$20,000 Painting Actually a $200 Million Leonardo da Vinci
References: entertainment.timesonline & dailymail
A painting bought by a Swiss art collector for £10,000 ($20,000) has now been confirmed to be a previously unknown Leonardo da Vinci artwork. This now pushes the painting’s value to an astronomical £100 million ($200 million) or more.
The anonymous collector bought the painting thought to be the work of a German artist in New York back in 1998 simply because he liked it. It spent the last 10 years unframed, in a drawer in his house. It was only when he showed it to his friend, Peter Silverman, a Canadian art collector, who at once thought it might be a da Vinci and set in motion an investigation.
Experts at France’s Lumière Technology used scanning technology to analyse the brush strokes and confirmed the painter’s identity. Further tests will include dating the parchment and drawing materials.
Other art experts who have examined the painting agreed based on the sitter’s period hairstyle and the left-handed painting style. It was likely commissioned by a female aristocrat to show off her charms to potential suitors.
The owner has since transferred the painting to a safe as he wishes to avoid equally astronomical insurance!
The anonymous collector bought the painting thought to be the work of a German artist in New York back in 1998 simply because he liked it. It spent the last 10 years unframed, in a drawer in his house. It was only when he showed it to his friend, Peter Silverman, a Canadian art collector, who at once thought it might be a da Vinci and set in motion an investigation.
Experts at France’s Lumière Technology used scanning technology to analyse the brush strokes and confirmed the painter’s identity. Further tests will include dating the parchment and drawing materials.
Other art experts who have examined the painting agreed based on the sitter’s period hairstyle and the left-handed painting style. It was likely commissioned by a female aristocrat to show off her charms to potential suitors.
The owner has since transferred the painting to a safe as he wishes to avoid equally astronomical insurance!
Trend Themes
1. Art Authentication - Utilizing advanced scanning technology to analyze brush strokes and authenticate artworks.
2. Hidden Masterpieces - Uncovering previously unknown artworks by famous artists through careful investigation and analysis.
3. Art Investment - Discovering valuable artworks at affordable prices and witnessing their exponential increase in value over time.
Industry Implications
1. Art Authentication Services - Providing expertise and technologies to help individuals and institutions authenticate artworks.
2. Art Discovery Agencies - Specializing in finding hidden artworks and connecting them with potential collectors and buyers.
3. Art Investment Advisory - Offering guidance and strategies for investing in art, identifying undervalued pieces with potential for significant returns.
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