Sold for 914 times top estimate: £5m ‘Botticelli’ stuns saleroom
Spectators at an auction in Zürich were left flabbergasted when a Quattrocento panel painting with a SFr5000-7000 estimate catalogued as ‘in the style of Sandro Botticelli (c.1445-1510)’ was knocked down at SFr6.4m (£5.16m) after an intense 10-minute bidding battle.
The portrait of a young man, offered for sale at Schuler on June 28, had been in a Swiss private c…