Monday, February 1, 2021

Sotheby's Auctions Botticelli 'Young Man' Painting for $92.2 Million

By Katya Kazakina
Botticelli’s “Portrait of a Young Man Holding a Roundel” (circa 1480), is believed to show a Medici family member. It also has a small, gold-ground tondo inserted into the painting.Credit...via Sotheby’s
A small painting by Sandro Botticelli fetched $92.2 million at auction at Sotheby’s on Thursday, in the art market’s first big test of the new year. It also represented a windfall for the foundation of the billionaire Sheldon Solow, who had bought it for about $1.3 million in 1982. His long fingers are gripping a round, gold-ground painting of a saint, attributed to the 14th-century Sienese painter Bartolomeo Bulgarini, which is inserted into the Botticelli canvas, according to Sotheby’s. [More