Rediscovered Canova Could Fetch $10.5 Million at Auction – RisePEI
A rediscovered Nineteenth-century marble sculpture depicting Mary Magdalene in repose reattributed final yr to Italian grasp Antonio Canova shall be offered at public sale this summer season. Maddalena Giacente (Recumbent Magdalene) is heading to the block at Christie’s the place it will likely be supplied throughout an antiquities sale in London this July. There, it’s anticipated to fetch a value between £5 million–£8 million ($6.5 million to $10.5 million). The public sale is poised to set a brand new report for the Italian sculptor, whose present milestone value is $5.1 million, set throughout a Christie’s Paris sale in 2017.
The nameless sellers are based mostly within the U.Okay. They bought the work at a Sussex public sale greater than 20 years in the past for £5,200 ($7,540) in 2002. On the time of the sale, they deliberate to deal with it in a residential backyard, based on Christie’s. Additional analysis on the piece revealed it was initially commissioned by the British noble Robert Jenkinson throughout his tenure because the nation’s prime minister within the early Nineteenth century. Students consider Canova created the piece between 1819 and 1822.
The piece handed by means of the arms of a number of homeowners after Jenkinson, ultimately dropping any recorded hyperlinks to Canova. It offered at Christie’s in 1852 the place it was consigned by a Jenkinson member of the family who inherited it. From the Nineteen Twenties up till the late Nineteen Fifties, it was transferred consecutively between 4 personal consumers, all of whom have been based mostly in England.
The sculpture will go on view at Christie’s London this weekend, earlier than touring to the public sale home’s exhibition areas in New York and Hong Kong between April and Could, forward of its sale on July 7.
