Art Investment

At the December auction put Raphael drawing 10-15 million pounds

RAFAEL
Raphael the heads of young apostle 1519-1520
Cardboard, black chalk, charcoal
Sotheby's. 5.12.2012
Estimate: 10-15 million pounds
Source: bloomberg.com

at the auction of Old Masters, which will take place in the London office of Sotheby's Dec. 5, 2012, there will be works from the collection of Peregrine Cavendish (Peregrine Cavendish), the 12th Duke of Devonshire. This, in particular, the figure of Rafael "The head of a young apostle" and two Flemish illuminated manuscripts XV century. It is reported by Bloomberg, citing a press release the auction house.

offered to collectors for 10-15 million pounds is a preparatory drawing by Raphael sketch to the magnificent late canvases "Transformation" from the collection of the Vatican picture gallery. The family of the Dukes of Devonshire owns this picture Raphael for 300 years, it was purchased in the XVIII century, the second Duke of Devonshire, William Cavendish (William Cavendish). But even with the grown fond art have to leave if you have to maintain a digestible state about 300 buildings in your family estate. The proceeds will go to benefit the family castle of the Dukes of Devonshire Chatsworth in Derbyshire.

In December 2009, the auction of Old Masters Christie's another picture of Raphael "Head of the Muses" was bought for 29.2 million pounds (47.6 million dollars). This is a world auction record for graphic works. Estimate of work amounted to 12-16 million pounds. The proud owner of "Head of the Muses", according to some, was a famous American collector Leon Black (Leon Black).

Besides the picture by Raphael in the December auction of Old Masters also will be two rare illuminated manuscripts. The first manuscript titled "The Mystery of retaliation" was created in 1468 to Philip the Good, duke of Burgundy. The document, which includes 20 big pictures, estimated at 4-6 million pounds. A romance "Feats sire Gilles de Trazeni in the Holy Land" had belonged to the French king Francis I. At Sotheby's manuscript will be offered for 3-5 million pounds. The total estimate of works by old masters auction Sotheby's is more than 40 million pounds.

Prepared Maria Onuchina, AI

Sources : artinvestment.ru


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