Art scholars were unaware of the painting’s existence until it first appeared on the market in the early 20th century.
“This Botticelli is so much more spectacular in every way than anything we’ve seen coming to the market,” Christopher Apostle, Sotheby’s senior vice president, told AFP. The portrait was handed down through several generations of an aristocratic family in Wales for around 200 years. It has appeared at New York’s Metropolitan Museum of Art, the National Gallery in London and elsewhere.
The auction house says ‘Young Man Holding a Roundel’ is as significant as Botticelli’s ‘Portrait of a Man with a Medal of Cosimo the Elder’ and ‘Portrait of Giuliano de’ Medici’.
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