Art Investment

At TEFAF sold 7 million painting by Lucas Cranach the Elder

According ARTINFO.com, at the fair TEFAF, which opened March 12 in Maastricht, the painting was sold by Lucas Cranach the Elder "David and the Queen of Sheba. The work, dated 1534, was exhibited at the booth gallery Bernheimer-Colnaghi. The buyer was a European collector. The exact amount of the transaction were not reported, but it is known that for now asked about 5,3 million euros (7.3 million). According to rumors, yet this is the most expensive work of art purchased at TEFAF this year.

The current auction record for a work of the German masters of 4.8 million pounds (8.6 million). So much brought "Portrait of the Elector of Saxony Johann Solid" (1509), which appeared in the London Christie's in July 1990.

TEFAF will last until March 21. More information about the fair can be found here and forum ARTinvestment.RU .

article prepared by Julia Maksimova, AI

Sources: artinfo.com , artinvestment.ru


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