Cimabue’s ‘Christ Mocked’ sold for $27 million

Cimabue’s ‘Christ Mocked’ was found in the kitchen when a French elderly lady plan to move out. All the time that millions worth art piece was hanging in the kitchen, she didn’t know that is an oeuvre of medieval Italian grandmaster. The discovery In October 2019, this painting was auctioned at an impressive price of around $27m, which was recorded as the highest auction of medieval painting. This is a once in a blue moon in the art world since Cimabue’s works, which mostly created around the end of the 13th century, are very rare. It’s hard to evaluate if the auction was reasonable or overprice because of lacking the reference price. With a pre-auction valuation of $4.4 – 6.6m, the final price hammered at $26.4m or about five-six times more than the appraised value. By the way, Who is Cimabue? Cimabue is actually an alias “bull’s head,” which used…