Paul Allen’s masterpiece collection sells for record-breaking $1.6 billion (£1.34 million) at Christie’s

Paul Allen’s (1953-2018) spectacular collection has achieved an unprecedented $1.6 billion (£1.34 million) over two sales at Christie’s, becoming the most valuable private collection of all time. The first sale alone of 60 works fetched £1.5 billion (£1.26 billion) – the highest total ever recorded at a single auction. Allen’s estate will donate all proceeds from the landmark sales to philanthropic causes.

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Rembrandt sketch long thought to be a copy upgraded to an original

In 1921, Dutch art historian and Rembrandt expert Abraham Bredius purchased an oil sketch of The Raising of the Cross, which he believed to be by Dutch Golden Age artist Rembrandt. The sketch entered the collection of the Bredius Museum in The Hague, but art experts have never taken the attribution to Rembrandt seriously, considering the work to be a mere copy, or a “crude imitation”, of a painting by the Dutch master.

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