Word: rembrandt
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...only 6½ years after fundraising began, the $12 million museum floats on the tar like a battleship on a 600-ft. by 250-ft. concrete raft. Scraps of canvas make the ship sail. A fortnight ago, the museum's chief art donor, California Entrepreneur Norton Simon, acquired Rembrandt's Titus (TIME, March 26) for a staggering $2,234,400. Eventually it will go to the new museum-the brightest star in a firmament of fine art valued at some $35 million...
...Rembrandt is having a bully time of it these days. Fortnight ago at London's Christie's, his son, Titus, brought the second-largest price of any painting ever auctioned (only $64,000 less than the Metropolitan's $2,300,000 Aristotle). Last week, at the rival auction house of Sotheby & Co., his plump wife, Saskia as Minerva, brought $350,000, followed by a stunning study of an old man from the collection of U.S. Tin Plate Magnate William B. Leeds, which was knocked down for $392,000. Titus had given Christie's an alltime auction...
Then last week another Rembrandt came up for auction, a painting of the artist's son Titus done between 1645 and 1648. Much smaller than the Met's Aristotle, it is a painting rich in charm, warm with sentiment. It shows an angelic child dressed in a grey-brown tunic and wearing a yellow cap topped with red and yellow plumes. Theatrical? Yes. But Rembrandt had reason for wanting to please the lad. His mother, Saskia, had died, and the servant girl Hendrickje Stoffels had only recently entered the house to care for him. To Rembrandt...
...Applause That Stopped. The painting experienced even more vicissitudes than Rembrandt, ending up, according to legend, over a bedstead in a Dutch farmhouse. There, in the early 1800s, a traveling British art restorer named George Barker saw and picked it up for one shilling, which also included the price of bed and breakfast. Barker presented it to his patron, Lord Spencer. In 1915 it passed into the hands of Sir Herbert Cook for $168,000. Last week it was up for auction in London's Christie's auction house, identified simply as Item...
...stated, "if any dispute arises between two or more Bidders, the Lot so in dispute shall be immediately put up again and re-sold." As bedlam took over, Chance declared: "I have no option but to reopen the bidding." In a matter of seconds, with Marlborough no longer interested, Rembrandt's Titus became Simon's. The price: $2,234,400, a bare $64,000 below...