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Rediscovered JMW Turner Painting to Sell for €350,000
A painting initially valued at under €1,000 has been authenticated as a 1792 JMW Turner oil painting, "The Rising Squall," and is expected to sell for over €350,000 at Sotheby's auction on July 2nd, 2024, due to the rediscovery of Turner's signature after varnish restoration.
- How did the misattribution of "The Rising Squall" occur, and what factors contributed to its undervaluation?
- The rediscovered painting, "The Rising Squall," was initially misattributed due to obscured signature under discolored varnish. Its reappearance and authentication underscore the challenges in art attribution and the potential for undervalued works to surface.
- What is the significance of the rediscovered JMW Turner painting, and what immediate impact does its authentication have on the art market?
- A painting initially valued at under €1,000 has been identified as a youthful work by JMW Turner, fetching an estimated €350,000 at Sotheby's auction next month. The rediscovery highlights the artist's early mastery of oil painting, a challenging technique, and reveals his ambition even at a young age.
- What are the broader implications of this discovery for the study of JMW Turner's artistic development and the future valuation of early works by renowned artists?
- This discovery significantly impacts our understanding of Turner's early career, showcasing his exceptional skill and ambition as a teenager. The substantial price increase highlights the fluctuating value of art based on authentication and market demand, influencing future appraisals of similar works.
Cognitive Concepts
Framing Bias
The framing is largely neutral. The article presents the facts of the rediscovery and upcoming auction without overtly favoring any particular perspective. The headline accurately reflects the core information. While the emphasis on the painting's increased value is prominent, this is understandable given the nature of the story.
Sustainable Development Goals
The rediscovery and revaluation of a previously undervalued artwork by J.M.W. Turner has the potential to generate significant revenue. This could contribute to the economic well-being of individuals and institutions involved in the art world, potentially alleviating poverty for some.