$26 painting reassessed as Raphael artwork worth over $26 million

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Back in 2016, a Renaissance painting, which was valued at around $26, had been re-appraised at a staggering $26 million, thanks to an incredible discovery that the artwork was actually created by Raphael. Originally attributed to Innocenzo Francucci da Imola, an artist of somewhat lesser stature during Renaissance (who was known to paint in Raphaelesque manner), it is now believed to be the work of renowned Italian painter Raphael.

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While visiting the Haddo House, located near Aberdeen and owned by the National Trust for Scotland, historian Dr. Bendor Grosvenor was tasked with examining a bunch of paintings as part of a new BBC TV series titled Britain’s Lost Masterpieces. During his visit, he came across a dirty, old artwork hung by the door. For some reason, the intricate details in the piece captivated Grosvenor. He said:

I thought, crikey, it looks like a Raphael.  was very dirty under old varnish, which goes yellow. Being an anorak [British slang for “obsessed]”, I go round houses like this with binoculars and torches. If I hadn’t done that, I’d probably have walked past it.

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Once cleaned thoroughly, the painting transfigured into a “work of extreme beauty”, portraying a Raphaelesque Madonna. The techniques used to create the face as well as the profile of the model seemed to bear uncanny similarities with the well-known works of Raphael. Before arriving at the conclusion, Grosvenor conducted detailed research to trace the artwork’s origin.

Valued at over $26 million, the painting is thought to be the only work of Raphael to be publicly-owned by Scotland.

Via: The Guardian

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  • Geoff Kieley

    I’m not surprised that it’s worth 26 million, being a Raphael. What surprises me is that a Renaissance painting that’s not a Raphael would be worth so little – 26 quid?

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