Princess Diana
A painting by Peter Paul Rubens that hung in the childhood home of the late Diana, Princess of Wales, is among 20 million pounds ($29 million) worth of Spencer family possessions being sold in London this summer.
The Spencers, through their trustees, were encouraged to sell after record auction prices such as the 29.2 million pounds paid for a Raphael drawing of a muse at Christie’s in December, said Rock.
Another Rubens rediscovery THE MASSACRE OF THE INNOCENTS, fetched 49.5 million pounds, a record for any Old Master, at Sotheby’s in 2002 against a low estimate of 4 million pounds.
The trustees are also selling items that formally furnished Spencer House, in London’s St. James’s district, which the family vacated in the 1920s.
On July 8, Christie’s will offer more than 40 lots of 18th century English and French furniture, porcelain and decorative objects. These include a set of 12 George II mahogany dining chairs designed by Spencer House architect John Vardy, valued at as much as 1 million pounds.
DIANA: A CELEBRATION, an exhibition commemorating the life of the sister of Charles, 9th Earl Spencer, has been an attraction at the much-altered 16th-century house since 1998.
Bidders will be lured by lots such as a two-seat Regency period coach used by Lord and Lady Spencer for state occasions, estimated at 50000 pounds to 80000 pounds.
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