Spain has hastily imposed an export ban on a little-known painting, following claims that it could be a forgotten Caravaggio (1571-1610). It was due to be sold at auction in Madrid for a starting price of €1,500 (£1,300), but if it is indeed by the Italian master it could fetch up to €150 million (£130 million).

A controversial painting, supposedly by Caravaggio (1571-1610), has been purchased by a mystery buyer just two days before it was due to be sold at auction. “Judith and Holofernes” was sold for an unknown price, although it was expected to fetch at least US$110 million (£86.5 million). Continue reading →

New evidence has emerged, which suggests a missing Nativity masterpiece by Caravaggio could soon be returning to Sicily. Theories abound as to the disappearance of ‘Nativity With Saints Lawrence and Francis’ (1609) from the Oratory of San Lorenzo in Palermo in 1969. The latest version of the story was announced by Rosy Bindi, president of Italy’s parliamentary Antimafia Commission earlier this year. According to investigators, testimony from a member of Sicilian criminal organisation, Cosa Nostra, indicates the stolen masterpiece was taken to an art dealer in Switzerland who sold it off in pieces. They have followed this lead to eastern Europe and now believe they can recover the Nativity soon. Continue reading →