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    Raphael drawing fetches $47.8 million in auction

    LONDON (AP) — One of the most significant drawings by Italian master Raphael in private hands sold for 29.7 million pounds ($47.8 million) in London Wednesday, smashing pre-sale estimates for the black chalk work.

    "Head of an Apostle" was expected to fetch between 10 million pounds and 15 million pounds, and Sotheby's auction house said the sale set a record for any work on paper sold at auction.

    Sotheby's said the winning bid was placed over the phone following an intense battle among four bidders.

    "Head of an Apostle" was created in preparation for Raphael's Biblical painting "The Transfiguration," which hangs in the Vatican Museum in Rome.

    "If you are lucky, at some point in your career a work like this comes along," said Gregory Rubinstein, worldwide head of Old Master drawings at Sotheby's.

    He called Raphael — who died in 1520 — a genius.

    The piece had been part of a collection at the Duke of Devonshire's Chatsworth House home in Derbyshire since the 1700s.

     

    30 comments

    • Robert M  •  3 days ago
      Pawn Stars would had given $200 for it, and that's only because its in a nice frame.
    • Judge Smails  •  2 days 12 hrs ago
      $47 million for a drawing by a turtle. I'm putting the dog to work when I get home.
    • Mike  •  3 days ago
      The picture made it so much more real!
      • Carolyn 2 days 12 hrs ago
        Made WHAT real ?
    • Steve  •  2 days 4 hrs ago
      Word on the street is that Michelle Obama won the bid.

      Shhhh...keep that on the down low. That's the White House's "Milk Fund". It seems that the girls are Ninja Turtles fans.
    • michael  •  2 days 13 hrs ago
      You have got to be kidding. That is insane, paying that much for a drawing. Who ever bought that is nuts!!!!
    • Scott  •  2 days 8 hrs ago
      Hopefully, the Lords can now uncover some of their windows....and pay their back taxes.
    • Charles  •  2 days 7 hrs ago
      What dummys with money no sence pay that kind of money for a stupid drawing that money could help alot of people
    • Melissa  •  3 days ago
      What do I have to do to get this drawing above your mantle?
    • Dickie Cee  •  2 days 7 hrs ago
      Supposedly Rafael made such passinate love to his mistress, he got fatigued, fell ill for 3 weeks or so then died at the age of 37!

      Mozart kicked the bucket almost the same age I think...
    • tom  •  2 days 17 hrs ago
      He was the most talented of the Ninja Turtles.
    • Gerard  •  3 days ago
      rare but over-priced, the Lords of the manor are laughing all the way to the bank
    • Universal Dreamer  •  2 days 2 hrs ago
      Wonder how much the artist got for it? My guess: $0.
    • Capone  •  3 days ago
      absolutely amazing!
    • Sam  •  3 days ago
      I was lucky enough to see a collection of these Raphael drawings in a museum about 20 years ago. Amazing. The man was brilliant.
    • James  •  2 days 14 hrs ago
      I drawed a picture from 4th grade bidding starts at 300 million
    • TEN-OF-WANDS  •  3 days ago
      FURTHER evidence of an unwholesome concentration of wealth in the global economy.
    • Ole Unca Bob  •  3 days ago
      Keep the money moving. That's what makes the world go round. Maybe the seller will use some of the money to fix up the old place in Derbyshire and keep a large group of stone masons, craftsmen and cabinetmakers busy for a few years.
      • Michael P 2 days 23 hrs ago
        Good point. Too bad it's wasted on the people that are haters. Hey, it's his money, let him do with it what he wants. I bet that most of the people on here have more money than the poorest of the poor in alot of third world countries. I wonder if those in the third world are, at this very moment, bitchin' about the richy riches that are on their interwebs and living a decadent lifestyle.
    • bob  •  3 days ago
      Heck, I can draw better than that, and I'm a little cheaper.
      • Dan 2 days 23 hrs ago
        But can you kiss the pope's #$%$?
        That would make your work valuable
    • OZMAN28  •  2 days 6 hrs ago
      At the end of the day its still just a piece of paper.
    • OZMAN28  •  2 days 6 hrs ago
      I didnt know the ninja turtle could draw

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