CANALETTO PAINTING SELLS FOR $680,000
An unidentified American bidding by telephone Wednesday paid a record $680,000 for a Canaletto painting that had hung unrecognized in a house in Scotland, Sotheby’s auctioneers said.
The painting is the original of one in the royal collection at Windsor Castle. The original was thought lost until a Glasgow representative of Sotheby’s noticed the painting while inspecting furniture due to be sold by an estate.
The painting was sent to the London-based auction house where it was identified as a work by the 18th-Century Venetian artist.
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