Rembrandt's The Adoration of the Kings was valued at $15,000 two years ago as it was believed to be painted by one of the Dutch master's students. Photo: Sotheby's
Rembrandt's The Adoration of the Kings was valued at $15,000 two years ago as it was believed to be painted by one of the Dutch master's students. Photo: Sotheby's
Rembrandt's The Adoration of the Kings was valued at $15,000 two years ago as it was believed to be painted by one of the Dutch master's students. Photo: Sotheby's
Rembrandt's The Adoration of the Kings was valued at $15,000 two years ago as it was believed to be painted by one of the Dutch master's students. Photo: Sotheby's

A $15,000 painting is now expected to fetch millions after it was found to be a Rembrandt


Razmig Bedirian
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A painting once appraised at $15,000 is now projected to fetch up to $18 million under the hammer after it was found to be the work of Rembrandt.

The painting, titled The Adoration of the Kings, depicts the biblical account of the Three Wise Men meeting baby Jesus. It was valued at $15,000 two years ago as it was believed to be painted by one of Rembrandt’s students. The work’s recent ownership lineage is traced back to 1955, to collector JCH Heldring in Amsterdam. In 1985, it was sold by his widow to a German family. Christie’s in Amsterdam then put the painting up for auction in 2021, where it was acquired by an anonymous buyer for $908,000.

The work, measuring 24.5 x 18.5 centimeters, was sold for a sum that was believed to be astronomical, given its initial valuation. Christie’s ascribed the painting to the Circle of Rembrandt, meaning the work was produced by an artist who was close to the Dutch master.

Rembrandt's The Adoration of the Kings had been attributed to him until 1960, when German art historian Kurt Bauch said it was produced by someone who had studied with the Dutch master. Photo: Sotheby's
Rembrandt's The Adoration of the Kings had been attributed to him until 1960, when German art historian Kurt Bauch said it was produced by someone who had studied with the Dutch master. Photo: Sotheby's

However, now the painting is estimated to be sold for millions more in auction. The anonymous buyer consigned the work to Sotheby’s, who is now attributing the painting to Rembrandt himself.

The auction house undertook a research project that spanned 18 months, comprising x-rays, infrared imaging and conversations with Rembrandt academics. It is believed that the painting was created around 1628, and is an example of the artist's early work, when he was 22 and living in Leiden, a city in western Netherlands.

What makes the work particularly valuable is that a lion’s share of Rembrandt’s known art is part of institutional collections. The few that have come into auction “have been portraits or studies of single character heads,” reads a Sotheby’s release.

Thus, the painting presents a “fantastic opportunity” for the art market, George Gordon, co-chairman of Old Master Paintings Worldwide at Sotheby’s, told CNN.

“I would say that it’s particularly significant because it adds to our understanding of Rembrandt at this crucial date in his development and career, when he was clearly very ambitious and developing very quickly as an artist.”

The painting is first referred to in the 1714 inventory of Dutch collector Constantijn Ranst. It was offered for sale in 1814, and then in 1822. The work then vanished from the public eye until the mid-20th century, when it was acquired by Heldring.

It had been attributed to Rembrandt until 1960, when German art historian Kurt Bauch said it was produced by someone who had studied with the Dutch master. However, Bauch never saw the painting in person and based his conclusions on a black-and-white photograph.

“This sophisticated painting is in equal measure a product of Rembrandt’s brush and his intellect. All the hallmarks of his style in the late 1620s are evident both in the visible painted surface and in the underlying layers revealed by science, showing multiple changes in the course of its creation, and casting fresh light on how he thought,” Gordon said.

The painting is currently being exhibited at the Sotheby’s branch in Hong Kong. It will then make its way to New York, Los Angeles and London, where it will be auctioned on December 6.

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New process leads to panic among jobseekers

As a UAE-based travel agent who processes tourist visas from the Philippines, Jennifer Pacia Gado is fielding a lot of calls from concerned travellers just now. And they are all asking the same question.  

“My clients are mostly Filipinos, and they [all want to know] about good conduct certificates,” says the 34-year-old Filipina, who has lived in the UAE for five years.

Ms Gado contacted the Philippines Embassy to get more information on the certificate so she can share it with her clients. She says many are worried about the process and associated costs – which could be as high as Dh500 to obtain and attest a good conduct certificate from the Philippines for jobseekers already living in the UAE. 

“They are worried about this because when they arrive here without the NBI [National Bureau of Investigation] clearance, it is a hassle because it takes time,” she says.

“They need to go first to the embassy to apply for the application of the NBI clearance. After that they have go to the police station [in the UAE] for the fingerprints. And then they will apply for the special power of attorney so that someone can finish the process in the Philippines. So it is a long process and more expensive if you are doing it from here.”

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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

ESSENTIALS

The flights 

Etihad (etihad.com) flies from Abu Dhabi to Mykonos, with a flight change to its partner airline Olympic Air in Athens. Return flights cost from Dh4,105 per person, including taxes. 

Where to stay 

The modern-art-filled Ambassador hotel (myconianambassador.gr) is 15 minutes outside Mykonos Town on a hillside 500 metres from the Platis Gialos Beach, with a bus into town every 30 minutes (a taxi costs €15 [Dh66]). The Nammos and Scorpios beach clubs are a 10- to 20-minute walk (or water-taxi ride) away. All 70 rooms have a large balcony, many with a Jacuzzi, and of the 15 suites, five have a plunge pool. There’s also a private eight-bedroom villa. Double rooms cost from €240 (Dh1,063) including breakfast, out of season, and from €595 (Dh2,636) in July/August.

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Picture of Joumblatt and Hariri breaking bread sets Twitter alight

Mr Joumblatt’s pessimism regarding the Lebanese political situation didn’t stop him from enjoying a cheerful dinner on Tuesday with several politicians including Mr Hariri.

Caretaker Culture Minister Ghattas Khoury tweeted a picture of the group sitting around a table at a discrete fish restaurant in Beirut’s upscale Sodeco area.

Mr Joumblatt told The National that the fish served at Kelly’s Fish lounge had been very good.

“They really enjoyed their time”, remembers the restaurant owner. “Mr Hariri was taking selfies with everybody”.

Mr Hariri and Mr Joumblatt often have dinner together to discuss recent political developments.

Mr Joumblatt was a close ally of Mr Hariri’s assassinated father, former prime minister Rafik Hariri. The pair were leading figures in the political grouping against the 15-year Syrian occupation of Lebanon that ended after mass protests in 2005 in the wake of Rafik Hariri’s murder. After the younger Hariri took over his father’s mantle in 2004, the relationship with Mr Joumblatt endured.

However, the pair have not always been so close. In the run-up to the election last year, Messrs Hariri and Joumblatt went months without speaking over an argument regarding the new proportional electoral law to be used for the first time. Mr Joumblatt worried that a proportional system, which Mr Hariri backed, would see the influence of his small sect diminished.

With so much of Lebanese politics agreed in late-night meetings behind closed doors, the media and pundits put significant weight on how regularly, where and with who senior politicians meet.

In the picture, alongside Messrs Khoury and Hariri were Mr Joumbatt and his wife Nora, PSP politician Wael Abou Faour and Egyptian ambassador to Lebanon Nazih el Nagari.

The picture of the dinner led to a flurry of excitement on Twitter that it signified an imminent government formation. “God willing, white smoke will rise soon and Walid Beik [a nickname for Walid Joumblatt] will accept to give up the minister of industry”, one user replied to the tweet. “Blessings to you…We would like you to form a cabinet”, wrote another.  

The next few days will be crucial in determining whether these wishes come true.

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Based: Business Bay, Dubai

Sector: Financial services

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Investors: Self-funded to date with $1m of personal savings

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Updated: October 08, 2023, 7:25 AM`