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Tuesday, December 8, 2009

Artworks By Rembrandt and Raphael Sell For £5oM


The Drawing By Raphael, Head of a Muse, sold for £29.2m, a world record price for any work on paper to go under the hammer, Christie's said.
It was also a world record price for the artist.
The Rembrandt painting, entitled Portrait of a Man, Half-Length, With His Arms Akimbo, fetched £20.2m, a record price for the artist at auction.
Christie's Old Masters and 19th-century art sale on Tuesday night fetched a total of £68,380,250 from 28 lots sold.
The auction house said it was the highest total for an auction of Old Masters.
'Glimpse into genius'
Raphael's Head of a Muse was drawn as a study for a figure in Parnassus, one of the series of four frescoes in the Stanza della Segnatura in the Vatican which was commissioned by Pope Julius II and which was executed between 1508 and 1511.
The drawing, which was offered at public auction for the first time in more than 150 years, had been expected to sell for £12m to £16m.
It was bought by an anonymous client on the telephone.
The previous record price for a work on paper was Danseuse au repos, a pastel by Edgar Degas, which sold in New York in November last year for US dollars 37,042,500.Read Morehttp://news.bbc.co.uk/2/hi/uk_news/england/london/8402949.stm
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