A painting by famous Renaissance artist Titian once traded for just less than 80 dollars in London over 100 years ago, has been auctioned for a whopping 4.8 million euros (4.9 million dollars) in Austria – which is more than three times higher than experts’ estimations.
According to Viennese auctioneers Dorotheum, the 1565 artwork once adorned the walls of Christina, Queen of Sweden (1629-1689), Philippe, Duke of Orleans (1674-1723), and most probably the Holy Roman Emperor, Rudolf II.
The auction house said John Maitland, Esq. had bought the painting for 350 guineas (0.039 dollars) in London in 1798. After his death, the artwork was acquired by John Rushout, 2nd Baron Northwick, in 1831.
