A rare 550-year-old Botticelli portrait may sell for a record breaking $80 million

Alessandro di Mariano di Vanni Filipepi, known as Sandro Botticelli, was an Italian painter of the Early Renaissance. Some of his best-known works are The Birth of Venus and Primavera, both in the Uffizi in Florence. Now 550 years later, a Sandro Botticelli portrait of a wealthy and handsome young man, better known as ‘Young Man Holding a Roundel’, is set to surface at auction with an estimate of more than $80m. This is quite a special occurrence for Sotheby’s too as most of Botticelli’s works are now only found in museum collections making this rare 15th-century portrait even more special than it is. The portrait, Young Man Holding a Roundel, is recorded as being in the collection of Lord Newborough at Caernarfon in Wales in the 1930s and then sold to a private collector, whose heirs sold it at auction to the present owner in 1982 for nearly $30,00,000. The portrait has made several trips to the National Gallery in London, the Metropolitan Museum of Art in New York, the National Gallery of Art in Washington, and the Städel Museum in Frankfurt.

Young Man Holding a Roundel features a bust-length portrait of a noble sitter, who is believed by scholars to be made in the image of a Medici family member. Sandro Botticelli’s Young Man Holding a Roundel will be sold in January 2021 in an Old Masters evening sale at the house’s New York headquarters, for an estimated $80 million.

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[Via: CNN]

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.