Fabulous works of art, art objects, porcelain and antique furniture belonging to the Spencer family will be going under the hammer on July 6th, 7th and 8th in London.
Works of art by Rubens entitled: ‘A Commander Being Armed for Battle’ (1613-14) with an estimation of £8-12million, and Barbieri’s ‘King David’ (1651) with an estimation of £5-8million will go under the hammer at Christie’s on the 6th July. Both these paintings come from the Spencer ancestral seat at Althorp.
On the 7th July at Christie’s in South Kensington, a collection of horse drawn carriages are being sold, and on the 8th at King Street, there will be a selection of English and French porcelain, art objects and antique furniture sold, all items from the Althorp Collection and family attics and collected by the Spencer family over the years.
The proceeds of the sale are expected to reach £20million and the money will be used to restore Althorp. The object of the sale is to reinvest in the estate which is also the final resting place of Diana Princess of Wales. Trustees of the Estate have said: ‘For 18 years, the Trustees at Althorp have significantly built up the estate through the acquisition, development and retention of commercial and residential property. The Trustees believe now is the time to prepare for further, positive diversification and have therefore elected to sell a selection of works of art that are not core to the Althorp Collection.’ They added that reinvestment now will help the Althorp Estate thrive for future generations.
Much fine period antique furniture originates from large country houses like Althorp. When looking for choice antique cabinets, Lancashire dealers will always be able to provide interesting provenances to pieces that they have on offer.
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