{"id":56743,"date":"2025-07-02T14:16:02","date_gmt":"2025-07-02T18:16:02","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=56743"},"modified":"2025-07-02T14:16:02","modified_gmt":"2025-07-02T18:16:02","slug":"classics-week-christies-old-masters-evening-sale","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2025\/07\/classics-week-christies-old-masters-evening-sale\/","title":{"rendered":"Classics Week: Christie&#8217;s Old Masters Evening Sale"},"content":{"rendered":"<div id=\"attachment_56744\" style=\"width: 272px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49.webp\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-56744\" class=\"wp-image-56744 \" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49-300x186.webp\" alt=\"A cityscape painting of Venice in the 1700s.\" width=\"262\" height=\"162\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49-300x186.webp 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49-1024x635.webp 1024w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49-768x476.webp 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49-1536x953.webp 1536w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49.webp 1654w\" sizes=\"(max-width: 262px) 100vw, 262px\" \/><\/a><p id=\"caption-attachment-56744\" class=\"wp-caption-text\"><em>The Return of the Bucintoro on Ascension Day<\/em> by Canaletto<\/p><\/div>\n<p><span data-preserver-spaces=\"true\">On Tuesday, July 1st, the major London auction houses started their Classics Week with the Old Masters evening sale at Christie\u2019s. Industry publications have been discussing the sale for months, particularly due to an eighteenth-century Venetian cityscape by the acclaimed Italian painter Giovanni Antonio Canal, popularly known as Canaletto.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Canaletto\u2019s work is incredibly popular at auction, with some of the larger examples fetching millions. The work offered at Christie\u2019s was estimated to sell for around \u00a320 million. The reason for the exorbitant price is not only due to the artist and the subject (<\/span><em><span data-preserver-spaces=\"true\">The Return of the Bucintoro on Ascension Day<\/span><\/em><span data-preserver-spaces=\"true\">) but also the provenance. The painting\u2019s first recorded owner was Sir Robert Walpole, a prominent Whig Party politician who served as the United Kingdom\u2019s First Lord of the Treasury. His influence over policy and the leadership of his party have led historians to refer to him as the country\u2019s first Prime Minister. <\/span><span data-preserver-spaces=\"true\">The painting was most likely created<\/span><span data-preserver-spaces=\"true\"> sometime in the 1730s, but it would not come into the Prime Minister\u2019s possession until the 1750s when he displayed it at his residence at 10 Downing Street. The painting remained in the family\u2019s collection until 1930, which Christie\u2019s attributes as one of the reasons why the work is in such good condition. The house specialists say that this is the artist\u2019s earliest known representation of this particular subject. The Bucintoro was the barge used by the Doge, the elected leader of the Republic of Venice chosen from among the city\u2019s powerful mercantile families. Every year on the Feast of the Ascension, celebrated exactly thirty-nine days after Easter, the Doge would sail on the Bucintoro out of the Venetian Lagoon and into the Adriatic Sea. There, he would perform a ceremony called the <\/span><em><span data-preserver-spaces=\"true\">sposalizio del mare<\/span><\/em><span data-preserver-spaces=\"true\">, or the marriage of the sea, throwing a gold ring into the water to symbolize Venice\u2019s connection to, reliance on, and dominance over the ocean. The Doge would perform the ceremony every year until 1798. The city revived the ceremony in 1965, which is<\/span> <span data-preserver-spaces=\"true\">now conducted annually by the mayor. The example offered at Christie\u2019s on Tuesday is, according to the house specialists, \u201ca supreme example of Canaletto\u2019s early maturity.\u201d The painting ended up surpassing the expectations of Christie\u2019s experts, climbing above its estimate and hammering at \u00a327.5 million \/ $37.8 million (or \u00a331.9 million \/ $43.9 million w\/p). With that price, it greatly superseded <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/sothebys-com.brightspotcdn.com\/ef\/cc\/c2eaa14548d59e7be215ee112465\/l22036-58kq5-02-new-frame-t1.jpg\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">the Grand Canal cityscape sold at Sotheby\u2019s in 2005<\/span><\/a><span data-preserver-spaces=\"true\"> for \u00a318.6 million w\/p, making it the most expensive work by the artist ever sold at auction.<\/span><\/p>\n<div id=\"attachment_56745\" style=\"width: 335px\" class=\"wp-caption alignright\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Rediscovered-still-life-Jan-Davidsz-De-Heem-v_main-scaled.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-56745\" class=\"wp-image-56745 \" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Rediscovered-still-life-Jan-Davidsz-De-Heem-v_main-300x169.jpg\" alt=\"A still life painting of a table with food on it.\" width=\"325\" height=\"183\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Rediscovered-still-life-Jan-Davidsz-De-Heem-v_main-300x169.jpg 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Rediscovered-still-life-Jan-Davidsz-De-Heem-v_main-1024x576.jpg 1024w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Rediscovered-still-life-Jan-Davidsz-De-Heem-v_main-768x432.jpg 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Rediscovered-still-life-Jan-Davidsz-De-Heem-v_main-1536x864.jpg 1536w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Rediscovered-still-life-Jan-Davidsz-De-Heem-v_main-2048x1152.jpg 2048w\" sizes=\"(max-width: 325px) 100vw, 325px\" \/><\/a><p id=\"caption-attachment-56745\" class=\"wp-caption-text\"><em>A pie on a pewter plate, a partially peeled lemon, etc.<\/em> by Jan Davidsz. de Heem<\/p><\/div>\n<p><span data-preserver-spaces=\"true\">There were several multimillion-dollar lots available at Christie\u2019s that day. Far behind the Canaletto but still in second place was a 1649 still-life painting by the Dutch Golden Age artist Jan Davidsz. de Heem. In contrast to other examples of still-life paintings from the period, De Heem presents an incredibly vibrant work, showcasing a sumptuous feast laid out on a table. While backgrounds in this period are often <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/collectionapi.metmuseum.org\/api\/collection\/v1\/iiif\/436636\/795903\/main-image\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">just gray or beige walls<\/span><\/a><span data-preserver-spaces=\"true\">, the artist gives us a more luxurious work by adding curtains in the background and drapes blanketing the table. Among the objects depicted are pewter and silver cups and pitchers, a blue and white Chinese porcelain bowl, oysters and nuts, lobsters, shrimp, and crayfish, a basket of fruit, and a partially eaten pie with its contents exposed to the viewer. Considering the vibrant colors and excellent condition, Christie\u2019s specialists assigned an estimate range of \u00a33 million to \u00a35 million. The enthusiasm for the painting was rather lackluster, garnering a few bids to bring it up to the minimum estimate before the auctioneer, Henry Pettifer, brought the hammer down at \u00a33 million \/ $4.1 million (or \u00a33.67 million \/ $5 million w\/p). This price made the painting the fourth most-expensive painting by Jan de Heem to ever sell at <\/span><span data-preserver-spaces=\"true\">auction,<\/span><span data-preserver-spaces=\"true\"> and the second most expensive from just this year, with <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/sothebys-md.brightspotcdn.com\/dims4\/default\/27df410\/2147483647\/strip\/true\/crop\/1517x2000+0+0\/resize\/4096x5400!\/quality\/90\/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2Fwebnative%2Fimages%2F6d%2Fe4%2F1fa493fc4cc39a39e5e6fcfd2d10%2Fn11714-42n4r-t1-02-a.jpg\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">a magnificent floral still-life<\/span><\/a><span data-preserver-spaces=\"true\"> selling at Sotheby\u2019s New York this past May for $8.8 million w\/p as part of the Saunders Collection.<\/span><\/p>\n<div id=\"attachment_56746\" style=\"width: 213px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-scaled.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-56746\" class=\"wp-image-56746\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-239x300.jpg\" alt=\"A portrait of a seated man wearing black.\" width=\"203\" height=\"254\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-239x300.jpg 239w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-817x1024.jpg 817w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-768x962.jpg 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-1226x1536.jpg 1226w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-1635x2048.jpg 1635w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/2025_CKS_23859_0031_000tiziano_vecellio_called_titian_portrait_of_a_nobleman_seated_before_a072502-scaled.jpg 2043w\" sizes=\"(max-width: 203px) 100vw, 203px\" \/><\/a><p id=\"caption-attachment-56746\" class=\"wp-caption-text\"><em>Portrait of a Nobleman<\/em> by Titian<\/p><\/div>\n<p><span data-preserver-spaces=\"true\">And finally, later on in the sale was Titian\u2019s <\/span><em><span data-preserver-spaces=\"true\">Portrait of a Nobleman<\/span><\/em><span data-preserver-spaces=\"true\">, which <\/span><span data-preserver-spaces=\"true\">was only rediscovered<\/span><span data-preserver-spaces=\"true\"> after its appearance at auction in 1976. The painting\u2019s subject has not yet <\/span><span data-preserver-spaces=\"true\">been identified<\/span><span data-preserver-spaces=\"true\">, but the ship seen out on the open ocean through the background window may indicate that the sitter comes from a wealthy background involved in trade or commerce. The subject also wears a ring and holds a kerchief in his left hand, which some specialists interpret as a sign of mourning for a wife or other romantic interest. <\/span><span data-preserver-spaces=\"true\">The dating of the painting is still <\/span><span data-preserver-spaces=\"true\">up for<\/span><span data-preserver-spaces=\"true\"> debate, but many scholars have <\/span><span data-preserver-spaces=\"true\">given a broad guess to<\/span><span data-preserver-spaces=\"true\"> the 1540s or 1550s.<\/span><span data-preserver-spaces=\"true\"> Despite the quality and the authorship, interest in the Titian was not as strong as expected. <\/span><span data-preserver-spaces=\"true\">With the same <\/span><span data-preserver-spaces=\"true\">estimate<\/span><span data-preserver-spaces=\"true\"> range as the De Heem, the Titian portrait sold for \u00a32.8 million \/ $3.8 million (or \u00a33.4 million \/ $4.7 million <\/span><span data-preserver-spaces=\"true\">w\/p<\/span><span data-preserver-spaces=\"true\">).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the end, the sale did exceptionally well, with seventeen of the thirty-nine available lots selling within their estimates, giving Christie use a 44% accuracy rate. An additional eleven lots (28%) sold below, while six lots (15%) sold above. With five lots unsold, the auction itself achieved a sell-through rate of 87%. Normally, with Old Masters sales, even the major auction houses are lucky if the final price meets the minimum total estimate. On Tuesday evening, however, the sale achieved a total hammer amount of \u00a346.2 million (or $63.5 million), slightly short of the \u00a347.98 million high estimate. Even if the Canaletto had sold at its initial estimate of \u00a320 million, the auction as a whole would have still reached its total estimate range.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, July 1st, the major London auction houses started their Classics Week with the Old Masters evening sale at Christie\u2019s. Industry publications have been discussing the sale for months, particularly due to an eighteenth-century Venetian cityscape by the acclaimed &hellip; <a href=\"https:\/\/rehs.com\/eng\/2025\/07\/classics-week-christies-old-masters-evening-sale\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":6,"featured_media":56744,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1168,850,524,345,612,773,1047,207,134,20,708,416,816,815,15,611,58,9,138,619,108],"class_list":["post-56743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","tag-16th-century-art","tag-16th-century-italian-art","tag-17th-century","tag-17th-century-art","tag-17th-century-dutch","tag-18th-century-art","tag-18th-century-italian-art","tag-auction-news","tag-auction-records","tag-auction-results","tag-canaletto","tag-christies","tag-city-scene","tag-cityscape","tag-comments-on-the-art-market","tag-dutch-golden-age","tag-old-masters","tag-rehs-galleries-news","tag-still-life","tag-titian","tag-venice"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Classics Week: Christie&#039;s Old Masters Evening Sale - Rehs Galleries<\/title>\n<meta name=\"description\" content=\"London Classics Week started with the Christie&#039;s Old Masters evening sale, featuring a magnificent 18th-century Venetian cityscape by Canaletto.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2025\/07\/classics-week-christies-old-masters-evening-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Classics Week: Christie&#039;s Old Masters Evening Sale\" \/>\n<meta property=\"og:description\" content=\"London Classics Week started with the Christie&#039;s Old Masters evening sale, featuring a magnificent 18th-century Venetian cityscape by Canaletto.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2025\/07\/classics-week-christies-old-masters-evening-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-02T18:16:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-02-at-12.44.49.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1654\" \/>\n\t<meta property=\"og:image:height\" content=\"1026\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Nathan Scheer\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Scheer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2025\\\/07\\\/classics-week-christies-old-masters-evening-sale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2025\\\/07\\\/classics-week-christies-old-masters-evening-sale\\\/\"},\"author\":{\"name\":\"Nathan Scheer\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/person\\\/1d33fd182b28afdad8fc3548ffe6bdc4\"},\"headline\":\"Classics Week: Christie&#8217;s Old Masters Evening Sale\",\"datePublished\":\"2025-07-02T18:16:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2025\\\/07\\\/classics-week-christies-old-masters-evening-sale\\\/\"},\"wordCount\":998,\"publisher\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2025\\\/07\\\/classics-week-christies-old-masters-evening-sale\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/Screenshot-2025-07-02-at-12.44.49.webp\",\"keywords\":[\"16th Century Art\",\"16th Century Italian Art\",\"17th century\",\"17th Century Art\",\"17th Century Dutch\",\"18th Century Art\",\"18th Century Italian Art\",\"Auction News\",\"Auction Records\",\"Auction Results\",\"Canaletto\",\"christie's\",\"city scene\",\"Cityscape\",\"Comments on the Art Market\",\"Dutch Golden Age\",\"Old Masters\",\"Rehs Galleries - Art World News\",\"still life\",\"Titian\",\"Venice\"],\"articleSection\":[\"Rehs 19th &amp; 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