Rare Botticelli portrait sells for $92 million at NY auction

Reuters
Rare Botticelli portrait sells for $92 million at NY auction

A worker at Sotheby's Auctions poses with Sandro Botticelli's "Young Man Holding a Roundel" during a preview. The painting sold on Thursday, Jan. 28, 2021, for $92.2 million, a world record for any work by an Italian artist, in the Manhattan borough of New York City, New York, U.S., January 22, 2021.

File photo by Carlo Allegri/Reuters

The Renaissance artist's 'Young Man Holding a Roundel' is one of only around a dozen of his portraits known to survive today

A rare Botticelli portrait sold for $92 million at auction at Sotheby’s in New York on Thursday, January 28.

The Renaissance artist’s Young Man Holding a Roundel is one of only around a dozen of his portraits known to survive today. Sandro Botticelli’s large-scale Birth of Venus and Primavera paintings are displayed in Florence’s Uffizi Gallery.

The $92.18 million price at the auction, conducted by bidders on the phone and online, included a buyer’s premium. The identity of the buyer was not immediately known.

The 15th-century work, which has also been known as Young Man Holding a Medallion, had been expected to sell for more than $80 million. Sotheby’s said it was one of the most significant portraits of any period ever to appear at auction.

“There are a number of artists that … are Olympian really in their genius. And Botticelli is one of those,” Christopher Apostle, director of Old Masters paintings at the auction house, said ahead of Thursday’s auction.

Sotheby’s said Young Man Holding a Roundel was acquired by its previous, unidentified owner at an auction in 1982 in the United Kingdom.

It shows an unknown young man, likely a member of Florence’s elite in the late 15th century, dressed in a simple tunic with a blue sky behind him and holding a roundel, or medallion. – Rappler.com

Add a comment

There are no comments yet. Add your comment to start the conversation.