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Freeman's 'International Sales' Top 2 Million
Rare Portrait of Johann Sebastian Bach Found in Alabama
Leads the Way
(Philadelphia, Pa) October 12, 2012 - Auctions love a mystery... Controversy has long surrounded the portrait of composer Johann Sebastian Bach, attributed to the unsung painter Elias Gottlob Haussmann. The top lot in Freeman's October 'International Sales,' it hammered in, after a vigorous bidding war, at an astounding $122,500, many times what might be expected. Is this a contemporaneous portrait, painted of the composer from life, as abundant scholarship, scientific evidence, even a book suggest?... The market has spoken. The smart money is betting it is.
Freeman's 'Old Master Paintings' auction, only our second-ever, is a key component of our 'International Sale,' in alliance with Lyon & Turnbull, Scotland's oldest auction house. It succeeded, as the only Old Masters Painting sale in America outside of New York, in capturing the interest of collectors across the continents, resulting in a strong performance across the board that reflects our growing strength and commitment in this arena.
Presenting a complementary dimension, Freeman's 'International Sale: Fine Antiques & Decorative Arts' auction achieved equally dazzling results, compensating for the depreciating market in Georgian furniture with an expanded scope of diverse rare and unique pieces, such as the exquisite Japanese bronzes that shattered estimates, to pique the interest of top world collectors.
Overall, the prominence of the collections on offer in Freeman's International Sales -including the estate of philanthropist Marvin J. Lundy and the contents of Ditchley, an historic Virginia plantation, formerly the Virginia home of Alfred I. and Jessie Ball DuPont-generated a groundswell of local American interest and enthusiastic bidding.
Dominant however were collectors and dealers worldwide, who are increasingly turning their attention to the under-picked regions of America, where unique pieces of world-class quality and uniqueness can be still found that have eluded the market for generations.