
An abstract painting by Denmark's Queen Margrethe, who abdicated earlier this year, was recently sold at a Copenhagen auction for 160,000 kroner ($23,300), surpassing the estimated price range of 75,000-100,000 kroner ($11,000-14,550). Queen Margrethe, aged 83, is known for her artistic talents, with several of her paintings exhibited in museums in Denmark and abroad.
The unnamed acrylic painting from 1998, initially priced at 45,000 kroner ($6,550), was acquired by an undisclosed buyer at Denmark’s main auction house. The painting, which was a gift to a former aide who passed away in 1989, had been in the family's possession.