man turns out to be a serious Old Master

We’d like to share with you another amazing story from the world of fine art. It goes like this: The portrait of the laughing young man – which had been in the family for over 100 years – was brought to a local auction house for sale after being rejected by a major London auction house.

Auctioneers Moore, Allen and Innocent, of Cirencester, listed the small 24 x 17 cm oil on copper painting as “follower of Rembrandt”, and gave it a modest estimate of £ 1,500.

At the auction however, there were two parties present believing the work was a true Rembrandt, and they were prepared and cashed up to go all the way. The battle ended at a cool £ 2,2 million, making this one of the most successful over estimate sales ever. Not surprisingly, it also produced a record sale for the auction house and the highest price for a painting sold outside London.

The leading expert on the Dutch Old Master, Ernst van de Wetering, has just released his detailed analysis and it authenticates the work as an original Rembrandt. He says: ‘Brush stroke, contour, materials and the monogram all point to the master’s hand.’

This wonderful report catapults the value of this small treasure into the region of £ 15 million – and the new owner no doubt will be laughing too now.

If you had been the previous owner, where would you have gone to sell a painting like this? Of course, you would have contacted your independent art broker.

Written by

Brigitte Banziger

Hello, my name is Brigitte Banziger and I am an art consultant and manager at Banziger Hulme Fine Art Consultants, Australia's art valuation and art advice experts. We offer comprehensive art valuation and art brokerage services (selling and buying art on behalf of clients). Our art services cover everything from valuations, art care and restoration, to general advice such as helping define the goals for your art purchase and work out the best strategy on how to achieve those goals, including where, how and and when to buy.

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