(1)
Masters Week in New York is the art market s first major event of the year 2021. Sotheby s evening session on 28 January will be offering masterpieces by Botticelli (estimated $80 million), Rembrandt ($20-30 million), Hugo Van der Goes ($3-5 million) and Guido Reni ($1.2 - 1.8 million).
By coincidence, another painting by Guido Reni (
Cleopatra) will be offered the same day in Toulouse under Marc Labarbe s hammer and under the watchful eye of Eric Turquin. The latter s team of experts conducted the examination and appraisal of the
Cleopatra and have estimated the work between $95,000 and $145,000. However the quality of the painting could well raise the price and it seems likely that the upside will be just as potent in Toulouse as it would be in New York.