Topic:

sales

sales

Rembrandt Portrait, Once Sold for Mere $1 M., Reappears on Market for $47 M.

A late-era Rembrandt painting with a troubled past is on the market again—this time for $47 million, and The Nation reports. This figure represents a big a step up from the painting’s last sale price in 2009, when Las Vegas casino owner Steven Wynn (of Picasso-puncturing notoriety) bought the work, Portrait of a Man with Arms Akimbo, from Christie’s for a bargain $33 million with buyer’s premium, just above the work’s $29.5 million low estimate. (Though it was a steal given the estimate, which was $41.1 million on the top end, the sale still set a Rembrandt record.) Read More