Tiziano Vecellio, Called Titian

Portrait of Gabriele Giolito de' Ferrari (c. 1508-1578), three-quarter-length

Found at Christies, New York
Old Masters, Lot 30
27.Apr - 27.Apr.2017
Estimate: 600.000 - 800.000 USD
Price realised: 547.500 USD
signed, dated and inscribed 'GABRIEL. SOLITVS. DE. / FERRARIIS. ANNO. DNI. 1554. / TITIANUS. FECIT.' (upper right)
oil on canvas
45 ½ x 37 1/8 in. (115.6 x 94.3 cm.)
The Right Reverend Thomas Turton, the Lord Bishop of Ely (1780-1864); (†), Christie's, London, 14 April 1864, lot 124 (8 gns. to Smith). | Dr. Robert Goldstein, Zurich, by 1959; his sale, Galerie Jürg Stuker, Bern, 4 December 1965, lot 1798. | Private collection, Château de Gingins, Switzerland; Hôtel de Ventes, Geneva, 27 April 2013, lot 215, as ‘Follower of Titian’, where acquired by the present owner.

Auction result misses estimated price range

When the work Portrait of Gabriele Giolito de' Ferrari (c. 1508-1578), three-quarter-length by Tiziano Vecellio was auctioned at Christies in New York in April 2017, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 600,000.00 – 800,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 547,500.00 (€ 502,524.09). Of course, this price has nothing to do with the top prices that other works by Tiziano Vecellio achieve. The highest price we have observed so far was reached by the work A Sacra Conversazione: The Madonna And Child With Saints Luke And Catherine Of Alexandria in January 2011 with an auction result of USD 16,882,500.00 (€ 12,309,515.13).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Portrait of Gabriele Giolito de' Ferrari (c. 1508-1578), three-quarter-length von Tiziano Vecellio im April 2017 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 600.000,00 – 800.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 547.500,00 (€ 502.524,09) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Tiziano Vecellio erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit A Sacra Conversazione: The Madonna And Child With Saints Luke And Catherine Of Alexandria im Januar 2011 mit einem Auktionsergebnis von USD 16.882.500,00 (€ 12.309.515,13).

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