74 Times the Estimate
December 8 2010
An interior of a church catalogued as 'Studio of Pieter Jansz. Saenredam (1597-1665)' has sold for £1,476,000 at Bonhams today. The estimate was £20,000 to £30,000.
It might appear at first as if a 'sleeper' has slipped through the net. But reading the text of the catalogue, it seems the auctioneers knew exactly what they were doing - it effectively says, 'we think this is really by Saenredam'. And by leaving open the element of discovery, the (rather dirty) 'studio' picture was the perfect cheese in the trap for the world's Old Master dealers.
The price beat the existing auction record for a Saenredam by some margin.