Rijksmuseum set to acquire €175 million Rembrandt painting

One of the few portraits by Rembrandt left in private hands is likely to be purchased by the Rijksmuseum with assistance from the Dutch government. The total price of the painting is €175 million ($198 million), with the Rembrandt Association contributing €15 million and the Rijksmuseum Fund providing €10 million. The Dutch Government is set to pay the remaining €150 million, although final approvement from parliament is yet to be granted.

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Constable painting up for auction with an estimate of £3-5million after being sold as a copy for £40,000 last year

An oil painting by the English Romantic landscape painter John Constable (1776-1837) sold in an auction in Cincinnati, Ohio, last year as a copy, making £40,000 against a pre-sale estimate of only $1,000-2,000. It has now been authenticated as being a genuine Constable. It will be sold in Sotheby’s Old Master Paintings December sale with an impressive estimate of £3-5 million.

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