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'An Italian Landscape with a Goatherd and other Figures near a Classical Ruin' by Pierre Patel the Elder – $270,000 (£207,800) at Doyle.

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Patel rediscovery soars to $270,000

Estimated at just $5000-8000, a rediscovered work by the 17th century French landscape artist Pierre Patel the Elder (1605-76) soared to $270,000 (£207,800) plus 26% buyer’s premium at Doyle in New York on November 10.

An Italian Landscape with a Goatherd and other Figures near a Classical Ruin was deemed a fine example of the fanciful views of Italy that Patel painted in the 1640s.

Last seen publicly in 1951, when it was exhibited at Newhouse Galleries in New York, it has been in a private collection since that time.

Measuring 2ft 2in x 2ft 11in (66 x 89cm), this is the work featured in the artist’s catalogue raisonné published by Natalie Coural in 2001 titled as Paysage de Ruines Animé de Figures et Animaux with its whereabouts listed as ‘unknown’.

Dreweatts backs new history award

Auction house Dreweatts has teamed up with Historic Houses, a group of independent historic properties, castles and gardens across the UK, to launch an award.

Historic Houses already hosts a number of categories including recognising gardens, restoration, education and sustainability.

The accolade launching in 2022 is called the ‘Collections Award: Recogni s ing Responding, Reimagining’ which will honour those who “preserve, restore and interpret beautiful and significant objects”.

Historic Houses represents, advises and supports the owners of properties, who may be individuals, families, small charitable trusts, businesses, educational institutions or local authorities. The latest winner of a Historic Houses accolade is Radbourne Hall in Derbyshire which has won its Restoration Award this month (sponsored by Sotheby’s).

Catalogue raisonné conference date

The International Catalogue Raisonné Association’s third annual conference, Sculpture and the Catalogue Raisonné – From Antiquity to NFTs, will take place online on December 1-2.

The programme has been curated by art historian and curator Dr Sharon Hecker and is sponsored by Christie’s, Daniel Katz Gallery, transport and installation firm Mtec and investment firm Stonehage Fleming

Art payment firm launches in UK

Art Money has launched in the UK. Founded by art entrepreneur Paul Becker in 2015, Art Money said it “enables people to buy art and pay over time interest-free”.

It will finance purchases up to £100,000. Buyers make 10 payments over 10 months with no interest.

Art Money currently partners with over 1350 galleries globally. Galleries provide a commission of up to 10% and in return are paid immediately, allowing their artists to be paid quickly. Art Money takes full repayment risk.

Carriage donation with family values

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The Chichester family carriage donated to the National Trust’s dedicated museum in Devon.

A descendant of a Victorian coachman has given the carriage his great-grandfather once drove to the National Trust’s carriage museum at Arlington Court in Devon.

It was driven by Thomas Pedler to take members of the Chichester family from their home near Barnstaple in Devon for trips to town and back.

The carriage was owned by a branch of the Chichester family – one of the most prominent families in north Devon for 500 years – who were cousins of the family who lived at Arlington Court. It is the first carriage with a family connection to be displayed at the museum. Pedler’s great-grandson, Garth Pedler, acquired the carriage in 1996 when it came up for sale, because of the family connection.

He had some conservation work carried out on the carriage and has since given it to the National Trust, which will be doing further conservation on it.

It now joins the collection of more than 40 historic carriages at the museum, which has a wide and representative range on display from a glass hearse to a state chariot.

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In Numbers

£41m

The value of the winning bid ($43.2m including fees) for a copy of the US Constitution sold last week at Sotheby’s New York. The underbidder was a crowd-funded group of cryptocurrency enthusiasts who had raised the funds online in a week. The document had last sold for $165,000 in 1988.