Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Titian Estimated at Fraction Salvator Mundi; 500 Years Ago It Was the Other Way Around

January 22, 2018 by Marion Maneker

Sotheby’s is selling a work by Titian once owned by King Charles I just as the Royal Academy is opening a reconstruction of executed monarch’s art collection. The religious picture, one of two versions with the other hanging in the Prado, is estimated at $2-3m and will sell in New York on February 1st:

Cromwell’s government wanted to both raise money for the state and pay off Charles’s debts as quickly as possible, selling an estimated 1,500 paintings and 500 sculptures.

One person owed money – £903 for various palace repairs – was John Embry, the royal plumber. A deal was offered whereby the state would give him £403 in cash and the rest could be made up with pictures. He chose 24, including the Titian, then called Margrett Afraid of a Monster, and valued at £100.

Bendor Grosvenor points out that the £100 valuation made the Titian more valuable than Leonardo’s Salvator Mundi from the same collection that had a £30 price tag at the time.

Titian painting given to Charles I’s plumber goes up for sale (The Guardian)

More from Art Market Monitor

  • Sotheby’s Expects a ‘Great Deal of Excitement’ for Long Lost CanovaSotheby’s Expects a ‘Great Deal of Excitement’ for Long Lost Canova
  • Sotheby’s Evening Old Masters = $27.2mSotheby’s Evening Old Masters = $27.2m
  • Sotheby’s Declares Another Old Master FakeSotheby’s Declares Another Old Master Fake
  • London Old Master Sales = £37mLondon Old Master Sales = £37m
  • Sotheby’s London Old Master Evening = £68.3m ($117m)Sotheby’s London Old Master Evening = £68.3m ($117m)
  • Sotheby’s Paris = €8.1m ($11.1m)Sotheby’s Paris = €8.1m ($11.1m)

Filed Under: General Tagged With: Old Master, Sotheby's, Titian

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...