ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

90-year-old almost threw this painting in trash. Turns out, it's a 13th century artwork worth $26 million

Thankfully, her family decided to consult an expert who revealed its true value. 
PUBLISHED AUG 31, 2024
Cover image source: Pexels | Andrew Neel
Cover image source: Pexels | Andrew Neel

Art is known to stand the test of time and while some masterpieces are housed in famous museums and are a matter of pride for humankind, a few have been stolen or simply lost never to be found again. A 90-year-old French woman recently discovered a 13th-century masterpiece in her kitchen, which turned out to be worth millions of dollars. The woman, who initially thought it was simply junk, almost threw it away. Thankfully, her family decided to consult an expert who revealed its true value. 

Image Source: Pexels | Red Nguyen
Image Source: Pexels | Red Nguyen

The expert noticed the unusual depiction of Christ surrounded by people. Upon scrutiny, he realized that it was a long-lost painting, "Christ Mocked", by Cimabue who was a prolific Italian painter from the 13th century. This is one of his 15 paintings known to exist, which makes the art a rare masterpiece. The painting got its name for being a part of an eight-part diptych that shows eight scenes depicting the crucifixion and passion of Christ.

The 13th-century masterpiece was originally supposed to go to Chilean billionaires Álvaro Saieh Bendeck, an economist, and his wife Ana Guzmán Ahnfelt, an architect who later couldn't get it due to the French government's declaration of the art being a national treasure, and denied the painting for an export license.

The government then granted the Louvre Museum 30 months to raise the necessary funds for its acquisition. Recently, the museum and the painting's owners reached an agreement, securing the artwork's place in the Louvre's collection. The director of the Museum expressed his excitement about the agreement and stated that it was a "great joy" to have acquired the painting. While the amount that the museum paid for the painting is unknown, the Chilean billionaires were ready to pay around $26 million for the painting. 

Representative Image Source: Pexels | Loïc Manegarium
Representative Image Source: Pexels | Loïc Manegarium

Des Cars said Cimabue's "Christ Mocked" is a crucial milestone in the history of art, marking the fascinating transition from icon to painting. The painting is set to be presented in 2025 during the spring exhibition, alongside the Maestà, which is another painting by Cimabue which too belongs to the Louvre collections and whose restoration is currently on.

Giovanni Cimabue was an Italian painter and a designer of mosaics from Florence. He is regarded as one of the first great Italian painters to break from the Italo-Byzantine style. His works often had life-like figures and featured more sophisticated use of shading to suggest volume. Giovanni Cimabue is known to be the teacher of Giotto, who was the first artist of the Italian Proto-Renaissance. 



 

As early as 1543, Vasari wrote of Cimabue, "Cimabue was, in one sense, the principal cause of the renewal of painting," with the qualification that, "Giotto truly eclipsed Cimabue's fame just as a great light eclipses a much smaller one," via Internet Archive. 

Something similar happened with this Spanish family, who too were shocked to discover that a painting that had hung on the wall of their home for years was actually a painting by Flemish Baroque artist Anthony van Dyck and potentially worth millions. The painting called "The Presentation of the Baby Jesus to Saint Barbara," is believed to be from the 17th Century.

MORE ON MARKET REALIST
Rick Harrison has been wrong about some items in the past, and once even doubted himself.
10 hours ago
Fans of some shows can be quite brutal in their assessment and they don't shy away from expressing it.
12 hours ago
Ken Jennings might be extremely smart, but even he had to concede defeat to technology more than a decade ago.
14 hours ago
While most Sharks were out, the founder of Dirty Cookie, Shahira Marei, found her perfect partner.
15 hours ago
Some entrepreneurs need a little push and there's no one like a mother to do that.
1 day ago
The player effortlessly swept the game and Carey was impressed but couldn't respond to the offer.
1 day ago
Richard Benjamin Harrison was very impressed with what the guest had brought to the show, but remained calm.
1 day ago
Jennings is a legend of the game himself and he has a lot of respect for other successful players.
1 day ago
Harrison was ready to make 'the biggest buy in Pawn Stars history' for the item.
1 day ago
This wasn't the first time that fans were upset about contestants not recognizing a well-known personality.
2 days ago
The watch was sold four years after it came to the show for a massive amount of money.
2 days ago
Many fans also mentioned how they were themselves unable to solve it.
2 days ago
Things could have ended up quite nasty had he connected his boot with the host's face.
2 days ago
One of the things that made the record so valuable was the signature of a late, great drummer.
3 days ago
No one expects to see someone intentionally drop their phone in the toilet, but that's what we got.
3 days ago
The experts were certainly intrigued as they had probably never appraised a food item before.
3 days ago
He loved the item from the moment it arrived in the store, and wasn't going to let it go that easy.
3 days ago
The guest told his mom that they were going to spend the weekend in Acapulco after the big appraisal.
3 days ago
After making his ring debut in 1984, James Harris was nicknamed 'The Ugandan Giant.'
4 days ago
It's not always the successful ones that get all the attention, some contestants become infamous too.
4 days ago