A painting believed to have been created by a teenage Rembrandt sold for a whopping $870,000 at an art auction in Bloomfield on Tuesday.
"Oil on Board, Triple Portrait with Lady Fainting" sold for $870,000 at an auction in Bloomfield on Tuesday. It's believed to have been painted by Rembrandt in 1625. (Nye And Company)A painting believed to have been created by a teenage Rembrandt sold for a whopping $870,000 at an art auction in Bloomfield on Tuesday.
Estimated to have been worth from $500-800, "Oil on Board, Triple Portrait with Lady Fainting" was likely painted in 1625 by a teenaged Rembrandt, according to artnews.net.
It was consigned to to Nye & Company Auctioneers and Appraisers, which bills itself as the New Jersey alternative to New York auction houses.
The oil depicts an older person holding a handkerchief to the nose of a young woman while a concerned man looks on. The 12.5 inch by 10 inch work was purchased by a European bidder by phone.
A British dealer got into a bidding war with the eventual buyer before bowing out, theartnewspaper.com reported. The sellers are a group of New Jersey siblings, the auction house's vice president of bidding services Kathy Nye told NJ Advance Media.
Experts believe the painting is a depiction of "smell" from the Dutchman's series of paintings on the five senses, The Art Newspaper said.
It's described by the auction house as having "paint loss, some restoration to paint and wood cracks."
Jeff Goldman may be reached at jeff_goldman@njadvancemedia.com. Follow him on Twitter @JGoldmanNJ. Find NJ.com on Facebook.
Has a long-lost painting by a teenaged Rembrandt been discovered in New Jersey? http://t.co/C5cC25FvkI pic.twitter.com/x7pj5xUT6s
-- The Art Newspaper (@TheArtNewspaper) September 22, 2015
