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Rembrandt world record expected at Christie's

A new world record for a Rembrandt is expected to be set next week, when this 1658 painting could sell for up to £25 million.

Portrait of a Man, painted by the Flemish Old Master during a period of personal crisis, went on display at Christie's on Friday ahead of next Tuesday's sale. It is the first time it has been exhibited since 1970.

The current record for a Rembrandt, for a picture of an old woman simply called Portrait of a Lady, is £19.8 million. It sold at Christie's in December 2000 against a pre-sale estimate of just £4-6 million.

By contrast, Christie's experts have estimated Portrait of a Man at £18-25 million. While the sale price is unlikely to be quadruple the estimate this time, auctions of sought-after works have routinely broken estimates in recent months.
Read entire article at Telegraph (UK)