A Madonna and child drawing by Renaissance master Albrecht Durer bought at an estate sale for $30 may actually be worth millions of dollars
, the sketch—likely a preparatory work for a circa 1506 painting—is the first “totally unknown” drawing by the artist to resurface since the 1970s.reports that “Clifford Schorer, a key Agnews shareholder and the person who made the discovery, believes that the drawing ‘could fetch a record price’ for a work on paper by an Old Master.” Theadds that “The current record is held by Raphael, whose Head of a Muse sold for $48m at Christie’s London in 2009.
Two experts have come to the conclusion that the drawing is an authentic Durer. Christof Metzger, head curator at the Albertina Museum in Vienna and a leading authority on the artist,writes, has even included it in his forthcomingThen there is Giulia Bartrum, a former curator of German Prints and Drawings at the British Museum, who also is of the same mind.
Calling his work “innovative, his output prolific, and his legacy immortal,” the Agnews booklet says “Princes and emperors were among his patrons, and he engaged in discussions with scholars and artists from all over Europe.
The seller finally was connected to Boston-based collector Clifford Schorer, who is also a shareholder at Agnews. Schorer and Agnews worked on having the work authenticated by getting experts’ opinions.writes that “a paper restorer, for instance, confirmed the age of the material [linen paper], and located Durer’s signature Trident and Ring watermark.”
The seller and Agnews found out further details about the artwork in the meanwhile. An architect living outside of Boston had inherited the piece “as a family heirloom, and it was likely purchased in Paris by his grandfather in 1919,”has found out from a spokesperson for Agnews that the gallery has a “standard consignment agreement” with the owner of the drawing, and will be “compensated for the three to four years of research” required to authenticate it.
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