What's Happening?
A newly attributed drawing by Michelangelo, identified as a study for the Sistine Chapel ceiling, is set to be auctioned at Christie's New York next February. The drawing, a five-inch tall red chalk sketch
of a bare foot, has never been on the market before and is estimated to fetch between $1.5 million and $2 million. Giada Damen, a specialist in Old Master drawings at Christie's, confirmed the drawing as a preparatory sketch for the right foot of the Libyan Sibyl, a figure on the Sistine ceiling. The drawing was initially submitted for valuation by a member of the public from Northern California, who inherited it from his grandmother. Further research, including infrared reflectography, linked the drawing to other studies of the Libyan Sibyl housed at the Metropolitan Museum of Art in New York, confirming its authenticity.
Why It's Important?
The auction of this Michelangelo drawing is significant for the art world, as it represents the first unrecorded study for the Sistine ceiling to come to auction. The drawing's estimated value highlights the continued high demand and appreciation for works by Renaissance masters. This event could influence the market for Old Master drawings, potentially increasing interest and prices for similar works. For collectors and institutions, acquiring such a piece would be a prestigious addition, enhancing their collections' historical and cultural value. The auction also underscores Christie's role in handling high-profile art sales, reinforcing its position as a leading auction house in the art market.
What's Next?
The auction is scheduled for next February, and it is expected to attract significant attention from collectors, museums, and art historians. Potential buyers may include private collectors and institutions looking to enhance their collections with a rare piece of art history. The sale could prompt further research and interest in Michelangelo's works, possibly leading to new discoveries or attributions. Christie's will likely continue to promote the auction, highlighting the drawing's historical significance and rarity to maximize interest and bidding.
Beyond the Headlines
The discovery and auction of this Michelangelo drawing raise questions about the provenance and security of valuable artworks. The seller's anonymity due to security concerns reflects the challenges faced by owners of high-value art pieces. Additionally, the drawing's journey from a family heirloom to a high-profile auction item illustrates the potential for undiscovered treasures within private collections. This event may encourage other owners to seek valuations and authentication for their artworks, potentially uncovering more historical pieces.
