AO News Summary: New Record For Titian Painting Set at Sotheby’s Old Master Sale in New York January 27, 2011

January 28th, 2011

Tiziano Vecellio (Titian), A Sacra Conversazione: The Madonna and Child with Saints Luke and Catherine of Alexandria, c. 1560 (est. $15-20 million, realized $16.9 million), via

Sotheby’s 378-lot Old Master Sale in New York today realized a total of $90.6 million and set a record for a Titian painting at auction. The painting generated only one bid from an unidentified European collector and sold for its low estimate of $15 million. Still, the sale broke the previous record for a painting by the artist at auction that was set 20 years ago with the sale of Venus and Adonis for $13.6 million at Christie’s in London. The new record-holding painting is a late work and, according to the auction house’s research, has changed hands only six times since its creation around 1560.

-J. Mizrachi

At Sotheby’s Sale, Titian Draws One Bidder [New York Times]
Titian Painting Fetches Auction Record [ABC News]
Titian’s Madonna Fetches Record $16.9 Million at Sotheby’s Old Master Sale [Bloomberg]