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
The two came up with a brilliant invention for anyone who finds it difficult to relieve themselves in the wilderness.
2 hours ago
Samara Leilani who won a brand new Nissan showed that things aren't as they appear on the show.
3 hours ago
Students supported him to get on a flight to Los Angeles for an audition that changed his life.
1 day ago
She shared a video that demonstrated how she got fed up with the slow-moving line at Walmart and decided to take action.
1 day ago
Celebrity Week on "The Price is Right" allows celebrities to play games that the show is known for.
2 days ago
She saw that the woman taking instructions from someone on the phone and noticed something was wrong.
2 days ago
The moment became unforgettable for audiences, and the presenter was appreciated for his recovery.
2 days ago
Even without the raise, Oliver remains one of the top-paid faces on American television.
3 days ago
The story resonated with thousands of fans who made sure to set things right for the hardworking man .
3 days ago
After O'Leary and Rodriguez made offers, Cuban also joined Greiner to make an offer.
4 days ago
The Home Depot staffer requests the individual's tax-exempt number, which the individual declines.
4 days ago
She also called out Walmart after describing how she was feeling about wearing unwashed clothes.
5 days ago
Like any struggling young actor in the 80s, White was looking for any opportunity to appear on TV.
5 days ago
The man bought three tickets but left the last one at the counter and the man on the counter just checked it out of curiosity.
6 days ago
Perry's comments about splitting bills and the women being the breadwinner did not go down well with many.
6 days ago
The woman finally asked for help from a worker at Walmart and found out more alarming details.
7 days ago
Walmart worker confronts the return scammer, sparking a viral debate on ethical consumer behavior.
7 days ago
She was only offered $6,600 as a “goodwill gesture” for being the winner. 
Dec 6, 2024
The man from New Jersey bagged the reward when he was in the studio just as a member of the audience.
Dec 5, 2024
Viewers were left scrambling for an explanation until the glitch was fixed during a re-run later that year.
Dec 5, 2024