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Established in 2008

Wednesday, December 7, 2011

No buyer for Goya's Portrait of Don Juan López de Robredo

Last month, the fact that the Spanish authorities didn't meet the price asked by a private collector for Goya's Portrait of Don Juan López de Robredo, Embroiderer to King Carlos IV of Spain, and that little time was given for particulars or private institutions to make an offer, caused controversy when it was announced that the painting would be sold at auction.

Francisco de Goya's painting, a 42 5/8 x 32 3/8 in. (108.3 x 82.3 cm.) oil on canvas depicting a Portrait of Don Juan López de Robredo, Embroiderer to King Carlos IV of Spain, seated, half-length, holding an embroidery design, was auctioned in yesterday's Old Master & British Paintings (Evening Sale) at Christie's London, King Street.
However, the painting with an estimate price of £4,000,000 - £6,000,000($6,248,000 - $9,372,000), did not find a buyer.

Nonetheless, the December 7, Old Master & British Paintings (Evening Sale) saw some new world record prices for artists at auction: " The Battle between Carnival and Lent" by Pieter Brueghel II, £6,873,250 ($10,722,270 / €8,021,083); " Dutch men-o'-war and other shipping in a calm" by Willem van de Velde II, £5,921,250 ($9,237,150 / €6,910,099); "An old man at a casement" by Govaert Flinck, £2,337,250 ($3,646,110 / €2,727,571); "The Holy Family" by Francesco Zaganelli da Cotignola, £1,015,650 ($1,584,414€ /1,185,264); "Portrait of a gentleman, possibly Richard Salwey, half-length, in a fur-trimmed red coat and a turban, leaning on a plinth" by Andrea Soldi, £825,250 ($1,287,390 / €963,067). The prices include buyer's premium.
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